Contra Costa County has seen its share of difficulty in the housing market. RealtyTrac reported that a staggering 1 in every 41 homes in Brentwood received a foreclosure filing in December 2009! If you fear you are at risk of losing your home, it may not be too late to get help. HomeStart will determine if concerned homeowners in the area qualify for a loan modification and find the best solution to keep them in their homes!
Now more than ever, lenders are willing to renegotiate the loan terms. Not only do lenders save more money by modifying a loan than foreclosing on a property, but President Obama’s new Homeowner and Stability Plan (HASP) further incentivizes lenders to offer loan modifications. These loan modifications entail permanent adjustments to the loan terms that can allow homeowners to maintain their mortgage payments and keep their homes. HomeStart will determine if you qualify for a loan modification and get the process started with no upfront fees.
Why choose HomeStart?
HomeStart is accredited by the BBB and does not collect any upfront fees. As one of the few loan modification companies with an A+ grade from the BBB and strong relationships with the largest mortgage lenders, HomeStart is a trusted company. Our goal is to provide the best solution to prevent foreclosure.
Here is an example of a recent loan modification performed by HomeStart:
Property in California
Total monthly savings of $1,132.38/month
- Primary Residence:
Loan amount of $298,819 with an interest rate of 5.875% and monthly mortgage payments of $2,445.30.
- Modified to:
Interest Rate of 3.875% and new monthly mortgage payments of $1,312.92 fixed for 5 years; final interest rate of 5.375% and $1,481.94 monthly payments.
For more information please visit www.YourHomestart.com