Loan Modification Review

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 15, 2009 -- I am writing to share with everyone my Loan Modification Experience using the Loan Modification Station at www.myloanmodificationstation.com, I hope this will benefit someone that is in the same boat that I am in because I found this service extremley helpfull.

I first heard about the Loan Modification Station on a CNN Money blog. Among the hundreds of horror stories from angry and frustrated people who have been struggling to have their loans modified was a single entry from a satisfied Loan Modification Station customer who had been successful in negotiations with his own bank. I checked out the Loan Modification Station website at http://www.myloanmodificationstation.com , and I was very impressed. It presents a businesslike and no-nonsense method of pursuing a successful loan modification, including a detailed proposal, and realistic descriptions what to expect when negotiating with your bank.

In short, to get a loan modified, you have to convince your bank that it’s in their best interest to do so. To do that, you have to put together a complete loan modification proposal in a package that will both expedite the process and impress upon your bank that you mean business. The Loan Modification Station helps you put together a package that covers all the details, many of which are easy to overlook.

With their expertise in the mortgage lending industry, the Loan Modification Station knows how to provide struggling homeowners with the ammunition they need to get their banks to get moving on the process. They provide an extremely important service to those of us who don’t know the ins and outs of the mortgage lending industry – at a very reasonable cost. Their service is simply excellent, and the package that they help me put together was thorough, complete, and impressive. My package makes a powerful proposal for a loan modification, including an analysis of the risk that the bank faces if they won’t work with me to resolve my situation to the benefit of all parties involved. (I never would have thought to analyze the risk to the bank – and that will surely get their attention!)

About a month after mailing my loan modification package to my bank, I received a letter indicating that they are working on my proposal, will contact me is they need any additional information, and that the process takes 45 – 60 days before I can expect a decision. I’m very impressed that they didn’t indicate that the package was lacking for any kind of information. It was a complete and compelling package, and it got my bank’s attention.

JB

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