SAN DIEGO, April 5, 2013 /PRNewswire-iReach/ -- LoanSafeMods.com now features a number of REST review videos that feature the success stories of homeowners who were able to save their homes with the assistance of the REST Report. The REST (Real Estate Services and Technology) Report is a third party analytics tool that helps to show both the borrower and lender exactly what modification programs the mortgage situation qualifies for and exactly why they qualify for those programs.
The REST Report, available through LoanSafeMods.com, takes the information provided by the homeowner and runs it against all the current qualifying criteria issued by programs such as the HAMP, HARP and other government and proprietary loan work out programs. This analysis takes less than three days and can give the homeowner peace of mind because they know what they qualify for, if anything, before they submit their modification application package to their lender and they won't have to wait for months or even years only to find out whether their request is either confirmed or denied.
The REST reviews featured on LoanSafeMods.com all come from homeowners who had previously struggled with their mortgage modification process. Many of them had to resubmit their application several times because their banks kept losing their information. Although lenders are now required to grant loan modification to qualifying homeowners, by law, many homeowners experience such major delays that they give up and decide to settle for a short sale or foreclosure.
These delays are often not intentional on the lenders part, but because there are so many requests to process and often not enough experienced staff to handle and review the amount of requests, it is difficult for lenders to process all of the modifications in a timely fashion. This is where the REST Analysis can really help.
The REST can show the bank or lender whether or not the application qualifies in a glance. The REST is a trusted analysis tool that can even be used as evidence in a court of law, so showing the REST Results to the lender can really help to make their job of deciding whether or not the application should be approved a much easier task.
The REST organizes all the pertinent financial information in the order which the lender needs to view it in order to make sense of the application. Having this organized info available can help avoid unnecessary delays in modification approvals.
So far the REST analysis has helped thousands of homeowners to get the mortgage modifications that they deserve and thousands more homeowners who are currently struggling with their modification process or who are thinking about applying for a modification for the first time, could definitely stand to benefit from taking advantage of this wonderful analytics tool.
Patrick Miller LoanSafeMods.com, 1-800-519-1887, firstname.lastname@example.org
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