Modifications

If you are like so many others in these trying economic times, making ends meet is hard. If you are having difficulty making your mortgage payment, you may be a candidate to have the terms of your current home loan modified.

A Loan Modification is a permanent change in one or more of the terms of your home loan that results in a payment you can afford.

Loan Modifications can help you
    » Keep Your Home
    » Restructure Your Current Mortgage
    » Avoid Foreclosure and Bankruptcy

The Client 1st Loan Modification Process not only helps you reduce your mortgage payment, it helps you plan ahead to stay in your home for years to come.

The Process?

At Client 1st Home Loans, we act in your best interest to help reduce your mortgage payment. Our easy step-by-step process keeps you informed every step of the way.

We have direct access to decision makers at all of the major lenders. We act as your advocate and take over all responsibilities for dealing with your lender and provide you with expert advice about your best course of action.

While we cannot guarantee that your loan will be modified, we guarantee that we will act in your best interest and put the decision making power in your hands.

Once the process begins, your lender will stop contacting you regarding late payments or collections. Your lender will deal directly with us. We handle all of the negotiations and paperwork. We start by having you complete our application. Other documents are needed that are listed on the Loan Modification Checklist. Your Client 1st consultant is available to help you answer any questions.

How Much Does It cost?

The mortgage modification fee is $3,000.00. There are NO up-front fees and NO hidden costs. You pay ONLY if the mortgage modification is completed. Once again, you are in control. If you do not like the terms of the modification, you are NOT obligated to accept it. Easy payment options include cash, check and major credit cards.

How much will I save?

Results will vary, but the average loan modification reduces the mortgage payment by 30%. On an average home loan, this is approximately $570.00 per month. We cannot guarantee how much you will save, but unless the savings is to your liking, you do not have to complete the modification. You are in control.

The Client 1st Loan Modification Process not only helps you reduce your mortgage payment, it helps you plan ahead to stay in your home for years to come.

Mortgage Check List

□  Copies of 2 recent pay stubs from employer
or unemployment pay stubs for all borrowers

□  Copies of 2 months complete bank statements

□ Copies of current mortgage statements

□  Copies of current mortgage statements from
other properties owned

□  Hardship letter

□  Copy of tax returns for 2006 and 2007, with W2's

□  Completed Application

□  Signed Limited Power of Attorney

□  Signed Privacy Statement

□  Current Property Tax Statement

The Modification Request cannot be processed until ALL paperwork and applications are completed. If you have questions or need assistance, please contact your Client 1st Consultant.