Stop Foreclosure Options - Mortgage Restructuring

Released on: April 18, 2008, 11:58 pm

Press Release Author: SaveMeFromForeclosure.com

Industry: Real Estate

Press Release Summary: "Make Sure You Meet the Minimum Requirements"

Press Release Body: SaveMeFromForeclosure.com, LLC a proven leader in the
foreclosure prevention services industry continues to share valuable information to
consumers facing foreclosure and other housing industry related matters.
SaveMeFromForeclosure.com, LLC explains the process of mortgage restructuring to
save a home from foreclosure, by providing information on the mortgage restructuring
requirements.

SaveMeFromForeclosure.com, LLC offers valuable information to homeowners facing
foreclosure during this time of a nationwide epidemic of foreclosures. Understanding
the loan process helps homeowners understand their responsibilities as it relates to
the mortgage. "Homeowners must understand that they have to prove themselves to
lenders when trying to restructure a mortgage in an attempt to save their home from
foreclosure," says Justin Lee CEO of SaveMeFromForeclosure.com, LLC. Understanding
that premise allows homeowners to understand that an attempt to restructure a loan
has different requirements from those of a first time home buyer. The homeowner has
to prove they can afford the new monthly payments, and that their circumstances
which caused the set back in payments have changed.

Damaged credit is also a factor in the restructuring process, and can prove to be
quite troublesome. With traditional loans not tailored for consumers with credit
issues, homeowners find themselves optioned with loans with significantly higher
interest rates resulting in higher monthly payments. With the surge of foreclosures
and government intervention, many lenders have imposed much stricter guidelines in
their approval process. Additionally, homeowners must make sure they have the money
for closing costs and other costs associated with restructuring.
SaveMeFromForeclosure.com, LLC offers solid information consultation, and strategies
to assist homeowners. More information is available on the website
http://www.SaveMeFromForeclosure.com

More Information about SaveMeFromForeclosure.com, LLC:
SaveMeFromForeclosure.com, LLC is a forerunner in the foreclosure prevention service
industry, helping people to save their homes. Their experience along with the
passion to help homeowners through this extremely challenging time sets them far
apart from the competition. More information is available on the website
http://www.SaveMeFromForeclosure.com or by calling 1-888-472-8380.

Contact details
Penny Fletcher
SaveMeFromForeclosure.com, LLC
1685 H. ST., #679
Blaine, WA 98230
Ph: 360-306-5933
E-Mail: penny@SaveMeFromForeclosure.com
This PR has been submitted by TrafficMagicians.com


Web Site: http://www.savemefromforeclosure.com

Contact Details: SaveMeFromForeclosure.com
1685 H Street #679,
Blaine, WA 98230,
USA
T: 604-714-0490
E: info@savemefromforeclosure.com

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