About Us
Michigan Mortgage Modification LLC has a singular mission:
“As a loan modification company in Michigan, we pledge to serve struggling and at-risk homeowners by helping them secure affordable mortgage payment terms that allow them to stay in their homes and avoid foreclosure now, and in the future. We will make every effort to assist any client that expresses a sincere desire to keep their home and a willingness to take ownership of their financial future.”
At Michigan Mortgage Modification LLC, you will never be subjected to outlandish claims or empty promises. Rather, our focus is on you, our client. We empower our clients with the knowledge to take control of their finances, to truly understand their options and make informed decisions. Most importantly, by working collaboratively with you to obtain the best loan modification for your particular situation, we can help you reclaim some much deserved peace of mind, preserve or restore your credit rating and secure your future in your home.
Thank you for taking the time to learn more about Michigan Mortgage Modification and we look forward to assisting you in wheter you need to stop foreclosure, or simply a reduction in your mortgage payment.
Tell Us What You Think...
{ 4 comments… read them below or add one }
I filed for bankruptcy over two years ago in order to save our house. I am now falling behind on my trustee payments because they are outrageously high. If I convert my Chapter 13 to a Chapter 7, I will lose the protection on my house. Is there anyway you would be able to help me get my mortgage back to an acceptable monthly payment? We have owned our home for over 20 years. Thank you.
Patricia, the modified mortgage payment will depend on your income. Switching to a Chapter 7 is a good thing as far as I’m concerned because it relieves you of the financial liability to your mortgage. While you’re in Bankruptcy, Chapter 7 or Chapter 13, the mortgage servicer will not persu foreclosure. However, when attempting a modification during bankruptcy, you have to deal with the banks bankruptcy department directly and not the loss mititgation department. This makes things a bit more difficult to navigate but we help homeowners in bankruptcy everyday. Give us a call at the office or set an appointment so we can go over your income and see if a loan modification makes sense for you. I hope this helps and thanks for commenting.
Hi. I saw the article on your moving to Pontiac in today’s paper. I think it is great for you to support the city and wish you the best there. On modifications:
1). How can you cut through the bank’s paperwork shuffle and redtape (I have mortgage with Fifth Third) to get some action on reducing an interest rate or lowering a monthly payment when these places seem unwilling to help their own customers? Several months ago (before I had any late payments) I called to inquire about a streamline refi and was told all was good but the equity was not there for a 125% refi. Was told to wait as home values were increasing. Around the holidays as a self employed Michigan business my prsonal income started to fall (no one wanted to pay their bills but were all willing to spend money like mad on their friends and families for holiday gifts). To make long story short I became late on payments for 3 months but always no more than 30 or 45 days (basically fell about a month behind). Called 5/3 yesterday to ask again about stremline refi and was told :sorry you now have late payment history so no more chance as refi but you can only go for modification.”
Banks don’t want to help you with simple stuff when you are current and then it becomes too late for the easy refi once you really need help once you fall behing by one payment or two. How can you make things happen when the banks just seem to give folks the run around????
2). What is you fee for accomplishing a loan mod for a customer?
3) Is there no hope for a simple refi when you have late payment history?
Thank you for your time to answer.
Gary
Gary, I totally understand your frustration but there is one thing that I want you to keep in mind, your bank, Fifth/Third, Bank of America, Chase, it doesn’t matter who they are, is not going to give you the blueprint that will show you how to reduce their earning power. While they don’t want to own your home, they also want to lose as little money as possible. Unfortunately, they would rather you blled yourself dry of every penny you have before they help you just so they know they did everything they possibly could to protect their profitability. They know that homeowner’s don’t know what I know and that’s why they caution you against hiring a company like mine and offer you the great help that you’ve already received.
As far as I’m concerned you are a perfect modification client for three very important reasons;
1. You owe more on your home than it’s worth and the bank does not want to own it
2. You have a good economic hardship
3. You are self employed and are in control of how your income is reported
That is a recipe for loan modifciation success if I ever saw one. The only missing ingreedient may be that you’re current with your payment but that can only last for so long during these tough times. I’d like to talk to you more about your situation so please call the office or set an appointment as I think there is an opportunity here.