With many homeowner lacking the funds to attain a full loan modification service the demand for a lesser cost alternative has increased within the past year and a half.
Assist your homeowner in doing their loan modification and make use of our latest do it yourself doc prep package; a do it yourself loan modification package kit that you can provide your clients. Along with our loan modification software comes a free 58 page a do it yourself package that assist your clients in processing their own loan modification. In case you have homeowners that are not willing to pay the fees for full loan modification process they may be interested at the DO IT YOURSELF LOAN MODIFICATION SOFTWARE PACKAGE. Expand your services with Casi Mod self home owner self help kit.
Click here to view self help instructions (PDF)
Self Help Assistance Loan Modification Package
Loan Modification Doc Preparation. BE SURE TO CHECK YOUR STATE LAWS REGARDING RULES AND GUIDELINES UPON REPRESENTING A HOME OWNER FOR A LOAN MODIFICATION
Designed to also provide instructions to
home-owners—”instruct, don’t negotiate
It is no secret that offering mortgage loan
modification services to home-owners has become
challenging. Maneuvering through all the loan
modification state laws prohibitions stops any
honest
modification firm
in their tracks.
But, home-owners still need assistance. Working with their lenders, they soon realize that they are at a significant disadvantage because they do not know their rights, they don’t know what they should qualify for, or in many cases simply provide the wrong information to their lenders. With timeframes of up to 6 months to await the results a modified payment, home-owners need to know how to properly prepare a package as well as how to prepare themselves before approaching their lender for assistance.
Casi Mod is designed for you to assist home-owners in preparing for a mortgage modification with their lender. Your experience is a valuable commodity to home-owners. You can perform modification services if you instruct the home-owner instead of negotiate on behalf of the home-owner. As an example:
Phase 1: Interview home-owner, show options, provide completed loan modification request package and provide instructions on how to deal with their lender
Phase 2: If the home-owner is not able to prepare their modification package, including how to properly calculate income and expenses, provide loan modification underwriting services
Phase 3: If the home-owner wants to retain your experience to assist them with negotiating a mortgage modification with their lender and/or does not have the time to constantly call their lender for 6 months regarding their mortgage modification request, provide them with a ‘secretarial service’. You will contact their lender and provide updates to the home-owner. You do not negotiate at any point, you provide updates and if needed may want to coach the home-owner regarding how to respond to their lender by means of a three-way conversation.
Phase 3 can also lead to full
loan modification
negotiation
services. However, then you should be prepared to
most like place the funds due for this service in a
trust account until such time as the modification
service has been resolved.
