Benefits of Loss Mitigation - Loan Modification  Services.
Do you owe to much to sell? We can help you keep your property.

The New Economic Rescue Plan Supports These Programs 
Act now. These programs wil expire on December 31st  2009

* Loan Modification * Debt Renegotiation * Debt Consolidation * Reduce your principal
 * Reduce your interest rate  * Erase back payments  * Stay in your home
  * Save your credit  * Protect your equity * Stop creditor calls  
* Avoid bankruptcy  * Change the terms of a loan even if you are current

Call 1-800-251-0746 to get started or e-mail Kristian@njbusiness.net

Stay in your home with lower affordable payments. We will show you how.

Our home savers team has experience with Loan Modification services; you continue to own and/or stay in your property.

We work with you and your lender in a win/win solution through the loan modification process. The loan modification is a change in the loan contract terms, such as the loan amount or interest rate, agreed to by the lender and the borrower. The common modifications right now are those made to reduce the loan amount to offset the depreciation in the home value and modifications to reduce the payment burden on borrowers faced with impending interest rate increases that will make monthly payments unaffordable. 

Modifications are made when borrowers can no longer meet the financial requirements to make their monthly mortgage payments. Lenders look at loan modifications on a case-by-case basis. The burden of proof is placed on the borrower. 

  The burden of proof is placed on the borrower. This is where our experience helps you.
  Depending on your lender, they will request different items to help modify your loan. 
  It is important that we prove to the lender loan modification is less costly to them then a foreclosure.
  Things lenders typically need:
  Your loan account number.
  A brief explanation of your circumstances.  This is sometimes also referred to as a hardship letter.
  Income documents: pay stubs, 2 most recent months of Bank Statements and/or
  benefit statements i.e. social security, disability, unemployment, retirement, or assistance.
  If you are Self-employed, have your tax returns or a Year-to-date Profit and Loss Statement available for reference. 
  List of household expenses. 

Depending on your lender's requirements and requests, we may need different forms filled out by you throughout the process. 
We endeavor to make this process as seamless and simple for you as possible. 

Loan Modification Programs Helps Avoid Foreclosure

When faced with a difficult circumstance, it's common for people to downplay the situation - hope that things will get better.
 It's easier to avoid a problem than to admit there is one. This is certainly true with people who are facing foreclosure.
Its hard to admit even to yourself that there is trouble. Confronting it head-on with a Loan Modifications saves valuable credit and your property. 

We get you back on track, lower your payments and you stay in your home!

When the mortgage payment is a problem,  we can work with your lender with a loan modification. This saves your property and your credit. Contact us by calling 201-679-5700 or 1-800-251-0746; or e-mail kristian@njbusiness.net lets meet to discuss your options.