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Mortgage Modification Assistance

California mortgage modification
help comes in many ways.  If you are considering a loan modification for your residence or residences in California you want to make sure you get the right help.  The first step is making sure you help yourself.   How do you help yourself?  Do your homework.  Take the time to research any company you are considering helping you get a California mortgage modification.  Make sure they are reputable and can provide you with the assistance you need.   The steps to helping yourself are easy but important.  The first thing you want to do is find out if the business you are considering hiring is registered with the Better Business Bureau.  Find out if there are any complaints against them and if there are you want to know how many, how recently and what the complaints are.   Additionally, if the company is owned or operated by attorneys you want to confirm that they are licensed in the State of California.  Check with the Bar Association to determine if there are any problems with the attorney or law office.  The few minutes it takes you to research this online is invaluable.   When you find a company you are interested in you will want to call them and ask them questions.  Find out how experienced they are with California mortgage modifications. Ask them if they can provide you with help in determining whether or not a mortgage modification is the right decision for you.   As a homeowner you want to make sure you make the right decision.  To do that you want to do a little homework and ask the company you are using to help you as many questions as you have.  Ask questions specific to mortgage modifications as well as their business in general, etc.   Many homeowners in California need help getting a mortgage modification but help always starts with the homeowner taking the time to do their homework and choose the right company for their California mortgage modification.
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Loan Modification Problems

Question: How do you qualify for a loan modification?

I'm trying to apply for a Loan Modification and I asked my lender that question and they wouldn't tell me. I don't want to waste my time preparing for it when I won't be able to lower my interest rate = overall monthly payment.

I'm current on ALL of my bills and have a median credit score of 704. Every month, after all the bills I still have a little more than $800 left to spend. The only problem is, I've been with holding my tax and spent it on paying bills and other stuff that I won't have enough to pay the IRS in April of 2010 for the tax year of 2009. So that's my worry and that's why i want to lower my monthly payment so that I can save up enough to pay the IRS.

Please advise. Thanks!

Answer: Paying your income taxes is NOT grounds for a mortgage loan modification. You need to better manage the "other stuff" you're spending on.

Common Loan Modification Problems

Loan Modification Help Center

Question: Do you know anything about Feldman Law Center?

Do you know anything about Feldman Law Center?
People have been complaining about paying for services at Feldman Law Center, but the services and promises were never delivered.

What do you know about this loan modification company? What do you know about the attorney who owns this center, Steven Craig Feldman? Have you had any experience with this company?
If you have had experince with Feldman Law Center, on a scale of one to ten, one being the worst, how would you rate the service?

Answer: run like the wind

Feldman Law Center- Loan Modification Help