Avoiding Loan/Mortgage Modification Fraud, Santa Clarita, Ca.
Never pay anyone upfront to do a loan/ mortage modification for you.
Day in and day out I am constantly hearing stories in Santa Clarita and the surrounding areas about
loan/ mortgage mortification fraud. You can do a loan/mortgage modification through your mortgage companies yourself. You do not need to pay anyone to do it for you. If you do decide you need help, pay the person after they get you results. Keep in mind that most mortgage companies want you to become delinquent on your mortgage before they will do the modification.
With nearly 1 in 6 homeowners unable to pay their mortgages, understand that you are not alone.
Knowing your legitimate foreclosure-avoidance options is the best way to fight this terrible trend. The last thing struggling homeowners need is to be victimized by fraud. Sadly, some people are preying on those who need help the most. Today, the real estate industry is the newest, biggest target for predatory schemes. In fact, the U.S. Attorney General, Eric Holder, stated that mortgage fraud cases are 400 percent higher than they were five years ago.