Shopping for a modification firm…

Seems as though the “mortgage relief” industry is the newest hottest thing going. Yesterday’s rate shopper is now becoming today’s mod shopper. Yesterdays mortgage broker is today’s “modification specialist”. If you are in the market for some help with your mortgage on any level I think it is only fair to advise of what to look for…

1. Are they attorney-based? Ask to speak to the attorney. It is ILLEGAL in the state of Florida to collect money for mortgage relief without being an attorney. Our attorney has over 25 years experience and is A rated by Martindale-Hubbell
2. Do they handle their own processing? Firms that process files in other states may subject you to risks you don’t need to take. Our processing is all done on-site and in-house.
3. Do they provide document audit services? This can be very helpful if not mandatory in getting things accomplished with the lender. We have a full-time audit and investigation team that doesn’t rely on software but rather does a manual audit to find EVERY violation committed in the origination of the current home loan.
4. Do they have proof of their accomplishments or perhaps even references they are willing to provide? We don’t hide results. We are more than willing to show what we have accomplished for our clients.
5. Do they make “promises” or “guarantees”? Generally speaking promises made in this industry are a sales tactic simply because a final outcome cant be guaranteed. Whoever you work with isn’t the decision maker therefore any promises made are simply designed to give a false sense of security.
6. Do they seem more interested in the fees associated with helping you rather than educating you on how they can help? We wont collect a dime until we have met with you and had a one on one consultation to review your specific situation.
7. Do they sound too good to be true? This old saying couldn’t be more true than in this situation.
8. Do they bill you monthly for service? If so what is the incentive to complete the task? This seems like a lose/win versus a win/win to me. Guess who loses…

The bottom line is you MUST trust your gut. Don’t choose somebody just because they charge less or have a flimsy guarantee. A good modification firm is worth their weight in gold while a bad one is a waste of valuable time, money, and emotional comfortability. Call us anytime to discuss any of these issues.