A new, revolutionary do it yourself loan modification website was launched today, June 24, 2010. LoanMod-USA.com offers a complete do it yourself bank ready loan modification packet for only $295.00. Homeowners today are still struggling to afford their mortgage payments. LoanMod-USA.com offers help to homeowners at an affordable price. A loan modification can help lower interest rates, lower monthly mortgage payments, even convert an adjustable rate mortgage to a fixed rate. A loan modification may even stop a foreclosure.
Banks report that the number of homeowners receiving restructured mortgages since April 2009 has increased to 2.8 million. This includes more than 1.2 million homeowners who have started HAMP trial modifications and nearly 400,000 who have benefitted from FHA loss mitigation activities. Of those in the HAMP program, 346,000 have entered a permanent modification saving a median of more than $500 per month.
Nearly 350,000 Homeowners Granted Permanent Modifications
• Total number of permanent modifications increases more than 15%, with growth in permanent modifications averaging more than 50,000 per month over the last four months.
• Homeowners in permanent modifications are experiencing a median payment reduction of 36%, more than $500 per month.
• Homeowners in permanent modifications are guaranteed lower payments for five years, then fixed terms at today’s low rates for the life of the loan.
Any homeowner that is delinquent on their mortgage payments or are just struggling to make their monthly payments should visit www.LoanMod-USA.com to learn more about a loan modification. For just $295, you can enter your complete information and instantly download a bank ready loan modification packet to be submitted to your bank! Don’t delay. Visit www.LoanMod-USA.com
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