IMPORTANT UPDATE
Why Loan Modification?
Frequently Asked Questions

Why Loan Modification?

 

Bank of America has modified only 4% of their most delinquent files (July 2009)

~Alexandra Andrews                    
August, 2009

 

A loan modification restructures the current terms of your mortgage to make your payments more affordable and within your budget. BUT LENDERS DO NOT MAKE THIS EASY ON YOU. In fact  homeowners often fail to reach a reasonable settlement with their lenders. Most borrowers are able to reach some type of forbearance agreement or negotiate a payment plan but are rarely successful in negotiating a long term loan modification. That's where The Corporate Office of JK Financial can help.

Before taking that first step to modify your loan, why not consult an experienced loan modification specialist who will review your case in detail and help you make a negotiation outline and game plan. Your Corporate team begins by checking your case for legal flaws that can be used as leverage for negotiations with your lender. In particular, the corporation can use violations of the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) that occurred during the origination of your loan to your advantage.

The Corporation can help terminate foreclosure proceedings and help you reach a loan modification that is mutually beneficially for you and your lender. When you come to us, we will inform you of your rights and options, and the firm will work hard to stop the foreclosure for your property.

JK Financial employs a highly experienced and sophisticated team of Corporate staff and case managers. The corporation handles numerous foreclosure prevention and loan modification cases. You can trust us to negotiate aggressively on your behalf and to work hard to obtain results for you.

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