If you need a loan modification to stay in your home, the new Obama federal plan may be the answer.  This is a very aggressive, standardized program that the Treasury Department is subsidizing with participating lenders actually getting paid to modify loans.  At last a real solution for almost 5 million homeowners who meet the approval requirements.  Here is a list of the banks that are already approved and offering the plan to their eligible borrowers.

Approved lenders for the Obama federal loan modification plan, Home Affordable Loan Modfication:

1. Bank of America
2. Carrington Mortgage Services
3. Chase Financial
4. CitiMortgage
5. Countrywide Home Loans
6. GMAC Mortgage
7. Green Tree Servicing
8. Home Loan Services
9. Ocwen Financial Corp
10. Saxon Mortgage Services
11. Select Portfolio Servicing
12. Wells Fargo Bnak
13. Wilshire Credit

If you lender is not on the list, don’t worry-they soon will be.  Most banks are starting to accept applications for this federal loan modification while they wait for final approval, so now is the time to get in the system.  There will be a huge demand from homeowners seeking help, the sooner you start the loan modification process the better. 

If you lender is on the list, make sure you know how to meet the approval guidelines before you call them.  You don’t want to unknowingly say or do the wrong thing that could result in denial.  When you take the time to learn and prepare your application and loan modification forms ahead of time, you are giving yourself time to adjust and fine tune your paperwork so that you know it fits within the approval criteria.  It’s only common sense-being up to speed on what you need to say and how to complete the application will give you the best chance at success.  This could be your one-time chance-you are only allowed to apply for this program one time-so make sure you do it right!

Home Edition Loan Modification Kit with Customer Assist

You can get the help you need to apply and qualify for this loan modification program by ordering and downloading 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. 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 and download The Complete Loan Modification Guide. For more information about mortgage loan modification, please visit us at: http://www.myloanmodificationcenter.com