Many homeowners facing mortgage difficulty are seeking loan modification help. Unfortunately, though, getting a Loan Modification Disputing is a frustrating, time consuming and mind-numbing process. Lenders are notorious for stalling the process, "losing" documentation, not communicating between departments and poor customer service, especially working with homeowners. Many homeowners wait weeks or even months only to find out they don't qualify and won't get their loan modification after all.
No up-front fee until you find out if you qualify
Loan mod qualification criteria are published and widely available. A reputable company will check your financial data see if you'll qualify before accepting a fee. If you don't have income, or very little income, it's likely you won't qualify. Any reputable company knows this. If you find a company that requires you to pay a fee before you know whether you qualify they could be taking you for a ride.
100% Money-back Guarantee|Loan Modification Disputing
Make sure you only work with companies that offer a 100% Money-back Guarantee. Some companies work on a "best-efforts" basis. This means that "we'll try, but we don't know if we'll be successful". What happens when they call you in six months and say they've given up trying to work with your lender? You're out the money you spent and the time it took working with them. Make sure you only work with a company that guarantees they'll be successful or you'll get a full refund of your loan modification fee.
Real-time access to your file
How do you know the loan mod company is really working on your behalf? Are you forced to rely on their word for activity updates? What happens when you haven't heard from them for six weeks and they just tell you "we're working on it"? If you need loan modification help look for a company that offers direct access to an online client database so you can view the notes in real-time. Only then can you be sure the company is really doing the work they say they are.
Pay with a credit card
Many companies require payment via check or money order. This is because they don't want to allow you to retrieve your fee if you have a dispute. If you pay via credit card, you can bring your credit card company in on your behalf if you have a dispute. They'll investigate and make a decision based on their findings. Only reputable companies that are confident of their ability to perform will allow this.
Here is one company that gives clients all four of these key features. As with all decisions of this importance, make sure you do a thorough investigation of loan modification companies you consider for your Loan Modification Disputing help.