SAN DIEGO, April 21, 2013 /PRNewswire-iReach/ -- LoanSafeMods.com's team of homeowner advocates can help property owners to get the mortgage modifications that they deserve. By utilizing the REST Report (Real Estate Services and Technology Report) the team at LoanSafeMods can help educate homeowners on what their options are when it comes to foreclosure alternatives.
The REST Report, a trusted third party analysis tool, is able to do this by comparing information on the homeowner's mortgage and finances with data on the qualifying requirements for all currently available government and proprietary loan work out programs. This gives the homeowner all the information that they need to confidently apply for a mortgage modification from their loan servicer.
Thousands of homes have already been saved by owners who have found and utilized the REST Report. The report is a powerful tool for homeowners and offers many benefits to those who use it.
One of the most immediate benefits is that it takes all the guesswork out of the loan modification process. Since the analysis from the REST Report is available within just a few short days, there is no longer any need to wait for months to find out if the application for the modification was granted or denied.
Another benefit is that if the REST Report shows a failing result it will also show the homeowner exactly what areas did not meet the qualifying criteria. This gives the homeowner a chance to work on those areas before they submit their request. Homeowners without the REST in a similar situation would have no idea what caused their request to be denied. It could be a big problem such as failing in a number of key areas or it could be something as simple as a typo on the application.
However, one of the greatest benefits of getting a REST Report done is that it can help to convince the bank to treat homeowners fairly and approve their mortgage modifications without delay. Because the REST Report organizes all the information in the order that the bank needs to see it and streamlines the application, the bank should have no problem seeing that the mortgage qualifies for the modification.
If there does happen to be a problem and the bank refuses to grant a modification to a homeowner that should have qualified for one, the REST is so accurate and trustworthy that it can be used as undeniable proof in a court of law if the homeowner decides to take legal action against the bank for their decision.
These benefits make the REST an extremely powerful tool for homeowners who are thinking about applying for mortgage modifications. For more information on how the REST Report works, please visit LoanSafeMods.com.
Patrick Miller, LoanSafeMods.com, 1-800-519-1887, firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com