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A Loan Modification is a permanent change when one or more of the terms of a mortgagor's loan is put into place, allowing the loan to be reinstated, and resulting in a payment the mortgagor can afford.

CLICK HERE TO REQUEST A FREE LOSS MITIGATION PACKAGE

LOAN MODIFICATION and FORECLOSURE SPECIALISTS

We provide the critical information and professional representation you need to put an end to your mortgage difficulties.

Our Newest Success

-- A homeowner 90+ days behind on mortgage --

Successful negotiation to resolve all back payments & fees with a
30-year fixed rate mortgage at 5%!!

Are you behind on your mortgage?

Are you worried about losing your home?

Are you trying to stop foreclosure?

Do you have 1, 2, or even 3 mortgages on your property?

Have you tried to obtain funds to bring your loan current without success?

Is your lender refusing to accept your payments?

Are you worried about having a foreclosure on your credit report for the next 10 years?

Do you need help FAST?

What We Do

We specialize in working with your lender, or lenders, to restructure your current loan(s) by providing you with a unique, professional plan that you and your lender can accept.

We fully understand the serious nature of your problem and are aware that you may only have a short time to overcome the real possibility of losing your home. The key to our high rate of success is constructing a financial plan that you and your lender can approve and, most importantly, that you are able to perform. We only accept cases we believe we can win on your behalf. You will be a priority here!

Unfortunately, homeowners that try to work directly with their lender have a failure rate of over 80%. Our experience within the loss mitigation departments of major mortgage companies and services gives you the advantage needed to secure a plan you can live with. We believe bankruptcy is the absolute LAST resort.

Services Offered

We have all your foreclosure loan needs covered including conventional financing, subprime lending, hard money loans, reverse mortgages, and much more. No Equity? No problem. We can negotiate your payoff lower to get you closed!

It does not matter how far behind you are, the size of your mortgage, your income, your credit history, or if you have been unable to get help before. We have solutions, and we get results! We will talk with your lender, handle the paperwork, get an immediate stop to your foreclosure, then negotiate the best plan for you.

Programs Available

o Loan Modifications

o Loss Mitigation

o Foreclosure Financing

o Lines of Credit

o Reverse Mortgages

o Forbearance Agreements

o Loan Restructuring

o redemptions

o Hard Money Loans

o Reinstatement Plans

o Forbearance Restructuring

o Short Sales

We know that sometimes bad things happen to good people. We understand the stress, the feelings of hopelessness, and confusion with all the companies and options out there. This is why we offer a completely free, no hassle consultation to educate you on all your options to stop your foreclosure as fast as possible.

About Direct Mortgage Funders, Inc. Loss Mitigation Division

Saving Lives, One House at a Time!

At Direct Mortgage Funders, Inc., we understand that sometimes bad things can happen to good people. We are a family of caring professionals working together to help you stop foreclosure and save your home. Our home foreclosure intervention offers highly experienced and effective assistance to homeowners faced with the possibility of losing their homes. By providing alternative solutions, using government and non-government programs, we can tailor a mortgage work-out plan to meet your specific family needs and circumstance.

If you simply must sell your house, we can help you work with your lender and one of our National Network of Realtor Professionals who has expertise in marketing properties in foreclosure in your market area.

How do we accomplish this?

We specialize in out-of-court resolutions of government and non-government mortgage delinquencies or home foreclosure claims for homeowners. These can be FHA, Rural Administration, VA, Freddie Mac, Fannie Mae, or conventional loans, which have become behind on house payments. Using creative and oftentimes un-conventional methods, all well within the Code of Federal Regulation guidelines, we stop the home foreclosure process. We DO NOT want to buy your home. We want to HELP YOU to keep your home and save your credit.

Who We Are

We are Direct Mortgage Funders Inc., headquartered in Southern California. We stop home foreclosures all across America.

FREQUENTLY ASKED QUESTIONS

Q. What is foreclosure?

A. Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the borrower or homeowner is behind on house payments and is unable to catch up, often due to circumstances outside of his or her control. When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of the property and jeopardizing any possible equity that the homeowner may have in the home. There is a legal time frame, which varies from state to state, which determines how long the foreclosure process can take.

Q. What can loss mitigation do for you?

A. The goal of loss mitigation is to work out an agreement between the homeowner and the lender that will stop foreclosure proceedings permanently. This allows the homeowner to stay in their home and protects their credit history.

