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Loan Modification is a negotiated change in the terms of a mortgage, to meet the current situation of the homeowner.
Our legal department will negotiate with your current lender to Lower Your Interest Rate, Lower Your Payment, Forgive Past Due Balances, Elminate Late Fees and Even Lower Your Principal Balance.

5 Points
 

We stand behind our 100% service commitments, and we similarly ask that our legal service providers and counsel stand behind theirs. See our terms and conditions for our Refund Policy. Furthermore, our legal service providers will make every effort to uphold the highest standards of legal ethics and will provide professional hands-on services directly to you.

The most common question is obvious:  “Can I do this myself?” The answer is both yes and no. Of course, you can always contact your lender and attempt the process yourself.  However, there is a very good chance that you might not secure the same results that an experienced professional might otherwise achieve on your behalf.

For example, if you call your credit card company and they offered to forgive 25% of your outstanding balance, you may think that this is a favorable offer and quickly grab it. However, your professional debt arbitrator, who is knowledgeable of current market trends, may actually be able to achieve as much as 85% off that same balance (with certain creditors). This applies equally to the mortgage industry, where the truth is that many institutional mortgage lenders tend to take professionals, and not laypeople, more seriously because they tend to be more experienced, aggressive and objective.

To be sure, this is not intended to discourage any homeowner from attempting to seek a loss mitigation solution directly with his/her lenders.  However, judging from the experiences of others who have done so, we have learned that this approach may not yield as successful and favorable of a resolution as one involving an experienced professional negotiating on your behalf.

For all of the above reasons and more, we are confident that we can deliver and make a difference for you.  So call us today for a free consultation and we will get the process started for you as soon as possible. 

If a modification isn't for you, we can offer you other options that will stop you from foreclosure.

 
 
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With this letter, I would like to personally say thanks to all the hardworking people who put their time and effort in helping me save my home. I must admit, I was skeptical especially with everything I was seeing in the news about scams. However, with being a couple of months behind on my mortgage payments, I had no other options than to trust that these people would save my home. Although lengthy, loan modification was the best decision I had made in a while. Loss Mitigation Advocates was able to consolidate all of my missed payments to the principal balance. They also removed the late fees and reduced my interest rate from 7.25% to 4.25%...! This gave me a fresh start and brought my payments down to what I could afford. I am saving $1,200 a month with the new interest rate alone! I can’t describe how grateful I am to Iris Lagos, at Loss Mitigation Advocates, who worked with me for the past three months. He walked me through the whole process and sent me updates on my case. I would strongly recommend this firm to everybody who is looking into getting their loan modified. Thanks again LMA!

Corazon A. Bautista

 

I heard about LMA through a friend who told me about their services. I was behind on my mortgage payments and was locked into a bad loan. After speaking to the friendly people at LMA they walked me through the process and told me everything I needed to know up-front. A couple weeks later they called me to tell me the good news about negotiating my loan, and almost 2 months later they had put me into a better loan that I could afford. I would highly recommend their professional service.

Rene Gustaviano

 

I called the law firm and spoke to one of the prequalification underwriters and they took very good care of me. Loss Mitigation Advocates communicated with me through the whole process that resulted in almost 50% reduction in our monthly mortgage payment. I recommend the services of Loss Mitigation Advocates to anyone that needs help with their home loan.

Ples & Cathy (Ramona, CA)

 

LMA is a great company with the most professional people I have experienced. My loan modification was smooth/fast process and I am very happy with the results.

John R. (St. Helena, CA)