Loan Modification is a negotiated change in the terms of a mortgage. Our Attorneys will negotiate with your current lender to lower your interest rate, secure a lower your payment, forgive past due balances and late fees, and lower your principal balance. Once we evaluate your present financial situation we work closely with you to formulate the optimal strategic solution for your immediate financial needs. We immediately contact your lender (usually within 24 hours) to let them know that we will be working on a loan solution that will benefit both parties. We then work to put a halt on any collection calls or foreclosure notifications and begin the restructuring process. At this point your lender will be receiving a professional, legal loan modification package from one of our paralegals that works hand in hand with the assigned Attorney and loan auditor to provide the highest quality of property valuation data, area foreclosure information, neighborhood economic trends, as well as your current financial situation to get you the best deal possible. Your to-do list

To get the process rolling, you will be asked for the required supporting documents.

• Hardship Letter - Include dates, reason for delinquency, what you have done to attempt to workout problem in the past; also include any supporting documents for hardship. While our Intake Managers will be happy to provide guidance if needed, the letter must be in your own words.
• Bank Statements - Last two (2) months.
• Proof of Wages and Salary - Employed - Pay stubs for last two (2) months; Self-employed - 1040s for the last two (2) years.
• Federal Tax Returns - All schedules and (W2s) from the last two (2) years.
• Rental Agreement - If the loan modification is not for your primary residence or if you own additional properties.