Five Steps To Modifying Your Loan
Getting your loan modified is a 5 Step Process. Our experts work efficiently and effectively. The faster the documents are received, the faster the Loan Modification process can be completed.
Step 1: Free Financial Analysis
- We will ask you a series of questions to make sure you can qualify for a loan modification before we begin the process
Step 2: Detailed Consultation
- Detailed Income Analysis
- Detailed Expense Analysis
- Detailed Analysis of Financial Position
- Analysis of pre qualification
- We send you the loan modification application and documents for signature
Step 3: Documentation Preparation and Review
- Request additional documents from client (as needed)
- Review of received client package
- Detailed Review of income documentation
- Detailed Review of Assets and Liabilities
- Detailed Review of Expenses
- Structure package in accordance with Bank requirements
- Analysis and Write-up of Loan Modification proposal
- Fair market value analysis of subject property
Step 4: Submission of Completed File to Lender
- Prepare all signed documents, financials, and all other required documents
- Submit file to client's lender
- Confirm lender has received and is processing file
Step 5: Loan Modification Complete
- Complete all final Processing and Negotiating
- Coordinate Loan Modification Approval with Lender and Client
- Review Loan Modification Approval to confirm accuracy


