How to Expedite the Loan Modification Process

By John Bendall | Published: October 31, 2009

The loan modification process typically takes 30 to 90 days, depending mostly on your lender. The loan modification timeline, however, is not set in stone. The more complex your situation, the longer the process takes. Borrowers with a lot of collateral issues can see their loans take longer than what has become the typical 30- to 90-day timeframe.

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Q & A about short sales

By John Bendall | Published: June 6, 2009

Q. What are my options as a home seller when my property is in or heading toward default? A. In the event that you have been delinquent in paying your mortgage or anticipate that you will not be able to make payments moving forward, your options will vary based upon several factors or variables that … Continue reading Q & A about short sales

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What to do About Out of Control Mortgage Payments

By John Bendall | Published: April 19, 2008

As the news of record foreclosures rates continues to bombard us what can someone do to avoid becoming one of those statistics? Thousands of homeowners are struggling to make growing payments on adjustable rate mortgages. One possible solution is loan modification. Loan modification allows borrowers to renegotiate the terms of their current mortgage rather than refinancing. In many cases … Continue reading What to do About Out of Control Mortgage Payments

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