Beware of Promises of Approval

If you decide to hire a professional to complete your mortgage modification application, you should research and choose carefully. Unfortunately, many homeowners have fallen prey to a loan or mortgage modification scam. To protect yourself and your home, make sure you hire a person or company that you trust.

False Promises

If a person or company promises or guarantees that they can get you approved for a mortgage modification, they are not trustworthy. Mortgage or loan modifications are not guaranteed. In fact, there is no way to guarantee them. If someone is guaranteeing you a mortgage modification, it is a major red flag.

The company that you choose should be realistic about your chances of getting approved for a mortgage or loan modification. They should not guarantee that they can get you approved, because that is simply not true.

Additionally, if you believe that you have been scammed, you can report i to the Consumer Financial Protection Bureau online or by phone. Further, the Consumer Financial Protection Bureau suggests that you may want to contact an attorney to discuss your options.

The Mortgage Modification Center

There is no way to guarantee that you will receive a mortgage modification. However, working with an experienced professional will reduce your stress and ensure that the application is submitted correctly. It is extremely important that you hire someone that you can trust to help you with your mortgage or loan modification. The Mortgage Modification Center, led by Attorney John S. Simonian, understands how important this matter is. Attorney Simonian has helped numerous families with their mortgage modification application, and he may be able to help you. For your free initial consultation, please contact Attorney Simonian at (401) 467-7998.