What is the best way to get an affordable mortgage so you can stay in your home? Is a do it yourself Countrywide loan modification possible under Obama’s stimulus plan, called HAMP or Home Affordable Modification? The fact is that with this new federal program, it is easier than ever to get the help you need to modify your home loan into affordable payments. The key to success is to learn about the federal HAMP approval guidelines and prepare your application before contacting your lender. Here are some simple steps you can take to make sure you have the best chance of success.

Countrywide Loan Modification Approval Tips with HAMP:

1. Learn the HAMP guidelines for approval before completing your loan modification application paperwork. It’s pretty hard to qualify for something unless you know what the guidelines for acceptance are. Know the basics and then prepare your application so that it fits those guidelines. There is a standard 4 step formula that is used to decide if you qualify-you can use this very same formula with the help of a software program designed just for homeowners.
2. Gather all of your paperwork together so that you have everything at your fingertips. When you are organized and prepared,  you will have the confidence to call your lender and will avoid saying the wrong thing when speaking with Countrywide.
3. Use a document checklist and stacking order sheet so that you are certain your have provided your lender with a complete and acceptable Countrywide loan modification application the first time. There are certain forms and documents Countrywide must see to review your file. Millions of homeowners just like you are trying to get a loan workout, keep your file at the top of the stack and avoid delays by submitting a complete file.
4. Follow up once you submit your file to make sure it has been received, and then call every 7 days to check in and get the current status of your application. Even if your bank says it will take longer to get back to you, don’t wait for them to call you. Being persistent is the biggest key to success.

Federal Plan

The truth is that qualified homeowners will be offered a Countrywide loan modification under Obama’s stimulus plan, or HAMP. You must prove to your bank in black and white that you are qualified and make it easy for them to quickly approve you by providing everything they need to see from you all at once. The approval guidelines are standard for everyone-either you qualify or you don’t. When you work on your loan modification forms ahead of time you have the chance to make any adjustments necessary to assure that you meet the guidelines. The software for homeowners makes it easy-simply put in your own income and expenses and it does all the calculations for you and you see immediately if you need to make any adjustments to qualify. It just makes sense-learn, prepare and then apply.

Don’t take chances with your Countrywide loan modification application-save hours of frustration and confusion and avoid mistakes. The Complete Loan Modification Guide kit is the best selling do-it-yourself system that takes the guess work out of preparing your financial statement, hardship letter and all of the required forms your lender needs. You get an easy to use software program-Loan Mod Quick App-as well as an easy to understand handbook with step by step directions. Why take chances with your application? Simply input your unique financial information into the Loan Mod Quick App and it calculates it all for you! It couldn’t be easier-end the frustration-Visit myloanmodificationcenter.com and order today.