Foreclosure Prevention & Loan Modification Resources

Foreclosure Prevention & Loan Modification Resources PLEASE READ THE POSTING RULES!! It's a forum to share information and resources for Foreclosure Prevention and Loan Modification Help.

POSTING RULES

This Page was created for distressed homeowners at risk of losing their homes to foreclosure and needing assistance with a Loan Modification with their lender. It is necessary to establish a few rules for the group. Please observe these simple rules so that everyone's privacy is respected and no one's time is wasted:

- IF YOU ARE HERE TO PROMOTE YOURSELF, YOUR SERVICES, ANOTHER BU

SINESS, OTHER GROUPS OR WEBSITES, YOU DON'T BELONG HERE!

- No posts for increasing your own personal network, other groups or sites. This page is not the place, Any posting of personal emails, website addresses, group invites or sites WILL BE REMOVED IMMEDIATELY and members with continued abuse will be REMOVED.

- Scams will not be tolerated. If you spot a scam - report it to the group administrator. That person will be removed from the group. The group members are in the best position to help police this and keep the group free of these time wasters.

- Keep your posts on point of providing Foreclosure Prevention & Loan Modification questions and information or resources.

**When you have a success story through a connection made on this page - please share it so that we can celebrate your success with you! If you need assistance or have any comments, please do not hesitate to contact the page administrator ([email protected])

**The owner and administrator of this Page has previously worked as the executive director of a HUD approved housing counseling agency responsible for helping over 250 homeowners prevent foreclosure and preserve over $85 Million in assets.

12/19/2011

Step THREE: What to include in a Hardship Letter:
(a) Loan Number
(b) Self Introduction (Name, Address, Contact Number)
(c) Household introduction
(d) When did you purchase the property
(e) WHEN (Month/Yr) was the last time you refinanced and WHY;
(f) When & How did your hardship begin?
(g) Did you make plans to address the hardship?
(h) When did you miss your first mortgage payment?
(i) How long do you expect your hardship to last?
(j) Do you wish to KEEP you home or DISPOSE of it?
(k) If you wish to KEEP your home, do you have a plan?
(l) Are you expecting an increase in income? Or when do you expect to resume regular monthly payment;
(m) What monthly payment are you able to make with current income or situation?
(n) What assistance would you like the bank to provide for you?
(o) Your signature and date

06/27/2011

FC Prevention Step TWO: Start gathering documents: (1) Copies of most tax returns (two years); (2) Copies of most recent pay stubs (three months); (3) Copies of most recent mortgage statements (three months); (4) Copies of most recent bank statements (four months); (5) Any letters or documents received from mortgage company; (6) Prepare a hardship letter;

06/27/2011

First Step to foreclosure prevention is to perform a self assessment reality check; Answer these questions: (1) Do I have a BUDGET that I work out of? (2) Did my spending habit contribute to my current situation? (3) Is my hardship short term or long term in nature? (4) What do I want to achieve in working with my lender? (5) What sacrifices am I willing to make in order to make this work?

06/07/2011

Requiring Advance Fee for Home Loan Modification services are PROHIBITED in the State of California

06/07/2011

www.kccd.org is a HUD approved agency with successful track record. Over 250 home saved from Foreclosure preserving over $85 million assets saved to date! I know they can help

KCCD is a non-profit faith-based organization, which serves as a bridge between the Asian American community and the greater community at large in connecting and creating private and public collaborations. Our mission is to maximize the capacity of Asian American faith-based organizations and other

06/06/2011

If you are a homeowner at risk of foreclosure you need reliable information from trusted sources and resources that can bring you results timely so that you can weigh all your options and make intelligent decisions. BEWARE OF SCAMS! SEEK THE HELP OF A HUD APPROVED HOUSING COUNSELING AGENCY!

Address

Los Angeles, CA

Telephone

+12132167053

Website

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