Are Private Loan Modification companies better to work with then direct to the bank loan modification?
The simple and very straight forward answer is - NO...NOT AT ALL...!!!!
Private Loan Modification Companies and attorneys are not at all better to work woth than doing a mortgage loan modification by yourself. These companies charge your literally thousands of dollars to prepare the paperwork than even a Dummy can also prepare in less than 60 minutes if he has the right information about the process.
Than why most of the people who try it by themselves don't get approved? Well, this is because they don't have the right information about the process.
Download 60-Minute Loan Modification workbook by California based Mike Rockwood and do it by yourself. This is the ultimate step by step guide to do a Mortgage Loan Modification by yourseld. No need to spend thousands of dollars behind Private Loan Mod Companies.
Most of the private loan modification companies are the scams. They are nothing but the organisations that exploit the need of people who want to stop and avoid foreclosures. These companies give the false guarantees and their working process look like as they are highly professional. But in reality, they do nothing new except preparing the loan mod documents on behalf of you that you can prepare in less than 60 minutes if you have a proper information about the process.
In my opinion, you should never go with such kind of loan mod companies or attorneys. Do it yourself and believe me, you will surely get approved for the loan mod process...!!!