Loan Modification news / updates

Loan modification news and lender hints

Web Based Loan Modification

The only loan modification software that will allow you to easily create your workflow.

Desktop Loan Modification Software

Simple and powerful desktop modification software. 

Why clients choose us!


Ideas come from experience

 

For nearly 2 years we have been providing realtors, attorneys, processing centers, mortgage bankers, etc., the most effective loan modification software available.  Our clients and experience have given us the growth of  knowledge to produce the best loan modification software available. 

 

Simply collect the client's information, design the modification terms and send out the loan modification package ready for signature. ( Click here to view  our sample loan modification submission package. )

 

Customizable to fit your workflow, our loan modification software is the best solution to fit all your loan modification company's needs.

 

 

WWW.LOANMODIFICATIONSOFTWARES.COM

 

We are a software provider for the two leading loan modification software companies.  We provide a web based and a desktop loan modification software solution to ensure that we meet or exceed your company needs. 

 

 

Why choose a web based software?

 

Unlike most loan modification software available in the market. Our software truly populate all forms required to submit your loan modification package to the lender. All lender financial forms will be automatically be completed ready for the clients signatures.  Hence, we make sure that all information populated in the forms are completely aligned and that all financial worksheet calculations are correct.  Click here to view

 

Store / scan all documents into the system and access them anytime and anywhere. Our web based loan modification software is turn key solutions and can be accessed anywhere as long as you have an internet connection.  Why hassle with networking your computers and making sure that you are always connected to the database?  Keep in mind that in order for your computer to link to one another it may be necessary to have a server depending on the size of your company.  Furthermore, with cost of a server and an IT person to network your computers, the cost for a non web based solution can be a lot higher.  Our web based software will eliminate all the hassle of  networking and cost of purchasing other equipment. 

 

Why choose a desktop solution?

 

Our desktop loan modification software is the most automated solution available in the market. The built in analyzer automatically calculates all your financial and will design the loan modification proposal automatically with just a click.  All forms such as lender specific forms, proposals, third party authorizations, lender proposals, etc, are all automatically populated and can be sent directly to the client and lender with a click of a mouse. 

 

Our desktop loan modification software is simple to install in any computer.  The program can be installed to a single computer or on a server for network sharing purpose.  It is possible to access the program from a remote location by logging remotely to a server or using programs such as Log Me In or Go To My Pc.  Our suggestion is before making a purchase be sure to ask view a live demonstration to make sure that you are getting the best solutions for your needs.

 

Intelligent Software

 

Computers have evolved rivaling human intelligence. Yet, software never kept up with these capabilities. We strive to produce software that will take over some of the daily mundane administrative transactions. We developed software that is not only easy to use but also actually performs functions intelligently. Simple things, like why open a calculator to perform payment calculations? Why not have software that automatically provides you with a range of payments you can review? Or based on your keystrokes and mouse-clicks enter the appropriate notes automatically.

 

We are intensely focused on ensuring that you provide your customers answers they need and retain their rights to remain a home-owner. Out network of clients allows us to always know about Lender changes, concerns and especially know information about Lenders that are not really interested in offering modifications. Many Lenders are more interested in liquidating their portfolio and will offer nothing more than hazy answers without any understandable explanation for declining to help the home-owner with a modification. Click on our the appropriate lender page to see more information and check back often for updates. 

 

Software needs a purpose

 

The bottom-line is that software is useful and valuable if it improves your daily workflow and it is a waste of money if it doesn't. Its function is to free up time so you focus your time where it really counts. Our focus is always stretching our software to fulfill that purpose. 

 

Based on user input, receive information you can use to engage your client. Quickly interact and professionally advise with instant calculations that are valuable.

 

Software should reduce overhead

 

Let's face it, if you need to hire additional staff to keep up your workflow even with using software you are using software that is not reducing your overhead. Our daily exercise is to continue to focus on creating software that reduces overhead expenses while you grow.

 

Simple to use  mortgage loan modification software

 

It is always important to have the lowest learning curve when introduced to a new software. You will spend a little time setting up your company information, but after that is completed, interacting with our software is simple.

Send lender hardship packages and financial worksheets to your clients


Loan Modification Software Features:

 

Send lender hardship packages and financial worksheets to your clients


Send completed loan modification package to your clients that only require a signature and a date. Our loan modification software provides lender specific documents, financial worksheets and authorizations that you can send to your client by mail, email or facsimile. With a mouse-click you can prepare an entire modification application package. Let the software do the job for you.

 

Lead management loan modification software

 

Keep track of your loan modification pipeline. You can assign and re-assign case files with a simple mouse clicks. Whether your are sales, processing, attorney or a manager, the software we offer provides you with the details you want to see and know about. 

 

Perform services within minutes! More importantly, apply due diligence by knowing you can represent the home-owner in successfully obtaining a mortgage loan modification.
 

Loan Modification News / Hints

 

H.R. 4173 BANKRUPTCY MORTGAGE MODIFICATION AMENDMENT

Representative Conyers, a Democrat from Michigan. The bill would allow Bankruptcy Judges to modify first mortgages on consumer’s primary residences in chapter 13 bankruptcy plans.

FHA Loan Modification HAMP

FHA is now allowing its loans to be modified under the Home Affordable Modification Program with slight variations. The qualifiers are the same, however the Borrower must be delinquent at least 30 days for consideration.

Making Home Affordable Loan Modification

Government sponsored program designed to help those home-owners with reducing their mortgage payments
In order to qualify for this program, you must currently have a Fannie Mae or Freddie Mac mortgage. The Lender must also agree to participate in this program. The program is not mandatory and therefore Lenders can choose whether or not to participate.