Costa Mesa, CA (PRWEB) March 11, 2009
America 1st Assistance Services, http://www.79loanmodification.com, a group of profitable mortgage and banking experts, has launched a low-expense Loan Modification Kit to assist home owners modify their existing property mortgages straight with the bank, avoiding the high price of using a modification firm, typically acquiring more rapidly and better results. Amit Oberoi, President and CEO of America 1st Help Solutions, says dealing straight with your bank in negotiating a loan modification has fantastic advantages but there are nonetheless pitfalls that property owners want to be conscious of.

“Prior to you get in touch with your lender or bank, you need to be prepared and have your ducks in a row. One particular incorrect statement or incomplete package can price you useful time or mean you will not get the most favorable terms, or even disqualify you from a life changing loan modification,” says Oberoi.

H. Eugene Fouchia, Vice President at America 1st Support Solutions, says whether or not a homeowner bargains straight with their bank or hires a trustworthy lawyer or loan modification firm, the 1 issue for certain is that the homeowner needs to find out all they can about the loan modification approach and get ready prior to they commence. 1 of the simplest and best techniques to get fully educated and prepared for the modification is to get this kit and do it. It consists of all the types, tools and step by step procedures the attorney’s and loan modification firms use and far more. He adds, the program also involves revised decrease financing possibilities for a lot of other property owners who have sacrificed to remain existing on their mortgages.

Prior to you make contact with your lender or bank, you require to be ready and have your ducks in a row. 1 wrong statement or incomplete package can price you useful time or imply you will not get the most favorable terms, or even disqualify you from a life changing loan modification

“Home owners should act now. Bank loan modification policies are changing daily”

Contrary to some professional guidance, do not jump up and speak to your lender correct away to see what loan modification terms you qualify for. You want to be ready very first with what loan modification you can afford and what loan modification terms are acceptable to you

“This is excellent news nonetheless, homeowners want to be cautious not to listen to every single piece of tips out there. Property owners should not just call their lender appropriate away to apply for a loan modification,” says Oberoi. Another alternative a lot of struggling homeowners choose, says Oberoi, is to employ an lawyer or loan modification company to do the paperwork and deal with the bank for them. But, says Oberoi, there are some hefty charges associated with this service in the variety of $ 2000-$ 4000.

What each Oberoi and Fouchia suggest is, just before home owners devote $ 2000, $ 3000 or $ 4000 for a higher priced attorney or modification firm, or worse, contact the bank unprepared and risk getting disqualified for a a single-shot, life changing loan modification, they should get an inexpensive Loan Modification Preparation Kit, accessible at America 1st Support Solutions, http://www.79loanmodification.com.

About America 1st Support Solutions
American 1st Support Services Inc. is a group of effective mortgage and banking specialists with over 50 years combined knowledge in the mortgage and banking professions. Following observing current predatory modification practices, America 1st Support Services decided to fight back on behalf of struggling home owners by giving them all the tools in 1 cost-effective kit so they can do a full loan modification on their personal, without having possessing to spend thousands of dollars. For info, call 800-762-1867 or pay a visit to http://www.79loanmod.com

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