It is no secret that in the loan modification industry that processing is the most tedious part. In other words it is very imperative that all files are organized, customers are well aware of the case status and well underwritten to attain a successful loan modification in a timely manner.
HAMP Loan Modification (Making Home Affordable Program)
Being able to store documents into the program is huge advantage in saving time. Simply by clicking on the document icon you are able to view and track all conditions that have been stored and view outstanding conditions that are still missing. In many cases lenders will continue to ask for stipulations claiming that
In House Loan Modification Lender Programs
Lenders typically have other alternative loan modification programs. They have the ability to either do a HAMP loan modification or an in house loan modification. In most non government or HAMP loans the analyzer will give you the option to target a front end DTI; which lenders typically set at 31% - 38%. Simply set your proffered tolerance front end DTI level and all available loan modification options will be automatically posted for you.
The Loan Modification Solution
Increase productivity with Casi Mod, a true solution that is designed to streamline the complete loan modification process. A software that is simple to use and effective.
