My bank told me that I’m not eligible for HAMP and I don’t qualify for a loan modification. What should I do?

To qualify for HAMP or other modifications, there is a very specific formula that is used. If your income or expenses are too high or too low, or a myriad of other factors, the bank will simply reject the application. Unfortunately, when homeowners are told they don’t qualify for a modification, the bank offers little or no assistance to help them.

At Loan Lawyers, we have helped thousands of South Florida homeowners procure HAMP and private in-house modifications, resulting in significant reductions in their mortgage payments. Many of the homeowners that we have helped get modifications have previously been denied by their banks, through NACA, or through other law firms or modification centers. In addition, we often appeal modification denials many times until we are successful. While there is no guarantee that every homeowner will get a modification, we tell our clients that if there is a way to get a modification, then we call help you get it.