Tustin, CA (PressExposure) June 17, 2009 -- After months of preparation and patent approvals, Colleagues In Lending has launched, 'The Affordable Loan Modification.' If you've looked into the Loan Modification process, you already know that most Loan Modification services or attorneys typically charge $3,000 or more to help with the loan modification process.
Homeowner's need an Expert in their corner and Colleagues In Lending is certainly bringing what Economists can only speculate to be the answer for distressed borrower's and homeowner's unable to refinance, due to market conditions. The most important part of the modification process is preparing a package and engineering it per the mortgage lenders guidelines. Many people try to modify on their own but are declined because they did not fit their lender guidelines.
Since non-profit organizations have a tsunami of applications, they can only hope to get a file submitted after sitting for 9 months. Colleagues In Lending is now working with 2 non-profit organizations, and by July will have majority of their customers signed up. "People are in danger of becoming late on payments and need the help NOW," says Colleagues In Lending Spokesman. That is why non-profits are referring Colleagues In Lending to take over since they can complete the file within 7 days of submission. No Attorney or other modification servicers can beat what Colleagues In Lending are able to do.
Banks do not inform homeowner's of their required qualifying formulas and are creating confusion for their borrower's.
For a fraction of what most companies charge, Colleagues In Lending has 153 Underwriting Specialists, Loan Modification Case Analysts, Loss Mitigation Specialists, and Underwriting Support dedicated to making sure the homeowner will receive a better service then an attorney would provide. Lets face it, if you're going to need or attempt a loan modification, then you really need to do your homework and understand that you will need a professional by your side.
For more information and/or to sign up, please contact Colleagues In Lending at: 1-800-422-4970 or VISIT: http://www.EasyLoanMod.us