Irvine A+ BBB Mortgage Loan Modification Programs | Santa Ana, Anaheim, California

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 1, 2009 -- For A+ BBB Irvine Mortgage Loan Modification Services go to www.YourHomestart.com

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Irvine A+ BBB Mortgage Loan Modification Programs | Santa Ana, Anaheim, California

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http://www.YourHomestart.com

California currently accounts for over a quarter of the nation’s foreclosures, recently reporting over 250,000 foreclosure filings in the third quarter of 2009. This is an increase of nearly fifty percent from October last year! Santa Ana, Anaheim, and Irvine accounted for a large portion of the foreclosures in Orange County, leaving the area in need of some help! HOMEstart is a loan modification company that may be able to renegotiate the terms or your loan to make payments more affordable.

The Homeowner Affordability and Stability Plan (HASP) is a $75 billion plan, put into place by the Obama Administration in early 2009 in hopes of modifying distressed mortgages , keeping borrowers in their homes. Obama’s plan requires major lenders and banks to participate in reducing monthly mortgage payments to less than 40% of the borrower’s gross monthly income. The resulting losses lenders and banks incur would be refunded by Obama’s $75 billion HASP budget. HASP gives lender’s extra incentive to participate by offering compensation for each loan that they successfully modify. In addition, a principal balance reduction of up to $1,000 each year, for 5 years, is rewarded to borrowers for making consistent payments.

The Better Business Bureau (BBB) awarded HOMEstart as an A+ rated mortgage loan modification company . HOMEstart is the only loan modification company in California awarded this honor for providing loan modification services to residential, investment and commercial property owners. The California Department of Real Estate (DRE) established by California in 1913, sets forth policies regarding the ability of its members to request an Advance Fee for the purpose of performing home loan modifications. The DRE requires an extensive review of any loan modification firm who desires this "Letter of Certification". Securing such a letter is difficult and reflects the professionalism of HOMEstart .

Whether you are currently behind on payments or foresee trouble in the future, call HOMEstart for a free consultation. We will analyze your current situation so that together we can provide a workable solution that is acceptable to both you and your lender. At HOMEstart , there is an entire team of experienced loan modification consultants who will help answer any questions you may have.

For more information please visit www.YourHomestart.com

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

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