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Mortgage Loan Modification News

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Lower Mortgage Payments dot org has created a Loan Modification Forum as the first phase of creating a Free Loan Modification Community where we will be offering free mortgage assistance.
As a way to jump start our forum and attract plenty of new links we will be adding links to different lender forms and additional resources previously only shared with our Loan Modification do it yourself – DIY Kit buyers.

New laws take affect in two stages here in Hot Sunny Florida. As we interpret the Florida Loan Modification Laws effective July 1st, 2009. All loan modification companies will have to get a signed written contract and deliver the services contracted for prior to receiving any compensation or fees for mortgage loan modification services.

We are satisfied with the loan modification regulations here in Florida and believe it will eliminate some of the bad apples in our industry. We are have been in compliance with the laws taking effect. Lower Mortgage Payments dot org offers two loan modification services. The first is our doc preparation service where we produce a fully customized to the client’s situation mortgage loan modification package produced by a real person not a loan modification software application. We also offer our Loss mitigation or Mortgage Loan Modification negotiation services where we will get you the best offer from your lender. Clients can choose to purchase one or both services and will only pay once services are complete. We are also available for a free loan modification consultation that lasts about 15-30 minutes.

More new mortgage loan modification laws will be taking effect January 1, 2010. Stay tuned and get your free loan modification documents from our loan modification forum.