San Diego, CA (PRWEB) April 12, 2013
LoanSafeMods.com’s friendly homeowner advocates help to walk struggling homeowners through the process of getting a REST Analysis done. This analysis can help the homeowners to find solutions to their mortgage troubles by showing them what their options are when it comes to government and non government loan workout programs such as the HAMP and HARP.
Aside from offering free counseling and guidance throughout the modification process, LoanSafeMods.com is fully MARS (Mortgage Assistance Relief Services) compliant, which means the company will never ask for any advance fees. Many other mortgage assistance companies do not comply with the MARS ruling, and this can put homeowners in a bad situation if the company does not come through on their promises.
LoanSafeMods.com recently released a number of video reviews from people who have used the company to help them with their mortgage situations. One of these reviews is by a man named Ron, an EMT and single father of two children living in San Diego. Ron’s story makes it clear how useful the REST can be when dealing with tricky mortgage modification situations.
Ron got into a difficult financial situation and so was unable to keep up with his monthly mortgage payments. However, he knew that he should have options to modify his mortgage and so tried to apply for the Make Home Affordable Program on his own. He found that this was not very simple. He was continuously asked to resubmit documents or send in new paperwork.
This went on and on. Ron says in his REST Review, “Every time I would jump through one hoop for them they would toss up two more!” Finally Ron realized that he needed help. He was approached by one company that claimed they wanted to help him. They required him to pay an upfront fee and told him that he should default on his payments so that he would qualify for the modification.
This strategy actually put Ron’s home in danger of foreclosing and in the end the company did not fulfill their promise. Ron tried again with another company, which also asked for an advance fee, with the same disappointing result.
After 3 years of getting the run around and getting scammed out of his money by the two “mortgage relief” companies, Ron was ready to give up. Luckily Ron found LoanSafeMods.com and learned about the REST Report. After years of disappointment, within a few short months of submitting the REST Analysis, Ron finally got his modification approved.
Ron says, "To have somebody who went out of their way to do a good job and not having to pay beforehand was really a blessing"
Under the modified mortgage terms, Ron only pays about half of what he used to pay each month. He also had his principle reduced by more than $350,000. Thanks to these changes, Ron can afford to keep his family in their home.
For more information on how LoanSafeMods.com uses the REST to help desperate property owners get the modifications they deserve, click here.