Tag Archives: bank
Bank of America Loan Modification Mods Are On The Rise
Bank of America Loan Modification is definitely on the rise. They have aggressively started modifying their borrowers loans to try and keep these notes as performing assets.
This is great news for Countrywide borrowers who will soon make the switch to Bank of America. It is estimated that it will take atleast a couple months from now to transition most of these borrowers over to the Bank of America system. Countrywides borrowers had 9 digit loan numbers, while B of A’s customers have 10 digit loan numbers.
What does this all mean? Well, if you statement is still a Countrywide statement then you’ll have to wait until you get your new loan number. Then, B of A will be able to look you up in the system. This is when you will be able to modify your loan.
There are services out there (only a few) that can actually call up Bank of America and with only a few of your details see if you qualify for their new modification program. You will need your loan number (10 digits!), the last four numbers of your social, your property address and a one sentence hardship description. Once the modification company has this, they can call your lender and see if you qualify. If you do, you will be able to complete the whole modification process in as little as a week. This is almost unheard of today, only a couple other companies are doing this such as EMC.
To make things easier on you, the service can usually get the first payment pushed back atleast 30 days. Some people even can get it pushed back further. This will allow you to save up some money and prepare to make those mortgage payments.
You only have one shot to get a loan mod, so you better make it count. Go over all your finances and see where you can cut back and save. If you go into default after getting a loan mod, you are almost guaranteed to lose your home.
If you are looking for a Bank of America loan modification, just visit the links below for a service I highly recommend. They can get you approved and tell you what your new payments are going to be before you pay them a dime.
Cash loans now: ideal cash assistance to resolve emergencies
For expenses that you are least expecting, you must have the funds readily available. If not, then it can be termed as a precursor to a major financial crisis. But, raising the funds through external resources is something, which seems to be quite improbable, considering the circumstances. As you need the funds within a short span of time, it would be optimal for you to rely upon cash loans now. With this option of the loans, you can instantly derive the funds to get rid off the odd necessities.
The great benefit of availing these loans is that you get to attain the much needed funds at a moments notice. In fact, the loan amount required is automatically transferred in to your bank account. Based on your specific need and requirement, you are free to avail any amount in the range of $100-$1500 for a tenure that spans over a period of 2-4 weeks. As a matter of fact, the loan amount approved is largely based on the monthly income that you bring home at the end of the month.
While availing these loans, there is no need to attach any asset as collateral. Moreover, even with multiple credit defaults, you can easily avail the loans, as it sanctioned without any credit check. But, prior to the availing of the loans, you will have to fulfil certain preconditions. In this context:-
You must be a resident of USA with a fixed monthly income
The income raised should be at least $1000
Access to a certified bank account
Age should be more than 18 years
On fulfilling the minor credentials, you can easily acquire the funds. Further, always remember that these are short term loans and so the interest rate charged is marginally high. But on making sure to compare the quotes, prior to the availing of the loans, will certainly help you get access to lucrative offers.
Therefore with the provision of cash loans, you can instantly obtain the funds to settle your emergency needs and demands.