San Diego, CA (PRWEB) April 06, 2013
LoanSafeMods.com recently released a number of testimonial videos that show the REST Report in action. These are testimonials by men and women who have been helped with their mortgage modification requests by the REST Report, a third celebration analytics tool that shows property owners exactly what modification programs they qualify for and also shows banks and lending institutions how the numbers add up and why it would make much more sense to modify a mortgage rather than settle on foreclosure.

These REST assessment videos all feature home owners who were capable to save their residences following struggling to save their houses for months or even years. The REST (Genuine Estate Solutions and Technologies) Report takes the info provided by the homeowner and runs it against the existing qualifying criteria issued by all obtainable loan modification programs, such as the HAMP, HARP and other government and non-government loan workout programs.

This not only offers the homeowners peace of mind, as they will see exactly what they qualify for in a matter of days alternatively of getting to wait numerous months only to have their application either authorized or denied, but it also actually helps the lending institutions to procedure the request quickly. Alan White, of the City University of New York, said in a recent article on Bloomberg, While processing delays have provided borrowers time to negotiate loan workouts, huge lenders frequently lose documents and ask borrowers to resubmit them repeatedly. As a result, many property owners have given up because they just cant get their modifications approved and they dont see any finish in sight. Alternatively of obtaining the mortgage modifications that they deserve, they are settling on quick sales or foreclosure.

This has triggered a considerable amount of pressure for home owners who are by no means sure where they stand and no matter whether or not they will be in a position to maintain their homes. The REST Evaluation solves this difficulty by displaying the borrower and the lender precisely what applications the mortgage scenario qualifies for, and specifically why it qualifies for those programs.

The evaluation can also help to point out difficulties with the application ahead of the homeowner ever sends their request to their lender, which will give them time to repair the difficulty or discover some perform around remedy. Also, if the report shows that the mortgage ought to have certified for a modification, but the lender denies approval of the modification, the REST Report is so precise and trusted that it can even be employed as evidence if the homeowner decides to take the lenders selection to court.

These benefits serve to make the REST Report one of the most invaluable tools for homeowners who are looking for mortgage modifications. The REST testimonials featured on LoanSafeMods.com can assist show struggling property owners what they stand to acquire when they decide on the REST Report. To view these testimonials and discover how the REST performs, please click here.