15 Second Loan Modification Qualifier ™ - A Simple Exercise With Valuable Results

Would you like to know what your new lower payment could be if you were approved for a loan modification? Who wouldn't?

When a homeowner calls their lender to speak about a loan modification, the first thing that happens is a series of questions, many of them financial. Most homeowners have no idea if the numbers they are giving to their lender are helping or hurting their case. And based on the answers, often given without careful thought, a homeowner can be denied a loan modification on the spot.

I discovered that calculations based on the answers to just 7 questions were a pretty good predictor of the loan modification payment a homeowner was eligible for. The origins of the 15 second loan modification qualifier came from my work with hundreds of families as we went over their finances in preparation of having an initial conversation with the lender.

It's a lot easier to get the loan modification you deserve if you know what you are entitled to receive.

No, you can't just call in these results to your lender, and expect them to say, "Sure, since you put it that way, we'll do what you say." But you now know something that most homeowners will never know. With the 15 second loan modification qualifier, it is actually possible to get an idea as to what you could expect to gain from a loan modification if the lender gave you one.

Remember this is just a starting point. There is a whole lot more that goes into ultimately determining whether or not you get a loan modification (like whether or not your lender even participates, which programs does your lender participate in, are you behind in your mortgage and by how much). There are enough criteria to confuse even the most complex thinkers, which is why having a simple way to start is a very good thing.

Use this rule of thumb: if you have had a financial hardship and believe that you can now afford some payment, just not the one on your mortgage bill, you have a compelling reason to get a loan modification.

Can you imagine the poor vulnerable home owner who didn't have access to this 15 second tool, and gave their numbers directly to their lender because the guy at the other end of the line sounded like he was on their side and ready to help? Then they get told that they don't qualify, and he worries if he's on the road to foreclosure.
Perhaps you forgot some of your income, or expenses? Whatever the reason, you are far better off knowing this ahead of time so you don't shoot yourself in the foot before you even get started.

To find out how to see the 2 minute video, or how to try the "15 Second Loan Modification Qualifier ™" for free, go to http://searchwarp.com/swa660402-Loan-Modification-Denied-Now-What-2-Common-Loan-Modification-Mistakes.htm