Detroit A+ BBB Mortgage Loan Modification Companies | Grand Rapids, Michigan

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 20, 2009 -- For A+ BBB Detroit Mortgage Loan Modification Services go to www.YourHomestart.com

1 2

Detroit A+ BBB Mortgage Loan Modification Companies | Grand Rapids, Michigan

Welcome visit Our WebSite:

http://www.YourHomestart.com

With over three million foreclosure filings in 2008, Americans all across the country need help saving their homes. Michigan’s foreclosure percentage rose 134% in August hitting just over 19,000 homeowners which is an increase of 42% in comparison to the levels in August of 2008. Michigan is facing the 6th highest foreclosure rate in the nation which is reaching 1 home in every 136 Michigan households. Detroit, which is Michigan’s largest city, is a major factor in these high numbers. Known as being a major U.S. automotive center, Detroit has been hit especially hard during the recent economic downturn. According to a recent report by Realty Trac, Detroit had over 20,000 new foreclosures in the third quarter of 2009. If you are currently struggling making payments on your home or foresee difficulty in the future, call HOMEstart to discuss a loan modification .

A Loan Modification is a permanent change in one or more of the terms of your loan. The purpose of a loan modification is to allow the borrower to meet the new loan modification terms, allowing them to prevent foreclosure. A loan modification is not a refinance; it is the restructuring of the loan terms. In other words, a loan modification is a contractual agreement between the Lender and the Borrower to provide long term relief from unaffordable loan terms. Loan modifications can lower your interest rate(s), monthly mortgage payment(s) and the principle balance (loan amount). Remember the cost of foreclosure to the Lender is higher than new loan modification terms; therefore, lenders are open to loan modifications to prevent foreclosure.

HOMEstart offers nationwide residential, investment and commercial property loan modifications, and can also provide foreclosure prevention information and pre-foreclosure consultation. HOMEstart is the only business in California with an A+ rating from the Better Business Bureau in both loan modification and real estate loan modification . While the California DRE reported approximately 495,000 registered Real Estate and Mortgage Brokers in California in August 2009, only a mere 300 were licensed to perform mortgage loan modifications. The A+ score that HOMEstart received represents the BBB’s degree of confidence that the business is operating in a trustworthy manner and will provide excellent contracted services, while also providing a high degree of customer service. If you are unsure if you qualify for a loan modification or simply would like more information about the loan modification process, visit our website or call HOMEstart for a free consultation.

For more information please visit www.YourHomestart.com

More information can be found online at http://www.YourHomestart.com

     Detroit loan services     loan modification services     modify mortgage     mortgage loan modification