Stuck in a high interest rate Wachovia mortgage and need help fast?  The Federal loan modification program may be the answer you need to avoid a short sale or foreclosure.  This plan is subsidized by the Treasury Department with $75 billion dollars of stimulus money.  You may be one of the approximately 4 million homeowners who could benefit-find out how to get started now.

A Wachovia loan modification using the Federal plan requires that you be able to meet standard approval guidelines.  You will be asked a few questions first to determine if you can apply:

1. Do you live in the home as your primary residence?
2. Was your loan taken out before January 1, 2009?
3. Is your loan amount less than $729,750?
4. Does your current mortgage payment-including taxes, insurance and homeowners due-equal more than 31% of your gross monthly income?
5. Are you facing financial hardship?

Did you answer yes to all of those questions?  If so, then you need to take the next step and complete the Wachovia loan modification application.  You will be asked to write a description of your financial situation in a hardship letter.  You must cover 3 critical elements in this letter, get help to write your own letter in Chapter 3 of The Complete Loan Modification Guide, a home edition kit written for borrowers.

You also need to complete a financial statement, or budget, that details all of your income and expenses.  This form and how you complete it could make or break your modification.  Wachovia will carefully review your information to determine if you meet the debt ratio guidelines and show enough disposable income.  Do you know the debt ratio guidelines and how to calculate your own debt ratio?  What is the right amount of disposable income?  Get help with the detailed instructions in the best selling handbook for homeowners, The Complete Loan Modification Guide.

Many Wachovia customers have been frustrated by the lenders responses in the past, however now that they Federal plan is being implemented, borrowers have a second chance to get the loan modification they need and deserve.  There is no time to waste, this program is only available for a limited time and funds can run out.  Don’t miss out on this chance-learn, prepare, then apply for the loan workout you need. 

You can get the help you need to apply and qualify for a Wachovia loan modification by ordering the best selling handbook for homeowners, The Complete Loan Modification Guide. This is a low cost, easy to read, home edition loan mod kit that will provide you with everything you need to prepare a professional and acceptable loan modification application. You are provided with all of the necessary forms and given detailed directions on how to complete them properly. The Complete Loan Modification Guide will take you step by step through calculating your debt ratio, completing the financial statements, writing your hardship letter and then putting it all together to submit to your lender.

Home Edition Loan Modification Kit with Customer Assist

 Learn how to qualify for the Obama Federal loan modification plan.

Need help completing your loan modification forms?  Find out about our Customer Assist program-you work one-on-one with your very own expert to make sure your application is completed correctly. Get started today on the path to secure home ownership, order The Complete Loan Modification Guide, your loan mod in a box. For more information about mortgage loan modification, please visit us at: http://www.myloanmodificationcenter.com