Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 2/9/18

Written by Maxwell Swinney | Friday, February 9, 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 a 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 Rushmore, Penny Mac, and BB&T:

Rushmore

Our Rushmore clients were 62 months (5 years) and $120,007.45 past due on their mortgage payments and had been served foreclosure. We got them a three-month in-house trial loan modification plan with a fresh start and opportunity for a permanent loan modification!

Penny Mac

Our Penny Mac client was 10 months and $11,030+ past due on her mortgage, but we helped her get a 3-month FHA-HAMP trial loan modification plan with a partial claim and a lower monthly mortgage payment!

BB&T

Our BB&T ‏clients were 19 months and $22,088.86 past due on their mortgage with a 7.50% interest rate. Now they have a final in-house loan modification with $470.62 cheaper monthly payment and 4.75% interest rate!