Professional Loan Consultants, Inc. helps homeowners with the HAMP program. The Home Affordable Modification Program is the Obama Administration’s new loan modification program aimed at sustaining communities by providing homeowners with affordable loans. HAMP is based on the simple fact that foreclosures are costly for nearly all involved: homeowners, mortgage lenders and investors, and communities across the country. The program requires servicers to do what is in the best interest of their customers—lenders and investors—by requiring them to offer modifications in a consistent manner on all loans for which they are responsible when modification maximizes the net present value of a mortgage compared to foreclosure. To find out more about loan modifications, deed in lieu of foreclosure, the foreclosure process, click here .
To get started in the HAMP program with PLC, click here or you may call us at 888-863-1717.