Behind On Your Mortgage? Program Offers Relief in 29 Minutes
Matthews, NC (PRWEB) August 2, 2007 -- Homeowners who find themselves behind on mortgage payments have a new program to help stop foreclosure. A group known as the Mortgage Relief House has published a package with critical information and forms to help homeowners get back to current status. Developed with the nation's largest consumer law firm, the program has received high marks with lenders and borrowers.
The package, entitled "29 Minutes to Current," has the homeowner listen to a CD with critical information about how to work with their mortgage company, and 2 essential forms to fill out. The documents are then sent to the lender, and typically lead to a workout solution where the mortgage company either modifies the loan to a current status or allows them to catch it up over time. Since lenders would rather see their homeowners return to making timely payments, they are receptive to the program. The housing counselors who authored the program claim that families can be on their way back to current status in just 29 minutes.
Shelly Wells, a national mortgage lender says, "We're pleased to see an all-in-one package like this. When the forms come in, they speed up the approval process for a plan the homeowner can afford. We get a quick glimpse of the situation at home, and work toward a solution."
The package includes a list of 17 ways to raise cash. The foreclosure time periods for each state are explained. It even advises how to respond if your mortgage company acts rudely. Priced under $200, the 29 Minutes program could be the thrifty choice to paying it all up at once or hiring a bankruptcy lawyer.
For more information on this program call 866-530-9943.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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