FixMyBadHomeLoan.org has developed a fully customized Do It Yourself Loan Modification Kit.

If often seems like banks and lender prefer to foreclosure on people’s property, rather than moving forwards with a Loan Modification. Is this actually true? Why will a bank foreclose, and not perform a loan modification? An increasing number of American homeowners are facing foreclosure…

Once your lender has agreed to provide you with a Loan Modification, then they will present you with an offer to help with your specific situation. You should then take the time to carefully read and understand all the terms, before completing the documentation. There are many options which the lender may choose from to make your home loan more affordable…

The Home Affordable Refinance Program gives up to 4 to 5 million homeowners with loans owned or guaranteed by Fannie Mae or Freddie Mac an opportunity to refinance into more affordable monthly payments. The Home Affordable Modification Program commits $75 billion to keep up to 3 to 4 million Americans in their homes by preventing avoidable foreclosures.

At one of our Loan Modification Workshops in Arizona recently, someone asked the question, “Can I still get a loan modification if I am current on my mortgage?” They went on to say that they are struggling to pay their bills due to a financial hardship, and are just hanging on by a thread. Here’s our answer…