The MLG Loan Modification Self Defense Programs:

Our goal during your loan modification process is to help you get a reduction of your monthly mortgage payments to the standard accepted guideline of 31% of your gross income. This is the standard accepted percentage used in determining how much a typical borrower should be paying for principal, interest, property taxes, hazard insurances, and association fees (if any).

When you purchased your home, 3 things happened. You received a Deed (your proof of ownership), you signed a Note (the agreement to pay back monies borrowed with previously agreed upon terms), and you signed a Mortgage (the agreement to secure the lenders note with the house).

So in reality, whether you call it a loan modification, a mortgage modification, a mortgage restructuring, or a workout plan, the loan modification process is actually your lender only agreeing to alter the terms of your note. Lenders are typically open to consider a modification should you happen to be experiencing a permanent reduction in income, a documented increase in payment that would be unaffordable, and/or a default and ultimately a foreclosure of your home is eminent.

Modifications typically results in a temporary or permanent changes to some or all of the following: your notes rate, it’s term, the amount they base the principal and interest payment on, and ultimately the amount of your monthly payment.

If you find yourself trapped in a mortgage you can’t afford, with MLG you’ve found the help you need. Time and time again borrowers find their lenders talk about working with them. But in reality, it is just talk. They find nothing but closed doors and less than helpful collection department employees. In fact, the latest statistics show how few modifications are actually being performed. All evidencing the lenders are slow and less than cooperative.

While HUD (the Department of Housing and Urban Development) offers free help for homeowners, you shouldn’t expect them to pre-qualify or re-underwrite your loan modification, both are absolutely required for the best chance of success.

The banks will also tell you their help is free. It is. They also say you can do a loan modification without any help. You can. But if you happen to tell the bank the wrong thing, they misunderstand what you’ve told them, you somehow make a mistake on their forms, or if they make the mistake, you are denied.

And don’t forget, the bank is a debt collectors. If you’re having trouble paying, their job is to collect as much from you as they can. Then take your home if you cant get current, not help you find the best solution, pay less, and keep your home.

Working only with your bank is just like letting a fox watch the hen house.

There is help available. Some offer e-books, DVD courses and the like. This kind of thing will most likely educate you. But what helps folks the most is having someone there with them, available for help and advice during the Loan Modification process. That’s the purpose of your subscription to our Self Defense Program. It’s one of a kind, and has proven to be the most cost effective solution for folks seeking answers without paying thousands of dollars.

For a minimal monthly fee paid only while your in the process, our staff will walk with you down the path of a loan modification, direct you when you find a road block, and arrow point you thru the rest of the process. One of the primary missions of I Beat My Bank is to help you position yourself to have the highest chance of success modifying your mortgage loan. To put it simply, we’ve found there are only a few things needed for you to find success doing your own Loan Modification:

The control of handling the process yourself
The right answers to your questions
Some advice on how to present yourself on paper and disclose your budget
Suggestions on how to negotiate

Of course we also provide these same services for clients who prefer to have us do the work for them. We can also refer you to an attorney who’s area of expertise is foreclosure defense. But for the most part, just think of us as a big brother or big sister who is there for you as you work thru the process yourself.

Programs: Click here for Pricing Page

1). doityourself....................................................................................................................................................................$69.99

2). youdoitwithus..............................................................................................................................................................$159.99

3). wedoitforyou................................................................................................................................................................$1895.00