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10 May 2010

Wells Fargo Loan Modification In 7 Days!

For those of you who have a Wells Fargo loan modification, there is some good news. There is a new program that can get your loan modified in 7 days or less.

This program works from the time you are approved, provided that you get approved.

For it to work, you must submit an authorization letter authorizing a loan modification company to contact your lender on your behalf. This usually takes 24-48 hours to complete.

After this, the company will contact your lender and make sure you are approved for a loan modification under their current guidelines.

The company will show you verifiable evidence of this change, including your new interest rate and payment. If this is a beneficial modification (i.e. your monthly payments decrease) you can then choose to proceed with the modification process.

The loan modification itself can be carried out according to seven days at this time.

To further ease your financial burden, many times your new payment can be pushed back 30 days or more.

This is a new program and is only available through a select group of loan modification specialists. It is unlike a traditional loan modification is that you do not have to wait 2-3 months to complete your loan. This will easily go through the stress of a traditional modification. You also get to know if you are approved in advance, before you pay for these services.

There are no upfront fees with this program, you can determine if you qualify and what your new interest rate and payment will be without a single deposit. There is no obligation to continue with the program as well.

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