We are absolutely committed to a high level of communication throughout the loan modification process. You can contact us by phone, email, and live chat. We also provide clients with online tools to monitor their case's progress at any time.
Our goal is to help homeowners who are experiencing difficult times save their homes and preserve the American dream.
Having practiced all aspects of real estate law for nearly 30 years, the John W. Persse Law Group takes great pride in our sterling reputation.
We will represent each and every client with integrity, honesty and complete transparency in exploring the best solution for you and your family.
There is no doubt that the current economy has adversely affected many families and many homeowners nationwide have lost their homes. In response to the massive foreclosure rate the United States Department of the Treasury and the Obama Administration created the Home Affordable Modification Program – HAMP. This program now gives homeowners in crisis a way to avoid foreclosure and keep their home.
We cannot answer this question until we review your case with you, but there are two things you can do:
The team at The John W. Persse Law Group are focused on helping homeowners save their home. Our staff is comprised of mortgage and real estate professionals that have extensive experience with mortgage refinancing, mortgage lenders, loan modification and the foreclosure process.
Our Loan Modification blog offers many informational articles on foreclosure.
Across America, loan modifications are helping thousands of people save their homes. If you are currently at risk for losing your home to foreclosure, now is the time to consider modifying your home loan with a loan modification attorney. When you modify your mortgage with The John W. Persse Law Group, you can save thousands of dollars every year. However, there are stronger reasons why using a loan modification attorney is a valuable decision.
Peace of Mind
Our number one goal is to give you the peace of mind you need to move forward. Yes, modifying your mortgage can save you thousands of dollars. However, what many homeowners have told us is that the money they saved is almost secondary to the feeling of relief they have gained from not having to worry about the 1200 pound financial gorilla on their chest. By picking up the phone or completing the Preliminary HAMP Application, homeowners have given themselves the best chance to move on and start regaining control of their financial life.
Once your lender approves your loan modification, you will not have unpredictably large payments to worry about anymore. You will have a permanent solution to your mortgage payment situation. After modifying your home loan, you will have new payments, your promissory note will be changed, and your account will be current once the terms and conditions of the loan modification are finalized. After that, you will be free. No more dinnertime phone calls. No more harassing letters.
Unfortunately, when it comes to modifying your mortgage by yourself, the lenders maintain full control over the process. Likewise, you will find many people complaining about customer service and are forced to deal with off-shore customer service representatives who are ill-equipped to answer your questions directly. Many lenders might also make proving you cannot pay your current mortgage difficult. We have even had people tell us that their lender constantly requested the same documentation over and over. These same lenders also asked the same questions repeatedly due to the lack of adequate note taking. And yes, many times, lenders will lose your paperwork. This has led to many people finding the difficulties and hurdles too much to bear and they give up. Many choose to hire a loan modification attorney and end up having great success.
Let Us Shoulder the Burden
People who hire a loan modification attorney can end up changing their lives for the better. They can stay in their home, improve their credit and their overall financial future. Hiring a knowledgeable law firm to negotiate and stay on top of the bank for you as the modification process unfolds is a proven decision that saves energy, time, and money.
Given the stakes and the resources involved, it makes perfect sense to hire a loan modification attorney. Save your home today. Contact The John W. Persse Law Group to get the loan modification process started.
Learn more about our loan modification legal services.
Informational articles on HAMP
If you intend to stay in your home and are currently having difficulty paying your mortgage, you may qualify for a home mortgage modification. Here are some signs that you need help with your mortgage and should contact The John W. Persse Law Group:
Gather the following documents:
What assurances do you have that the loan modification service of The John W. Persse Law Group will get results?
As a Law Group that handles loan modifications, we offer a 100% money back guarantee. If, after every attempt is exhausted, we are unable to obtain a modification of your home loan, we will refund all fees, no questions asked.
Why offer a loan modification guarantee?
With experience in the mortgage industry, we are able to speak to lenders in their language. This can lead to many successful loan modifications with great terms that work for the homeowner, not against them.
We will review the details you provide to us, and will inform you upfront in clear and straightforward terms, what your options are. If it’s determined that a mortgage modification is not right for you, we will let you know and why you may be ineligible under current guidelines.
You will not get charged one penny if we can’t help you with modifying your home mortgage. When you receive mortgage help through an experienced loan modification attorney you will have a whole team on your side that will work hard to get you the best money-saving solution to save your home.
Are you ready to get started? Call us or complete the Preliminary HAMP Application package right away.
The John W. Persse Law Group has been working with lenders, banks and borrowers for far longer than the federal government.
An attorney might be your best option to get the best loan modification possible. Our knowledge and understanding of the HAMP Program, as well as the experience with the real estate and banking industries, will give you the comfort and best chance of saving your home.
The thought of loan modification didn’t exist years ago. If you were unable to pay your mortgage you would be forced from your home and would have to deal with the consequences of a foreclosure on your credit score for seven years. Yet, due to the systemic collapse of the United States real estate market, the standard practice of foreclosure only compounds the problem and makes home values plummet even further. When you add in the fact that millions of hard-working people who had perfect credit and were paying their mortgage on time and then lost their jobs, many people chose to abandon their homes instead of going through the uncertain foreclosure process. Moreover, the banks end up paying real estate taxes and hazard insurance until the home is sold. They also end up settling for between 50-70% of what was owed after they sell the property in foreclosure.
It costs banks and lenders a lot of money to foreclose on a home. So, it saves them money when they don’t have to pay fees, or carry the cost of maintaining an abandoned home. In addition, they are not equipped to deal with the glut of defaulted mortgages on their books. In the eyes of a lender, a mortgage modification is a win/win scenario. They give the homeowner predictable and manageable payments and they get to forecast their books properly. This is a great advantage over having to deal with the millions of loans that used to have adjustable rates, 100% financing, and interest only terms.
Now the US Government has stepped in to decrease the number of foreclosures. By establishing Making Home Affordable and the HAMP Program, the government is encouraging banks to close as many modifications as possible. With legislation directing lenders to use every method possible to help homeowners avoid foreclosure.
Even with these factors in place, you would think that banks would be approving a lot more modifications. However, they are being extremely particular about who they accept. The loan modification process is also very time-consuming thanks to the many phone calls, faxes, and negotiation tactics required to achieve the best possible results.
Due to the high volatility in the credit markets, mortgage refinancing may not be an option. Unless you have a very high credit score and a lot of equity in your home, refinancing is most likely not an option. Moreover, refinancing is a very expensive transaction due to high fees.
