SAN DIEGO, April 20, 2013 /PRNewswire-iReach/ -- LoanSafeMods is a licensee of the REST Report, a trusted third party analysis tool that takes the guesswork out of the loan modification process and lets homeowners know exactly what they qualify for in as little as 48 to 72 hours. The REST Report (Real Estate Services And Technology Report) empowers homeowners to get the modifications they deserve by educating them about what options are available today.
Thousands of people of homes have already been save thanks to the benefits provided by the REST Report. However, many struggling homeowners are unaware that this powerful tool even exists. For these people, the modification can be a very scary time. They will usually have to blindly submit their request and then cross their fingers and wait for up to 12 months before they find out if their request for a mortgage modification has been approved or denied.
The team at LoanSafeMods has this to say about that situation, "The challenge is, most people don't realize that the bank (servicer) stands to make up to 3-5 times as much by not approving your loan modification. It's the investor that benefits from successfully modifying your loan, not the bank. With the REST Report, you are showing un-deniable proof that the numbers make sense for the investor that owns your loan."
As is made clear by this statement, the REST doesn't only help the homeowner to see what modifications they can qualify for, it also shows the servicer why the mortgage qualifies. This can speed up processing times so that homeowners can start enjoying lower monthly mortgage rates faster.
The REST also organizes and streamlines the homeowner's modification application, which also contributes to speedy approval of the request. However, in some cases the loan servicer may still decide to deny approval of the modification. If this is the case, the REST Report is such a respected and trusted analysis tool that it can be used as if the homeowner decides to take the bank's decision to court.
The team at LoanSafeMods not only helps to connect property owners who are facing foreclosure to the REST Report, but they also help to walk them through the submission process, ensuring that everything is done correctly so that the approval of the modification will be expedited.
For more information on the REST Report, please visit LoanSafeMods.com.
Patrick Miller, LoanSafeMods.com, 1-800-519-1887, email@example.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com