Mortgage Modification - Free Resource Helps Homeowners With HAMP Applications And Paperwork
FreeMortgageFix.com announced the launch of its first-of-its-kind, free mortgage modification software that enables homeowners who are facing foreclosure to directly send modification applications to their lenders for consideration. Mortgage modification programs are under the auspices of the federal Home Affordable Modification Program.
The HAMP Loan Modification program was created to aid homeowners facing possible foreclosure with financial aid to stave off repossession. FreeMortgageFix.com allows homeowners to fill out and send modification applications to lending institutions free of charge. With some eligible applicants, it is possible to negotiate a new mortgage payment for as low as 31% of gross monthly income. Over 930,000 real estate units are in some form of foreclosure in the U.S.
“Paperwork is undeniably the number one reason for the delays with the HAMP Loan Modification Program and unnecessary denials; we believe we provide the answer. By using our free online program, homeowners now have a quick and dependable option for dealing with unaffordable monthly payments and the threat of foreclosure,” says Jonathon Ende, CEO of FreeMortgageFix.com. “As this concern continues to escalate nationwide, we wanted to provide an equally affordable and helpful solution that can help turn families’ lives around in less than 15 minutes.”
FreeMortgageFix.com was created by several mortgage and real estate law professionals with considerable insight into the HAMP plan and overall underwriting knowledge.