“I love my home too much to just lose it in an auction or hand it over to the bank. When my mortgage started failing, I knew I had to see my lawyer. He put me on Loanmodify®. I got a loan modification and now my mortgage is doing great and I'm feeling much better.”
If you're having difficulty or are unable to pay your mortgage because of a hardship beyond your control that's caused your other bills to increase and/or your income to go down, it may be more than the typical challenges all homeowners go through. It may be a more serious problem known as foreclosure syndrome.
Here are some of the most common symptoms of foreclosure syndrome:
- Difficulty or inability to make your monthly mortgage payment
- Medical problems that caused you to lose income
- Being served with a summons and complaint notifying you of foreclosure
- Feelings of hopelessness or irritation about your mortgage
- Loss of old job or income source, with new job not paying as well
- Divorce or death of spouse or family
If you're experiencing these symptoms, or any others of foreclosure syndrome, it's important to see an attorney as soon as possible. Foreclosure syndrome is a serious condition that should not be ignored. It can result in high blood pressure, anxiety, and suicide.
Fortunately there is an effective treatment for foreclosure syndrome. The best prescription for many homeowners is a treatment called Loanmodify® (a loan modification), which not only treats the symptoms of foreclosure syndrome, but has the potential to cure it.
A loan modification works by making permanent changes to your mortgage, such as lowering the interest rate, extending the term length, and sometimes reducing the principal owed on the loan. No homeowner is given a permanent loan modification immediately after applying. They must first be approved for a trial modification period of about three months. If the trial payments are made on time a permanent modification will be granted.
Loanmodify has been proven to work for mild to severe cases of foreclosure syndrome. It has already helped millions of homeowners achieve a lower mortgage payment, reinstate their loan, and return to normal servicing.
Unlike other treatments for foreclosure syndrome, Loanmodify does not require a prescription or cost anything to apply, and there are no closing costs. However, homeowners who apply for loan modifications on their own are usually denied. It is best to work with an experienced professional who understands how to make it work for you.
Six million Americans have lost their homes to foreclosure since the beginning of the financial crisis. It's too late for them to get a loan modification or do anything to save their home. But there are about one million people currently in some stage of the foreclosure process. If you're one of them, it's not too late to do something to save your home.
You don't have to suffer with foreclosure syndrome anymore. The sooner you examine whether Loanmodify is right for you, the sooner it can start to improve your situation.
Side effects of Loanmodify include an affordable mortgage payment, peace of mind, and getting to stay in your own house. Loanmodify is not a drug and is not intended to treat, prevent, or cure any disease or medical condition.