Feb
14
Would you seek help for a loan modification?
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I’m thinking about starting a document prep service that assists homeowners in getting their loan modification together to submit. I have seen what those loan mod firms & attorneys charge! What do you think of this type of service offered?
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3 Comments
June 4th, 2009 at 2:08 am
in the past year some companies have gotten away with overcharging people who are already having trouble paying thier mortgage. NOW there is finally some gov’t regulation being rolled out. I work in sales for a mortgage company and we have a mod dept. and they charge but if they dont get it done they give 100% refund to the client.
Don’t know if this quite answered your question but good luck!
June 7th, 2009 at 10:59 am
I wouldn’t use any company that charges an up front fee
And furthermore, I wouldn’t even bother using anyone to fill out forms that I can fill out, and negotiate with my bank since I can do that.
I don’t know why people think they need someone to do this for them. They need to save the $2500 or more fee and use it to pay their darn mortgage!!
I wouldn’t use your service, but I am sure there are plenty of naive people out there who think they need someone else to do their legwork for them.
June 8th, 2009 at 6:03 am
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