Loan Modification

The Most Successful in Our Industry

Most loss mitigation companies were born out of the ashes of the mortgage crisis. Over 99% of the people in the industry are made up of loan officers and mortgage brokers; these people are not prepared to help you. Our professionals joined Amerihope Alliance Legal Services in order to utilize their high standards and experience to assist those who, unfortunately, are caught in the despair of losing their homes.

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Our Methodology is Unrivaled

Amerihope Alliance Legal Services stands apart from typical loss mitigation companies for several reasons. Our negotiations are directed by our licensed attorney, Margaret Yang, who is keenly focused on mortgage law. We provide clients with real solutions at a time of financial and economic uncertainty while the mortgage and real estate industries struggle. Our negotiators are industry professionals and experts at the number one asset needed to succeed at loss mitigation and short sales: Client Advocacy.

Homeowners Are Facing Unforeseen Hardships

During the past several years, many homeowners were sold mortgage products that they did not fully understand or could not afford. Due to greed and hasty underwriting, many mortgage lenders created loans unscrupulously. As these mortgages begin to re-cast and as balloon payments become due, homeowners are finding themselves unable to make their mortgage payments, and in most cases unable to refinance their loans. As a result, the country is witnessing double-digit declines in real estate values and millions of homeowners are facing mortgage balances that exceed the fair market value of their properties.

The Tides Are Turning in Your Favor

Mortgage loan servicers and lenders have begun to recognize the disadvantages of carrying out foreclosures and many are willing to negotiate to keep borrowers in their homes. According to the Joint Economic Committee of Congress, the lender's pre-foreclosure and post-foreclosure expenses amount to $50,000 on average. The lender must bear the costs of losses on the property itself, property maintenance, appraisal, legal fees, lost revenue, insurance, marketing and clean up. Safeguards are being put into place requiring lenders to provide restructuring options and to assess the homeowner's financial situation. After making a cost-benefit analysis, many lenders are realizing that foreclosure may result in larger losses to their investors. Now, servicers and lenders are becoming more receptive to loan modifications as an alternative to foreclosure.

In the midst of the mortgage meltdown and the current financial crisis, many homeowners are running out of time to preserve their greatest asset -- their home. Granting that every case is unique and no outcome can be guaranteed, our client results have included lower monthly payments, reduced interest rates, adjustable interest rates changed to lower fixed rates, reduction of principal mortgage balances, forbearance agreements, extended terms of existing mortgage loans and temporary interest-only payment plans.

Steadfast Protection For Homeowners

The attorneys and legal assistants at our firm are equipped to stand up to mortgage lenders and servicers with the goal of obtaining loan restructures that keep our clients in their homes with affordable payments. Drawing on our network of professionals, we staff teams of experts with tailored skill sets and experiences to achieve specific client objectives.

Whether our clients have never missed a payment or have missed several, we employ our best efforts to obtain a favorable loan restructure. We are deeply committed to personalizing the loan restructure process, thus bridging the gap between homeowners and lenders in every aspect of our work. By dealing directly with mortgage lenders we have lowered monthly payments, re-negotiated interest rates and principal balances, and saved many homeowners from facing foreclosure.

When negotiating with lenders we have been able to reduce principal balances to the fair market value of the property, Stop Foreclosure Sales, and obtain affordable monthly payments for borrowers who have suffered financial hardships. Throughout the process, we understand that clients want to be kept informed of their case details and we make time to personally speak with them and provide frequent status reports via a real-time, live portal where all clients can log in to review their case status 24/7.

A successful comprehensive foreclosure intervention solution generally requires knowledge of:

    • Borrower personal financial statements
    • Financial planning models
    • Mortgage lending and servicing procedures
    • Real estate valuation
    • Short-sale procedures
    • Bankruptcy Law
    • Outstanding negotiating skills
    • Other financial and real estate related disciplines

We Take Pride in Our Results

We use the knowledge of our talented, creative, and experienced personnel to transform client challenges into tangible real-time solutions. Our success and proven track record comes from our highly personalized approach.

Although we cannot guarantee the outcome of your individual case, possible outcomes may include the following:

    • Reduce interest rates
    • Change adjustable interest rates to fixed interest rates
    • Reduce cap of adjustable interest rates or stop upward adjustment
    • Reduction of principal balance
    • Lower monthly payments
    • Extend terms of existing mortgage loans
    • Temporary interest-only payment plans
    • Short sales at a price mutually agreeable to you and your lender
    • Avoid foreclosure
    • Arrange for delinquent payment amounts to be reduced or eliminated and added
      to the end of the loan or a longer loan period

Our Law Firm Will Advocate For You

Amerihope Alliance Legal Services and our entire team is dedicated to exploring your legal options to achieve mortgage relief and solving your problems. We have a passion for our clients' rights.

Our staff consists of previous employees of the nation's leading lenders including, but not limited to, Chase, CITIBank, Bank of America (Countrywide), Wachovia, HSBC, and Wells Fargo. We are experts at presenting your situation to your lender so that the best solution is obtained.

Our senior real estate consultants have over 40+ years in the business. Our staff also includes a specialist who has been involved in short sales and foreclosure properties for the last ten (10) years, a consulting Certified Public Accountant, and a powerhouse team consisting of 150 years of combined experience in Loss Mitigation, Real Estate, Mortgages, Financing, Foreclosure, and Law.

If you are one of millions who, through no fault of your own, is on the brink of foreclosure, we will work and negotiate to seek and secure a successful remedy for you.

To learn more about our services or for a Free Consultation, contact us at (877) 882-5338.