Cheyenne, WY (PressExposure) May 18, 2009 -- Loan Modification demand as a service is growing at an exponential rate. Every day there are 10,000 foreclosures in the United State and more due to foreclose soon. In order to prevent these foreclosures a loan modification is needed to modify the existing loan and save the homeowners home. At this point in the economy many lenders are more interested in modifying the loan than foreclosing upon it since foreclosing upon a property involved legal fees and a host of other additional fees.Modifying the loan allows the lender to save on legal fees and continue to receive payments from the homeowner. This is a win win situation for both the lender and the homeowner.
Now is a great time to enter into the loan modification business, since the lenders are accepting more modifications now and homeowners are in need of a loan modification as well. With over 10,000 foreclosures a day, there are plenty of homeowners to qualify. http://www.DirectCapitalSoftware.com offers an entire package with loan modification software and over 250,000 Free Leads which will start you in the loan modification business. In addition they give you a marketing toolkit, marketing flyers and more.