San Diego, CA (PRWEB) April 01, 2013
The LoanSafeMods.com site offers many benefits to homeowners who are trying to figure out what their options are when it comes to foreclosure alternatives. As a licensee of the REST Report, LoanSafeMods can provide all the information and support that struggling homeowners need to find solutions to their mortgage difficulties.
The REST Report (Real Estate Services and Technology Report) is a third party analytics tool that not only shows homeowners what types of mortgage modification programs they may qualify for, but a REST analysis which shows a qualifying result can even serve to speed up the application process for a loan modification with lenders.
Thousands of homeowners have already taken advantage of this very useful tool and have utilized it to help them to process their requests and get them approved. The reason that the report is so effective is because it uses continuously updated data from all possible loan workout programs currently available and runs it against the information submitted by the property owner.
By comparing the information from the mortgage with all the possible solutions, the REST shows the homeowner exactly what they qualify for so that they can decide what the best option for them is. However, the most compelling reason to utilize the REST is the weight that it lends to modification applications that are submitted along with the analysis.
As many homeowners have already experienced, even though lenders are required to grant modifications to those with qualifying mortgage situations by law, it can still be very stressful to go through the often tedious and drawn out process and not knowing whether or not the request will be approved.
With the REST Report, not only will the homeowner know what they qualify for within a matter of days, but the results of the Report also show the lender how the numbers make sense and add up so that there will be no delay in the approval of the mortgage modification request.
A recently released REST review video on LoanSafeMods.com clearly shows how the REST Report can empower homeowners to get approved for the loan modifications they deserve. The new review is by a California homeowner named Linda, a single mother who lives in Oceanside with her young daughter.
Linda tried her best to get her mortgage modified for almost two years. She couldn’t understand why her bank would not grant her the modification, as she was certain she should have qualified for it. But instead she was stuck in limbo, with her request never being approved or outright turned down. Linda says in her video review:
"It was so perplexing to me because I had enough income, I had all the criteria and they kept telling me 'You have to resubmit, it's been three months. You have to send in a new application.' I think I applied at least 3, maybe 4, times!"
Finally Linda found the REST Report. She says, “When I first heard about the REST I wasn't sure what it was going to be but I knew I needed to understand the numbers better because no one at the bank was explaining it to me. So I had a REST Report done and I looked at it and it was the first time that the process made any sense to me. It was very helpful!”
After resubmitting her application along with the REST it was just a matter of weeks before the modificaiton, which reduced Linda’s monthly payments from $3,000 to $2,100, was approved. Now Linda can raise her daughter where she wants and isn’t worried that they will lose their home anymore.
Linda’s story is not unique. Thousand of others have benefited from the REST. For more information and reviews, please visit LoanSafeMods.com.