FHN's Home Loan Modification Services Helps Reducing Monthly Home Mortgage Payments That Can Prevent Foreclosure & Help Struggling Homeowners

New York (PRWEB) June 13, 2010 -- Homeowners across the U.S. are still feeling the crunch from the housing bubble that hit the country back in 2008. A large number of homeowners have found themselves unable to make home mortgage payments, and many have lost their homes to foreclosure. In these hard times, getting your home loan modified may be the best option.

FHN Realty & Appraisal Loan Modification Services (http://fhnra.com/home-loan-modification/AboutUs.aspx) backed by the law offices of Spiegel & LaGarenne L.L.P, offers a promising solution to homeowners at risk of losing their homes. A loan modification is a contract between a lender and borrower to restructure the mortgage. It is designed to help struggling homeowners meet their financial obligations. FHN Home Loan Modification Services helps homeowners negotiate better rates with their lenders and avoid drastic measures such as foreclosure.

The team is led by Robert J. LaGarenne and Edward H. Spiegel, established real estate attorneys who have handled successful loan modifications. They have been in the business for over 20 years and have established contacts with all major American lenders. The rest of the team consists of experienced personnel, mortgage and real estate professionals, and hardship analysts, all of whom ensure full representation for homeowners in financial trouble.

The loan modification process starts with a financial review. The Loan Modification team will review the borrower's financial situation and history, ask for supporting documents, and then will work out a customized negotiation plan. Also, where appropriate, part of the plan is to review the original loan documents for violations of the Federal Real Estate Settlement Procedures Act, which can be used as leverage during the appeal. The team then sends the application to the lender and begins negotiations.

FHN Home Loan Modification Department takes pride in its aggressive yet measured approach to the loan modification process. All clients are fully informed of their options, and are guided through the application from start to finish. Unlike others, FHN will keep negotiating until lenders make a reasonable offer. FHN has successfully negotiated interest rates to as low as 2.5%, and can STOP A FORECLOSURE SALE even after the homeowner has received the notice of sale.

The real estate crisis has caused a significant rise in loan modification applications, and subsequently in loan modification firms. But FHN Loan Modification Services has a clear head start and unlike many companies, is backed by attorneys with experience who can discuss all modification and legal options.

For free consultation or to start the loan modification process, homeowners can reach us at (516) 208-5454 or visit http://fhnra.com/home-loan-modification/

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