Mitigation Online Consultants strives to be the leading provider of loss mitigation services in the United States. We are a consortium of professionals dedicated to creating a situation that works for each of our clients and their unique needs and circumstances.
We at Mitigation Online Consultants feel that foreclosure is a process that should only be considered as a last resort method and should not be initiated until all other relief options have been exhausted. A loan modification, also known as mortgage mediation, is a permanent change in one or more of the terms of a mortgagor's loan, allowing the loan to be reinstated in a practical format that the lender can afford to maintain. A loan modification is in the best interest of both the mortgagee and the mortgagor, as both parties suffer less of a financial loss and much less hardship through the process.
To better understand if you qualify for a loan modification to prevent foreclosure ask yourself a few questions:
1. Can you make your regular mortgage payments consecutively?
2. Are you currently living in your home?
3. Have you recovered from the financial hardship that caused you to get behind?
If you feel that you have not explored every possible option to prevent foreclosure, contact Mitigation Online Consultants today and rediscover your peace of mind.