Are Loan Modification Companies Scams? (1 of 2)

[surefireloanmod]

If you want help, email me directly and I'd be glad to point you in the right direction. I really don't think I could work with you, but I do understand what you are going through and would be glad to at least get you the facts and lay out your options.

[surefireloanmod]

Mark, unfortunately you didn't watch the Free videos or read any of the reports. If you did, you would know that the media is towing the line for the government and the government is towing the line for the banks, whose lobbyists have their claws in so deep, you won't get the real answers from mainstream media.

Pundits on all the channels tell you "don't pay for a loan mod", but the same news channels take loan mod company advertising money to run their ads. Once again get educated first.

[markcupshaw]

Ignorance? give me a break. Every news channel is screaming: "don't pay upfront fees" "don't trust anyone quoting success rates" "don't have a company do it for you" "call Acorn, they will help"

An Acorn rep quoted me the following: 1 month to be assigned a someone to handle my account, 2 weeks for the consumer counseling, then 3 months for an attorney. NOTice that if I am aleady two months behind, then I am now 2 months after the foreclosure sale. How does that help me?

Ignorance???

[surefireloanmod]

yes, ignorance. Did the ACORN rep also tell you that if they are actively negotiating a loan mod for you that the lender most times won't foreclose on the house ? Did you happen to ask them what would happen if the time it takes is longer than the foreclosure period in your state and what are your options ? Before you make any decisions make sure you get all the information. There are plenty of free agencies that should be able to help you. good luck

[surefireloanmod]

Mark I put our guarantee in writing. Not sure if you are asking these questions out of fear or ignorance, but we've provided free information to help make a decision. I think it best you find a different firm as I don't think it would be a good fit. Good luck.

[markcupshaw]

R U telling me that while the governments programs have a success rate of less than 9%, you can guarantee a success rate of 97%? Banks don't want to modify loans, they lose money. And a redefault rate of 1%??? I don't believe you. The default rate is near 50% as reported by the government. Do you have an attorney that I can talk to and that will put these claims in writing?

[surefireloanmod]

Mark, not sure what you are looking for, but you asked about results last time and our success rate is based on our screening of only taking files where we know we can help. Re: redefault rate. If someone's situation changes, like a job loss of course they may have trouble paying the mortgage. But if everything stays the same our clients don't default. That is the point of getting the best loan mod based on their situation. No need to argue with you. Maybe our firm isn't for you.

[surefireloanmod]

97% success rate (we prescreen thoroughly before taking files), less than 1% redefault rate

[markcupshaw]

Good question, gentlemen: "What are your results?"

[surefireloanmod]

97% success rate (we prescreen throughly before taking files) less than 1% redefault rate