Debt Negotiation Zone » loan modification process http://debtnegotiationzone.com Debt Negotiation Fri, 19 Aug 2011 22:59:35 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Who Do I Call If I Need A Loan Modification? http://debtnegotiationzone.com/who-do-i-call-if-i-need-a-loan-modification/ http://debtnegotiationzone.com/who-do-i-call-if-i-need-a-loan-modification/#comments Sat, 20 Dec 2008 18:42:11 +0000 admin http://debtnegotiationzone.com/?p=468 Who do you call if you are behind on your mortgage and need to modify your existing mortgage?  If you are behind on your mortgage and are facing foreclosure you should call your existing mortgage company at once.  Look for the number on your most recent statement.  Here is a list of the larger banks and the phone numbers of their loan modification departments.

GMAC Mortgage 800-799-9750

Wells Fargo  800-678-7986

Citigroup, Citibank and Wachovia  866-272-4749

JP Morgan Chase, Chase, Wamu, Washington Mutual  866-550-5705

Countrywide  800-669-0102

M&I  877-473-4333 or 877-849-6160

If you are behind or know that you are going to get behind on your mortgage, don’t wait until it is too late.  The sooner you start the more likely you will end up with a favorable result.  Save your home from foreclosure and make the call today.  You home is worth saving and loan modifications do work.  You do not need to pay someone to do a loan modification, you can do it yourself.  Use this information to save your home.

]]> http://debtnegotiationzone.com/who-do-i-call-if-i-need-a-loan-modification/feed/ 2 Will My Mortgage Company Modify My Loan Even If I Am Not Late On My Mortgage Payment? http://debtnegotiationzone.com/will-my-mortgage-company-modify-my-loan-even-if-i-am-not-late-on-my-mortgage-payment/ http://debtnegotiationzone.com/will-my-mortgage-company-modify-my-loan-even-if-i-am-not-late-on-my-mortgage-payment/#comments Mon, 15 Dec 2008 23:32:55 +0000 admin http://debtnegotiationzone.com/?p=464 Will My Mortgage Company Modify My Loan Even If I Am Not Late On My Mortgage Payments?  Most mortgage companies and banks will not want to speak with you until you are behind on your mortgage payments.  I know a person that is going late on their mortgage on purpose just because they will not talk to him.  I do not advise just stopping payment to your mortgage company.  In the instance I was speaking about earlier is in regards to a gentleman who has a $6000 a month mortgage payment that they can see that they will not be able to make in the future due to a job loss.  He can see the future coming straight at them.

Contact Your Bank Before You Are Late On Your Mortgage

It is wise to contact your bank before you are late on your mortgage payment.  Some banks and lenders do have policies that allow for a loan modification to be completed even before a late payment has occurred.  If you are in an arm or have an option arm you may be eligible for an automatic loan modification.  You would just need to contact your lender about this.  I would not make any assumptions about loan modification until you have all of the information.

]]> http://debtnegotiationzone.com/will-my-mortgage-company-modify-my-loan-even-if-i-am-not-late-on-my-mortgage-payment/feed/ 0