Consumer Services  »   Business Services  »   Home
 
 
 
 
 
 
 

First Name:

Email:

Street:

State:

Loan Amount:

Monthly Loan Payment:

Last Name:

Phone:

City:

Zip Code:

Months Behind?

Employment Status:

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

We Partner With the Industry’s Best Loss Mitigation Services:


Loss mitigation in the mortgage industry usually describes the process of a third party working with a homeowner and a lender (investor or bank) to prevent a foreclosure. Some of these include loan modification services, short sales, refinance mortgages, special forbearance, and partial claim options to name a few. The main benefit is to find a solution for the homeowner to prevent foreclosure from a monthly mortgage payment which they cannot pay anymore or relieve the mortgage obligation alltogether. The main benefit for the lender is too offset a long term risk with a short term loss by reaching a mutual agreement with the borrowers mortgage obligation.

Here at How Much You Could Save we recommend filling out our form and learn from our loss mitigation experts on what options may be available to you depending on your current situation with your mortgage. Depending on your current income and financial situation one option might be more realistic to obtain. For example if you currently are unemployed and have no income a short sale might be the best option whereas if you are just a couple months behind and have a stable income a loan modification might be the better choice for the lender.