It’s simple really.
If you’ve had an unexpected life event that is causing you and unforeseen financial hardship which will make it difficult to continue making payments on your home, or are in an adjustable rate loan and your payment is set to adjust or has already adjusted and the appraised/estimated market value for your home has decreased to a point where it is less than the principal balance on your loan, the lender is willing to analyze your current financial situation and make a decision on whether or not it is economically feasible to write down your principal balance and/or your interest rate/term thereby allowing you to stay in your home and avoid foreclosure.
The Compass Group’s Loan Modification and Short Refinance Program can help you just as we have helped others in similar or even worse circumstances.
Our company specializes in helping homeowners across the nation find alternatives to foreclosure and the loss of their home.
Our objective is to make sure that you realize, no matter how bad your situation might be foreclosure may be avoided if you take swift action.
Working together with you and your lender, we may be able to resolve your delinquency (or potential delinquency) without you having to lose your home.
We have the skill, knowledge, expertise and contacts to allow you the greatest chance at achieving the result you desire. We are Home Retention Specialists. Our service is designed to avoid a possible foreclosure by assisting you prior to the foreclosure process by negotiating on your behalf a modification of your existing loan(s) or short refinance of your home.
Although we may be able to assist you, our services are not necessarily designed to remove your home from foreclosed status.