IDENTIFY THE “PRELIMS”
MRS offers to assist you in gathering all items for submission including hardship letters, financial statements (pay stubs, W2 forms, tax returns, bank statements, loan application, etc). MRS ensures completeness of the engagement package and after reviewing your information, we will provide you with an initial assessment of your loan documentation.
DEPLOY LEGAL SERVICES
Your attorney will schedule a consultation to determine the possible outcomes of your loan modification. If you elect to move forward, your attorney will then contact your lender. Further action includes case preparation, negotiations, potential terms and reaching a final agreement.
CASE SUBMISSION & NEGOTIATIONS
After a mortgage loan modification package has been submitted to the lender's Loss Mitigation Department, the documents are reviewed and negotiations may begin. Due to the overwhelming requests for loan modifications, however, it may take months before a case is fully resolved.
MANAGE THE PROCESS
MRS will help you manage - we are there from your initial interview, giving you a single point of contact and adding peace of mind.
WORK WITH A TRUSTED COMPANY
One of the biggest dangers is paying a loan modification company directly and in full. Not everyone qualifies and other scams include schemes like transferring title. Call Loss mitigation (or HOPE) dept. to confirm if they working on your loan. Mortgage Resolution Specialists is a leading and reputable provider of loan modification assistance to homeowners nationwide.
Mortgage Resolution Specialists is a leading and reputable, attorney-based provider of loan modification assistance to borrowers facing foreclosure. MRS guides homeowners through the loan workout process using an effective approach that includes legal referrals to skilled attorneys experienced in mortgage law and lender negotiations.
In addition to external counsel guidance, Mortgage Resolution Specialists offer a number of preliminary paralegal services to help our clients prepare for their meeting with an attorney to address their mortgage-related issues. These preliminary paralegal services include:
- Document review
- Case binder set up and review
- Financial Analysis
- An Appraisal Valuation Module (AVM)
- Credit Report
- Qualified Written Request
All of these services help to stream line the process and prepare the client to address their mortgage issues.
Mortgage Resolution Specialists does not perform loan modifications or practice law. Mortgage Resolution Specialists is a company that provides preliminary case set up and review to help prepare homeowners for their meeting with an attorney in regards to addressing their mortgage related issues.
MORTGAGE RESOLUTION SPECIALISTS
East Bay Office
Contact: Bing Magpayo
Cell: 650-219-6064
Office: 510-889-8801
Mailing Address:
#29901 Sugar Maple Court
Hayward, CA 94544
Peninsula Office
Contact: Alex Abela
Cell: 650-455-3924
Office: 650-342-9438
Mailing Address:
1091 Industrial Road, Suite 225
San Carlos, CA 94070
