San Diego, CA (PRWEB) April 07, 2013
The REST Report, a third party analytics tool found on LoanSafeMods.com that is used to find foreclose alternatives, has helped thousands of families to stay in their homes. The quick analysis offered by the REST gives homeowners a very clear picture of what they qualify for when it comes to loan work out programs such as the HAMP and other government and non-government programs.
The REST analysis is also a very useful tool when submitted with a mortgage modification request package, because it can help the application to carry more weight with the lender. Because the analysis is so thorough and accurate and can even be used as evidence in a court of law, applications submitted with REST Reports showing qualifying results are much more likely to be approved in a timely manner.
Many homeowners have found that this analysis can even help to get modifications approved when previous modification applications had been stalled, delayed or even denied. The REST Report clearly shows why the mortgage situation should qualify for a modification and why it would make more sense for a lender to modify the loan rather than to foreclose the property.
A number of REST Report testimonials, which can be found on LoanSafeMods.com, show how homeowners were able to turn their situations around thanks to the REST Report. These people had all tried to apply for modifications on their own, but ran into trouble when their applications got delayed. After struggling for months, or in a few cases even several years, these homeowners finally found that the REST Report was the best way to show their banks why they deserved the loan modifications they were applying for.
Ron, an EMT supervisor and single father living with his two children in San Diego, was able to avail of a HAMP modification and had his principle reduced by more than $350,000 and his monthly payments cut by about 50%. After struggling with the application on his own for several years, his modification was finally approved within a few months of finding the REST Report.
Crystal, also from San Diego, was already having realtors come to look at her home after the bank issued a Notice of Sale. She finally got her modification approved when she found the REST Report and after six months of trying to deal with her bank without any success, she is no longer in fear of losing her home. The new mortgage terms cut her monthly payments from $1,700 to just $728.
Linda, a single mother who lives with her young daughter in Oceanside, had her mortgage modification request delayed for more than two years. Finally after finding the REST Report she can breathe easier as the modification that was finally approved cut her monthly payments from $3,000 to about $2,100.
Mona and her husband, who own a home in Point Loma, were on the verge of losing their home and even their marriage. Finally they found the REST Report, got their modification approved and aren’t worried about losing their home or each other. The new loan terms cut their monthly payments more than fifty percent and they are now paying less than $2,000 each month.
To get the details of these incredible stories, view the full REST Report video reviews at LoanSafeMods.com.