So Exactly How Does Loss Mediation - Loan Repair Process Work ?
Our team of professionals negotiate with your lender or lender's to work out a lower interest rate for your loan. In addition, we will also negotiate for;
- Reducing loan(s) principLE balance(s) owing
- Reducing or even eliminating principLE balances on 2nds and Home Equity Lines of Credit (H E L O C's)
- Re-structuring the time allowed for repayment of, or reducing, or possibly eliminating any late or delinquency fees the homeowner / borrower may have accrued if they have had late payments
- Re-structuring time for repayment of, or reducing, or possibly waving or forgiving payback of some portion of, or possibly all of any outstanding late payments
By bringing down the percentage of your interest rate(s), as well as the other possibilities shown above, we can lever your lender to lower your monthly payments substantially. These initiatives are all designed to have a substantial positive affect on your loan(s), your monthly budget, and significantly improve your whole financial situation.
