Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.
Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Selene and Ditech:
Our Ditech clients were 53 months and $80,522.01 past due on their mortgage with foreclosure started on their home, now they have a permanent in-house loan modification with 3.75% lower interest rate (from 7.75% to 4.0%) and $329.04 lower monthly payment!
Our Selene clients were more than 4 years past due, and there's currently a foreclosure sale scheduled for mid-January. As this wasn't the first time they'd fallen behind, their investor has offered an unusual 12-month "trial" modification with a $246,111 deferment. If they make all 12 payments, the modification will become permanent.