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LoanModificationForFree.com Creates Free Online Loan Modification Course to Help Homeowners Lower Their Mortgage Payments and Stop Foreclosure

A free "do-it-yourself" (DIY) loan modification program will be available at LoanModificationForFree.com for anyone including distressed homeowners and U.S. military service men and women seeking to modify their loan and take advantage of the Obama Administration's "Making Home Affordable" program.

Santa Barbara, CA (PRWEB) April 1, 2009 -- With the deepening foreclosure crisis, LoanModificationForFree.com has created a free comprehensive online loan modification course. This course is comprised of a step-by-step program to help distressed homeowners protect their homes.

The program provides comprehensive loan modification strategies for anyone who wants to lower their mortgage payment, stop foreclosure or learn how to apply and qualify.

The free loan modification program was created as a comprehensive seven lesson online course and provides extensive information on how the loan modification process works, how to prepare one's finances for a loan modification application, how to write a loan modification "hardship letter", and strategies for homeowners to ensure their loan modification is approved.

"With the economy in the deepest recession in decades, the foreclosure rate is at the highest level since the Great Depression. Millions of homeowners are behind on their mortgages and potentially facing foreclosure", said Jeremy Kossen, Executive Director and creator of LoanModificationForFree.com. "By developing this easy to follow loan modification program, we hope to help homeowners avoid foreclosure by providing them with the tools to get their loans modified and their mortgage payments reduced."

Like many other online resources, such as Google, Yahoo, and facebook, LoanModificationForFree.com is funded by advertising. While most loan modification companies are charging financially distressed homeowners thousands of dollars to modify their loans, LoanModificationForFree.com is providing this online course absolutely free.

The only requirement to participate is the completion of a brief, one page application, at which point the homeowner is immediately provided with a username and password which gives them access to the full loan modification program.

Webmasters are requested to place links to LoanModificationForFree.com.

To learn more about LoanModificationForFree.com's free program to help homeowners modify their own loans and stop foreclosure, call (888) 365-0914 or visit www.LoanModificationForFree.com.

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