Successful Loan Modification Roundup Week Of 2/24/17

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 US Bank, Wells Fargo and Shellpoint:

US Bank

$40,831.62 past due with US Bank, our client is approved for a trial loan modification with $514.06 lower monthly payment! Their payment was reduced from $2,215.72 to $1,701.66!

Wells Fargo

• Our Wells Fargo client was $24,171 and 17 months past due, but now has a fresh start with a final FHA-HAMP loan modification with $20,348 partial claim and low 3.625% fixed interest rate for 30 years!
  
  
• This Wells Fargo client was $21,533 past due on his mortgage, but now has a three month trial loan modification and an opportunity for a fresh start.
  

Shellpoint

Our Shellpoint client was 5 years past due on his $2,612.29/month mortgage payment with and outrageously high10.55% interest rate, but now he has a trial loan modification with $676.22 cheaper payment and opportunity for a permanent solution! We expect the final modification to come in with a much more reasonable interest rate!