Q. How do we stop foreclosure?

A. Our company specializes in resolutions of mortgage delinquencies or home foreclosure claims on behalf of you, the homeowner. We perform a detailed financial analysis and work with you to determine your best alternatives. We review your lender's loss mitigation policies and your states foreclosure law to make sure that we give you the best service within the context of your situation. By working with you and your lender we can tailor a resolution to meet your specific criteria and financial circumstance. We do all of this quickly and effectively because we have over 30 years experience in the real estate and mortgage industries.

Q. How long do I have to act?

A. Time is of the essence when you are behind on house payments. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get a work-out agreement with your lender that you can live with. The home foreclosure process can take anywhere from a few weeks to many months, depending on your state law and the method of foreclosure your lender chooses to use. We have encountered many homeowners who did not even know that they had already lost their house!

Q. Several companies have contacted me recently offering to help. What's different about Direct Mortgage Funders, Inc. Loss Mitigation Division?

A. There are many predatory companies who are not what they appear to be. Beware of unscrupulous companies who are actually just interested in buying your house at big discount, or attorneys who just want to take you into bankruptcy or companies that collect a consultation fee then do nothing for you. We are very proud of our track record of success and many satisfied customers. They are strong evidence that we deliver on our promises.

Q. Can Direct Mortgage Funders, Inc. Loss Mitigation Division help me improve my credit rating?

A. Smart Credit Experts, a subsidiary of Direct Mortgage Funders, Inc., offers credit repair services and we strongly recommend taking advantage of their nationally recognized services . Right now, the best thing you can do to help your credit is to prevent foreclosure.

Q. How long does it take for you to complete the case once we fill out all of the paperwork?

A. Anywhere from 2 days to 60 days. This depends on the stage of foreclosure you are in and your financial position. Typically it takes several weeks to complete a work out agreement and stop foreclosure proceedings.

Q. Do I have enough time to stop my foreclosure?

A. Up until the foreclosure sale occurs there is still hope. If a sale date for your house has been set you need to act fast. We have stopped sales set for the next day but this is very risky and some lenders will not agree to it. Your best option is to take action immediately to stop foreclosure before it goes too far.

Q. How much do you charge to stop home foreclosure?

A. Our fees are based on your mortgage payment amount, and the complexity and urgency of your situation. Our professional loss mitigation consultants will evaluate your case and explain the best options to save your home. We are confident that you will feel that our fees are a bargain compared to the cost of the alternatives. We offer a money back guarantee, in some cases, if we cannot get you a work-out agreement with your lender(s).

Q. I'm currently in bankruptcy. Can you still help?

A. Yes. But we cannot negotiate a work out agreement with your lender until your mortgage has been discharged or dismissed from the bankruptcy proceedings. Our professional loss mitigation consultants can still evaluate your case and explain the best options to save your home. Then when the mortgage is out of the bankruptcy we can proceed with the home foreclosure help. Sometimes after bankruptcy it is easier to make a mortgage payment because other debts have been discharged.

Q. I've already talked with my lender and they just want all their money. Can you still help me?

A. Yes. Most of our clients have experienced this kind of inflexibility from their lenders before calling us. We get your bank to listen to your needs because they know and trust us. We have more than 30 years experience. That kind of experience gives us credibility with your lender. Over the years we have developed positive working relationships with key people at most banks. Our integrity and professionalism have earned us a reputation that allows us to be heard when no one else can get through the red tape. We will use our experience and connections to your advantage.

Q. Should I file for bankruptcy to save my house?

A. Maybe. The American Bar Association has reported that 96% of homeowners who declare bankruptcy end up losing their home to foreclosure anyway. Bankruptcy is very unlikely to help you save your home. If you declare bankruptcy you will likely end up with BOTH a bankruptcy and a foreclosure on your credit report. That being said, there certainly are times when bankruptcy is appropriate and we recommend you consult a reputable attorney should you think you need it.

Q. Do I need to have a special type of mortgage loan for Direct Mortgage Funders, Inc. Loss Mitigation Division to help me?

A. No. We specialize in out-of-court resolutions of government and non-government mortgage delinquencies or home foreclosure claims for homeowners. These can be FHA, Rural Administration, VA, Freddie Mac, Fannie Mae, or conventional loans which have become delinquent. (Not available in all states.)

Q. What if I can no longer afford my home? Can Direct Mortgage Funders, Inc. Loss Mitigation Division still help me?

A. Yes. If you are certain that you cannot afford your home any longer and wish to sell it, our Loss Mitigation Division can help you to secure a short sale payoff or a deed-in lieu of foreclosure agreement with your lender. Often times these agreements can be arranged at low or no cost to you.