LoanSafeMods.com: REST Report Assists Home owners Who Are At present Struggling With The Modification Procedure

San Diego, CA (PRWEB) April 14, 2013

LoanSafeMods.com is expertly equipped to aid property owners uncover solutions to their mortgage modification issues with the REST Report. The REST (Real Estate Services and Technologies) Report is a third celebration analysis tool that pools data from all offered government and non government loan workout applications (including the HAMP and HARP programs) and compares this information with the mortgage and financial information of the homeowner in order to show them specifically which modification programs they do or do not qualify for.

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So far the REST Report has helped thousands of households to steer clear of foreclosures and save their houses. Some of these folks have posted their stories via video critiques on LoanSafeMods.com. One particular newly posted video features Linda, a single mother who lives in Oceanside with her young daughter.

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Linda sought a mortgage modification when alimony payments from her ex husband stopped due to him losing his job. Without the support from these payments she knew she would be unable to keep up with the monthly mortgage payments for long, and so she submitted her application to her bank.

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Sadly, as a lot of people have identified out, acquiring a mortgage modification request approved is not constantly that straight forward. In Lindas case the bank kept asking her to resubmit documents or even her entire application package. Linda says in her REST video overview, “It was so perplexing to me simply because I had adequate revenue, I had all the criteria and they kept telling me ‘You have to resubmit, it really is been 3 months. You have to send in a new application.’ I feel I applied at least 3, perhaps 4, times!”

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Linda was not confident what to do. She didnt know if there was anything incorrect with her application and with no communication from her bank, she really didnt know how she would discover out. Linda lived with the worry that she would lose her property to foreclosure for practically two years as her bank continued to hold her application as below review.

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Lastly, nonetheless, Linda found the REST Report and from then on factors began producing a lot more sense for her. She says in the new video, When I initial heard about the REST I wasn’t certain what it was going to be, but I knew I needed to understand the numbers greater since no one particular at the bank was explaining it to me. So I had a REST Report accomplished and I looked at it and it was the first time that the method made any sense to me. It was extremely helpful!

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When she saw the good final results of her REST evaluation, Linda was extremely happy. She says, I was actually excited when I saw that I qualified in the REST Report because no a single at the bank would inform me what was going on. And there it was in black and white the numbers produced sense! So it was just a matter of getting it to the appropriate person at the bank and it was a completed deal inside a few weeks.

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The modification granted after Linda utilized the REST Report lowered her monthly payments from $ 3,000 to $ two,100. At this price, Linda can continue to raise her daughter in the home she grew up in and which they are each comfy and satisfied with.

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For much more info on how the REST Report can aid property owners that are presently struggling with the modification method, please go to LoanSafeMods.com.

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