Nevada A+ BBB Home Loan Modification Programs | Las Vegas, Reno, Henderson

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 24, 2009 -- For A+ BBB Nevada Mortgage Loan Modification Companies go to www.YourHomestart.com

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Nevada A+ BBB Home Loan Modification Programs | Las Vegas, Reno, Henderson

Welcome visit Our WebSite:

http://www.yourhomestart.com

Nevada normally brings thoughts of big casinos and excitement, and although that is all true, the reality is that Nevada has posted the highest foreclosure rate in the nation throughout the third quarter of 2009. With almost one in 23 housing units filing for foreclosure, the state of Nevada has seen close to 50,000 filings throughout the year. Unfortunately these results were not completely unexpected as Nevada has topped the foreclosure list for months, and foreclosure rates are up 23% on a year to year comparison. The city of Las Vegas has suffered the most drastic economic decline, along with surrounding Clark County. Those homeowners that find themselves in such a precarious postion still have hope though by seeking out a loan modification. A loan modification is a renegotiation of the terms of your loan to make your mortgage payments more affordable and most importantly to keep you in your home!

Residents of Las Vegas and other areas of Nevada do have viable measures to avoid foreclosure, thanks in part to the federal Homeowner Affordability and Stability Plan implemented last spring. With a total budget of $75 billion, the plan aims to help a projected four million homeowners over the next three years by reducing monthly interest rates and encouraging borrowers to adopt a loan modification plan.

HomeStart’s main purpose in assisting in your loan modification is to lower your monthly mortgage payment while providing you with accurate information regarding your specific situation and full service in setting up a home loan modification before foreclosure has the chance to set in. It is not too late to act!

HomeStart possesses a solid and flawless A+ Better Business Bureau (BBB) rated reputation. In early August 2009, the California Department of Real Estate (DRE) reported that there were approximately 495,000 registered Real Estate & Mortgage Brokers in California, but less than 300 were licensed to perform mortgage loan modifications. HomeStart is one of the few licensed loan modification companies in California, and are able to practice in all 50 states.

HomeStart is able to handle all the steps in the loan modification process including: Intake Processing, Underwriting, Bank Submission, Negotiations, Approvals and Contract Review. Contact HomeStart at anytime to discuss your financial hardship, we will listen and maintain the highest level of confidentiality. We have an entire team of experienced loan modification consultants who will help answer any questions you may have, regardless if you pursue a loan modification through HomeStart. We are here to help; start new, not over.

Here is an example of a recent 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

Nevada loan modification