This calculator provides a good idea about what monthly reduction you might be eligible for on your primary mortgage payments, in accordance with the Making Home Affordable program. Under the Home Affordable Modification program, the target maximum amount for your mortgage payment (or mortgage debt-to-income) should be 31% of your gross (pre-tax) monthly income.
This Payment Reduction Estimator will determine what your current …

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…

Unfortunately, during this time of financial crisis maby desperate and confused homeowners are susceptible to being taken advantage of by various scams. At fixmybadhomeloan.org we have put into place an Exclusive Scam Prevention Program, to ensure protection for homeowners. Few, if any company in the loan modification industry offer these levels of protection.
In Phoenix, and Tucson, Arizona we help educate homeowners through monthly …

This tools provides a simple and quick guide to see if you are eligible for the Home Affordable Modification Program (HAMP) as outlined by the Obama Administration. Enter your current monthly gross income into the form, and then click on the Calculate button. The tool will calculate a mortgage payment guideline amount. If your current mortgage payment is above this amount and …

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…