Orange County A+ BBB Mortgage Loan Modification Programs | Newport Beach, Huntington Beach, California

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

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Orange County A+ BBB Mortgage Loan Modification Programs | Newport Beach, Huntington Beach, California

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http://www.YourHomestart.com

Orange County is experiencing the second highest foreclosure rate in California. Although it has actually been seeing a decline in foreclosures over recent months, Orange County’s foreclosure rate is still .30% above the national average. RealtyTrac.com reported 25,660 foreclosure homes and 5,944 new filings in August 2009. As you can see, despite the recent decline, numbers are still much higher than they should be. 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 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, monthly mortgage payments, and the principle balance. 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 BBB (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.

For more information please visit www.YourHomestart.com

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

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