For A+ BBB Los Angeles Mortgage Loan Modification Services in California CLICK HERE
President Barack Obama and his administration launched their loan modification program in April 2009, and now it is finally starting to take off. The US Treasure Department is also encouraged by the new loan modification program which will include 3 of the nation's largest banks including JPMorgan Chase, Wells Fargo, and Citigroup as some of the first to sign up for the new President Obama's new loan modification program.
These banks have already began the loan modification process under the program that kicked off earlier this year. HomeStart is one of the few loan modification companies to have the accredited A+ rating from the Better Business Bureau (BBB), and licensed by the California Department of Real Estate (DRE).
Anguished homeowners have enthusiastically been awaiting the mortgage loan modification program's launch since it was first announced by President Obama on February 18, 2009. The loan modification plan will call for the servicer to reduce interest rates low enough so that their monthly obligation is no more than 38% of a borrower's income before taxes, and then the government would be able to put in money to allow the payments to drop down to 31% of their income.
HomeStart's experience working in the loan modification industry since day 1 has provided them with great expertise in working through even the most "difficult applications" and terms. Due to HomeStart's hard work and persistent professionalism they have been able to establish a solid reputation and look forward to serving many more.
For more information please visit www.YourHomestart.com
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