San Diego A+ BBB Mortgage Loan Modification Programs | Oceanside, La Jolla, California

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

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San Diego A+ BBB Mortgage Loan Modification Programs | Oceanside, La Jolla, California

Welcome visit Our WebSite:

http://www.YourHomestart.com

The declining housing market has left many Americans facing the possibility of losing their homes. California cities have been hit especially hard, filling almost the entire top ten list for city foreclosures in the country. While Los Angeles has the highest number of foreclosures in the state, San Diego County is following right behind it, listing over 18,000 new foreclosures in the third quarter of 2009. Part of the reason so many homes are suffering from foreclosure is because not enough people are taking advantage of the Homeowner Affordability and Stability Plan (HASP) , which has already helped 500,000 people stay in their homes.

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.

HomeStart is the only A+ BBB rated and DRE licensed Loan Modification Company in California and specializes in these cases. HomeStart has established close relationships with many of the large banks and lenders and has experienced attorneys ready to work on your mortgage loan modification . We provide trusted service and have helped many families save their homes by lowering both monthly mortgage payments and the principle balance. HomeStart is not a high-volume, mortgage and loan Modification Company and you will never receive a customer number. We keep our A+ BBB rating by providing personal and dependable service to our customers. We provide free consultation to analyze your current situation so that together we can provide a workable solution that is acceptable to both you and your Lender. Don’t wait until it’s too late, call HomeStart today.

For more information please visit www.YourHomestart.com

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

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