Whether you are experiencing a financial setback due to an increase in expenses or a reduction in income, you are not alone.  The struggling economy is taking a toll on everyone. WeFixMortgages.com is here to be your advocate and to negotiate with your lender for loan terms that are better suited to your financial needs. This can mean a change in the terms of the loan, the interest rate, the principal amount, or even a change in the late fees you have been assessed.

The most important thing to us and your bank is that you are able to stay in your home with a payment that you can afford. The key however, to a modified, more affordable loan or to avoiding foreclosure is YOU! Successful modifications can be achieved through open communication with our staff whereby you make yourself accessible and submit all the necessary paperwork in a timely manner.  Our processors are keen on keeping the process as simple as possible so that you do not have to submit unnecessary data that will likely confuse the bank.  Following our guidelines will help you secure more affordable loan terms and cure your mortgage default without foreclosure.

Do You Qualify?

The following is some criteria that will help you qualify:

12-month rule:

12 months must have passed from the loan origination date.

Owner-occupied only:

Loan modification is for homeowners, not investors.

You cannot have another FHA-insured mortgage:

Again, loan modification is intended to provide you with a place to live, not to bail out real estate investors.

Experiencing hardship:

You need to be experiencing an increase in expenses, a decrease of income, or any type of hardship that is causing you financial strain.

Evidence that you can afford the new lower monthly payments:

Sufficient income is necessary to cover a lower, but reasonable monthly payment. If you’ve been laid off indefinitely and have no source of income, you’re probably not going to qualify.

Even if you do not qualify for the Making Homes Affordable program, we have a variety solutions and tools we can implement for you.  Do not assume you cannot improve your situation.  Regardless of the direction we take Our experts will guide you in gathering the necessary information to submit to the bank for optimal results in a timely fashion.

Don’t let the banks and other creditors decide whether you can keep your home-- CONTACT US today for a FREE CONSULTATION so we can help you take back control of your life.