Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 11/16/18

Written by Maxwell Swinney | Friday, November 16, 2018

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some 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 SPS, Home Point Financial, and Selene:

SPS

What an incredible loan mod! 10 months and $11,106 past due on their mortgage, we helped our SPS clients get a 3 month in-house trial loan modification plan with $507.70 cheaper mortgage payment, an amazing 44% monthly savings.

Our SPS clients were 45 months and $42,256 past due on their mortgage, which had been modified in 2012. Their home was scheduled to be sold in a foreclosure sale, but we helped postpone the sale and get them a 12 month repayment plan!

Home Point Financial

Yes! Our Home Point Financial clients were 13 months and $21,755 past due on their mortgage, but we helped them get a 3 month FHA Partial Claim trial loan modification plan!

Selene

Our Selene client was $31,067.99 past due on her mortgage, which had been modified in 2017, but we helped her get a fresh start with a 3 month trial loan modification plan!