LoanModDVD Clarifies The Loan Modification Application Process For Upside Down Homeowners

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New DVD and software program helps distressed homeowners to avoid scams and unnecessary lawyers fees by applying for loan modifications by themselves. LoanModDVD, a new easy-to-use instructional DVD, provides the essential tools needed to help homeowners present professional loan modification packages to their lenders. NO lenders require that a lawyer or outside "loan modification" company be a part of applying for a loan modification, but most homeowners don't know that. This new product will help them do everything they need to do to create and submit a successful package to their lender on their own.

Our goal, ultimately, is to empower the homeowner

A team of Los Angeles real estate professionals has created LoanModDVD, an instructional DVD which walks homeowners through the process of applying for home loan modifications themselves. Hundreds of lawyers and so-called "loan modification" companies are telling distressed homeowners they need to use their services to get loan modifications. This is not true! The reality is that ALL homeowners can apply themselves…not one bank or lender requires the involvement of outside entities. LoanModDVD provides borrowers with all the information they need to create and submit successful applications on their own.

LoanModDVD is a do-it-yourself step-by-step loan modification guide (including software, forms, and customer support package), which provides the essential tools needed to help homeowners present professional loan modification packages to their lenders. Created by experienced real estate industry professionals Amir Fathi and Maz Badie, LoanModDVD's primary goal is to save homeowners thousands of dollars in legal fees and help them create complete packages that get reviewed and approved.

"Lawyers and fly-by-night 'loan mod' companies are telling distressed homeowners that they must spend thousands of dollars they don't have to have to apply for loan modifications," said Fathi. "Or if borrowers call their lenders directly they are advised to call the HUD and HOPE NOW numbers whose operators don't know much more than the homeowners. These folks are left confused and not sure what to do or who to turn to. LoanModDVD explains every step they need to take, and gives them all the tools they will need to apply on their own."

To apply for a loan modification, a great deal of documentation is required - more than just the two paycheck stubs and bank statements the HOPE NOW lines will tell homeowners to submit. LoanModDVD outlines each document individually, and provides all of the necessary forms. More importantly, it also comes with a patented online software program which automatically calculates a new targeted loan payment and interest rate best suited to achieve a loan modification. The new proposed rate homeowners need to request is an essential part of every loan modification request. Other elements include a sample Hardship Letter, a Proposal Worksheet and customizable Income and Expense Worksheets.

"Our goal, ultimately, is to empower the homeowner," added Badie. "With this product, borrowers can cut through all of the confusion and misinformation and take matters into their own hands. If used properly, LoanModDVD can lower mortgage rates dramatically and reduce payments by up to 40%, helping many people save their homes."

"LoanModDVD is 100% in accordance with the new Obama Government Housing Stability Act," continued Fathi. "Our software's ability to automatically calculate the Net Present Value ensures that the modification is advantageous to the borrower and will keep them in their home for the long run. Unfortunately, the majority of homeowners do not even know what Net Present Value is, much less how to calculate it. Our software does it for them within seconds."

LoanModDVD is available online at for $99. The site contains in depth information about the loan modification process and an online Question and Answer video which helps you determine if a loan modification is right for you.

If, after purchasing LoanModDVD and following the instructions step-by-step, your loan modification is not approved, you can return LoanModDVD for a 100% money back guarantee (restrictions apply - visit the website for more detail).

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Kim Sudhalter
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