A FRIEND is a person whom one knows and with whom one has a bond of MUTUAL affection. I am sorry to break it to you, but once you're considered high risk. Your Motgage Lender is no longer your friend.

Makes sense, right? You reneged on a promise and, therefore broke the metaphorical circle of trust. Also known as, your Mortgage agreement.

Now you're recieving letters from your ex-besties attorney and your phone is ringing off the hook.

Lets back up; you've suffered a hardship that has led to you falling behind on your mortgage payments and now you are facing Foreclosure. While you are considered "high risk" your home is just as valuable, if not more than before, as it is in most cases. Now, the mortgage lender needs you out and your property available. A major way they accomplish this goal is by tricking you into thinking that you are able to dig yourself out of this hole, that granted, you may have dug yourself into.

This is a TRICK. When you first bought your home you worked with a loan officer. To refer back to our original metaphor, the loan officer set up the play date with what would become your new bestfriend. They figured out your likes and dislikes, common interests, and eventually you all decided that you could trust each other. It would take another expert to undue the mess that occured from your hardship. This is why only 20% of homeowners are awarded a loan modification.

That's where the experts at Home & Credit Pros come in. We are able to negotiate on your behalf. Therefore keeping your interests in-tac and reaching the best solution possible. So whether you want to keep your home or throw it away like an old-school friendship bracelet. Schedule a FREE consultation with Home & Credit Pros so we can keep you from being tricked!