Los Angeles A+ BBB Mortgage Loan Modification Companies | Long Beach, Palmdale, Lancaster

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

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Los Angeles A+ BBB Mortgage Loan Modification Companies | Long Beach, Palmdale, Lancaster

Welcome visit Our WebSite:

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! Los Angeles County has by far the most foreclosure listings in all of California, listing almost 70,000 foreclosure filings last quarter, according to Realty Trac Inc. If you are having financial difficulties and find yourself at risk for losing your home, call HomeStart to discuss the possibility of a loan modification before it is too late.

A common misconception is that lenders would rather foreclose than modify your loan . This is not true! Lenders actually prefer to modify your loan because foreclosure is a much more costly and time consuming process. With the declining home prices and competitive real estate market it becomes difficult to re-sell your home after foreclosure. Lenders would prefer any solution where they can receive payment. HomeStart loan modification specialists will negotiate with your Lender new loan terms which will allow you to make affordable and consistent payments, resulting in an agreement to lower mortgage payments and interest rates.

HomeStart has both BBB and DRE credentials . The Better Business Bureau (BBB) awarded HomeStart as an A+ rated mortgage loan modification company . It is the only loan modification company in California awarded this honor for providing loan modification services to both residential and commercial properties. The California Department of Real Estate (DRE) requires an extensive review of any loan medication firm who desires a “Letter of Certification”. Receiving this letter is difficult and reflects the professionalism of HomeStart . Our performance of success and high standards are due to a standard of hard work and the persistent professionalism of our team, which are arguably the strongest in California.

Here is one recent example of a loan modification performed by HomeStart :

Property in San Diego, CA
Total monthly savings of $1,132.38/month

*Primary Residence :
Loan amount of $298,819 with an interest rate of 5.875% and monthly mortgage payments of$2,445.30.
*Modified to :
Interest Rate of 3.875% and new monthly mortgage payments of $1,312.92 fixed for 5 years; final interest rate of 5.375% and $1,481.94 monthly payments.

For more information please visit www.YourHomestart.com

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

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