Quint Cobb Foreclosure Relief
FHA Loans Foreclosure Relief Quint Cobb
Website www.quintcobb.com
Info www.quintcobb.wordpress.com
Mortgage Relief Services
Mortgage Relief Service is the process of achieving change in the loan contract agreed to by the lender and the borrower. The mortgage relief services getting attention now are those designed to reduce the principle balance and or interest rate and payment on homeowners mortgages.
Homeowners that are interested in either reducing their principle balance and or interest rate and mortgage payment (whether they are delinquent on their mortgage or not) should request professional mortgage relief assistance.
Homeowners are unlikely to get such a change unless they ask, and homeowners should also make the investment required to make their case as clearly as possible and most importantly seek professional assistance to insure the most favorable outcome possible.
The stakes are very high: your house and your credit.
In most cases, the decision on mortgage relief is not made by the firm that owns the loan. It is made by a firm servicing the loan under contract to the owner. The owner could be a single lender, or it could be a group of investors who own pieces of a mortgage-backed security collateralized by a pool of loans. Every servicing company and every lender has different guidelines that they follow when it comes to signing off on mortgage relief. This is why working with a professional and experienced mortgage relief servicing company is essential.
Whoever owns the loan (whether it is a lender or a group of lenders), the servicing firm is contractually obligated to find the solution to payment problems that will minimize loss to the owner. If the lowest-cost solution is a mortgage relief agreement, that's great -- everyone involved prefers a mortgage relief agreement instead of a foreclosure. But if a foreclosure would generate lower costs for the owner, the decision will be to foreclose. The cost of foreclosure to the borrower does not enter the decision.
Yet the decision is far from cut and dried, and it can be materially affected by whether and how the borrower presents his case.
That is why homeowners faced with this prospect, whether they are delinquent or not, should request professional Mortgage Relief Assistance.
About Quint Cobb & Associates
Quint Cobb & Associates specialize in Residential and Commercial Financing, Investment Planning and Mortgage Relief Assistance in all 50 States.
Our team of mortgage analysts, attorneys, negotiators, processors and underwriters are chosen from the top 1% of their industries.
Quint Cobb and Quint Cobb & Associates Foreclosure Relief
FHA Loans Foreclosure Relief Quint Cobb
Website www.quintcobb.com
Info www.quintcobb.wordpress.com
Mortgage Relief Services
Mortgage Relief Service is the process of achieving change in the loan contract agreed to by the lender and the borrower. The mortgage relief services getting attention now are those designed to reduce the principle balance and or interest rate and payment on homeowners mortgages.
Homeowners that are interested in either reducing their principle balance and or interest rate and mortgage payment (whether they are delinquent on their mortgage or not) should request professional mortgage relief assistance.
Homeowners are unlikely to get such a change unless they ask, and homeowners should also make the investment required to make their case as clearly as possible and most importantly seek professional assistance to insure the most favorable outcome possible.
The stakes are very high: your house and your credit.
In most cases, the decision on mortgage relief is not made by the firm that owns the loan. It is made by a firm servicing the loan under contract to the owner. The owner could be a single lender, or it could be a group of investors who own pieces of a mortgage-backed security collateralized by a pool of loans. Every servicing company and every lender has different guidelines that they follow when it comes to signing off on mortgage relief. This is why working with a professional and experienced mortgage relief servicing company is essential.
Whoever owns the loan (whether it is a lender or a group of lenders), the servicing firm is contractually obligated to find the solution to payment problems that will minimize loss to the owner. If the lowest-cost solution is a mortgage relief agreement, that's great -- everyone involved prefers a mortgage relief agreement instead of a foreclosure. But if a foreclosure would generate lower costs for the owner, the decision will be to foreclose. The cost of foreclosure to the borrower does not enter the decision.
Yet the decision is far from cut and dried, and it can be materially affected by whether and how the borrower presents his case.
That is why homeowners faced with this prospect, whether they are delinquent or not, should request professional Mortgage Relief Assistance.
About Quint Cobb & Associates
Quint Cobb & Associates specialize in Residential and Commercial Financing, Investment Planning and Mortgage Relief Assistance in all 50 States.
Our team of mortgage analysts, attorneys, negotiators, processors and underwriters are chosen from the top 1% of their industries.
Quint Cobb and Quint Cobb & Associates Foreclosure Relief