No up front fee

No Upfront Fee Loan Modification – What We Do

Anew Home Loan Services provide homeowners facing financial hardship a step by step process to get their finances back on track so they can save their home and keep their American dream.

Your Options

Most lenders will consider one of the following options to quickly bring a loan current, out of foreclosure and the homeowners out of a hardship. Our list of services includes but is not limited to:

• In-House Lender Loan Modification Programs
• HAMP modification program’s (Including The New Principal Reduction Alternative)
• Emergency Foreclosure Stoppage
• And Much More!
  

WHY  Anew Home Loan Serivces?

We do not charge fees until the service has been rendered – only after your lender says “it’s approved”.
The secret to our success has been the commitment to our core values, strong ethics and our No Up-Front Fee policy. We knew that if a mortgage payment could be lowered, an interest rate could be reduced, or a balance could be forgiven, we are the ones who can do it. We are truly devoted to removing the stress of home ownership in a down economy one household at a time. We continue pushing the No Up-Front Fee policy and are ready to help those in need.
We strive not only to get your loan modification approved, but to get you the best modification possible!

Not only do we get them approved for zero fees upfront, but we also strive to get GOOD loan modification approved so that homeowners can comfortably make the mortgage payments!

Our loan modification program offers homeowners a no risk solution to lowering their mortgage payments.
First, we pre-qualify all of our clients to make sure they are a good candidate for a loan modification program.  If so, you can then decide if you want to use us to handle loan modification negotiations with your lender.
We handle every aspect of the loan modification process.  We deal directly with your lender, so you don’t have to.  All you have to do is send us the required information to submit to your lender, we take care of the rest.
When we have our consultation with you, we will determine what the best loan modification program is for you.  The HAMP modification programs are great, but sometimes in-house lender modification programs are better.  It all depends on your situation and who your lender is.  We will find the best program for you!
Once everything is completed and your lender says “It’s approved”,  we then collect our contracted payment.  This means, if your modification is not approved, you don’t pay.  This is a loan modification program with no risk, the way it should be!
We have performed loan modifications with no upfront fees from the start and will continue to help homeowners as long as this housing crisis continues.

We do not charge of fee until you have been approved for a loan mondifiaton.

No Upfront Fee Loan Modification Program?

Yes, it's true. We have been performing successful loan modifications with no upfront fees since 2003.

Infact, we have never charged upfront fees to our clients. We do not believe in collecting fees until services have been rendered.

This eliminates the risk to homeowners looking for help lowering their monthly mortgage payments to something affordable. You do not pay until the loan modification is approved by your lender.

Don't forget, we also have some of the best success stories in the business. We know how to get loan modification approved, even if your lender has already turned you down.

We are experienced with many lender specific loan modification programs and HAMP modifications as well. This includes the new Principal Reduction Alternative program as of October 2010. We will assess your situation and find the modification program that is best for you.

We pre-qualify every client to make sure they are a good candidate for our no upfront fee program. To get started, fill out the form above to see how we can help you!

Learn More About Our No Upfront Fee Loan Modification Program...

Let us be your advatage in getting "Anew Home Loan"

Loan modifications are for homeowners in crisis.  It is not an opportunity to have your loan written down just because the real estate market has crashed.  I would not even waste your time if this is what you are thinking of doing.  You must be employed and be at risk of a foreclosure.
If you need to modify your mortgage, do not wait til your home is being auctioned at the courthouse.  You need to get in touch with Anew Home Loan Services as soon as possible.  You may even want to consider a short sale also.  A short sale is a way to sell you home if you are upside down.  The bank is willing to take the loss.  You will have a hit to your credit however. Call us we can give you the advise you need. We have the experience you need to help you make the best choice for you and your family. Call 800-358-0502, today...
 Problems just don't go away. You need experience and knowledge to help you through this difficult time.

Time Is Of The Essence!

Another bump in the road for home sales recovery

June 14th, 2011 @ 7:30am

By Paul Nelson

SALT LAKE CITY -- At the end of September, Fannie Mae and Freddie Mac will no longer back home loans in Utah larger than $417,000.

Mortgage analyst Al Bingham says Fannie and Freddie were asked to back luxury loans when the real estate market started its downfall, but that's being phased out.
"Other than that, Fannie Mae and Freddie Mac have no authorization to purchase loans above that limit because Congress has mandated it," Bingham explained.

In the short term, this could lead to more unsold homes in the market, bringing prices down.

He said, in the short term, this could lead to more unsold homes in the market, bringing prices down.

"You have homes that maybe were worth $400,000 that are now being priced around $250,000 or $275,000. Now, they've become direct competition for those homes in the $250,000 to $275,000 range that will now come down in the $200,000 range," he said.
Even though the recovery may be difficult, Bingham said there is hope.
"In having the government exit some of these housing programs, even though we may have a direct consequence or a direct problem right off the bat, it actually could be healthy down the road," Bingham said.
He added that, eventually, the private sector will have to take more control of the mortgage industry. He equates it to a child learning to swim who takes the water wings off for the first time.
"One of the bigger problems that we're having, why people can't get home loans right now, is the over regulation of the lending industry," Bingham said.

Anew Home Loan Services is now giving away free information

Anew Home Loan Services is now giving away free information on loan modifications.
Getting behind on your mortgage can be a very stressful experience.  Working with your bank to try and work out new loan terms can be scary if you do not know who to talk to and what questions to ask when trying to do a loan modification.
We can give you free information to guide you through the loan modification process.  The Government Bailout has mandated that lenders work with homeowners to re work mortgages.  This is the best time for a home loan modification.  Our team will guide you through the loan modification process and the loan modification requirements.
Do not let your home go into foreclosure, we can help you. Our loan modification information is free. 

Maintaining a Good Credit Score While Obtaining a Mortgage Loan (VA Loan)

Buying a home, or refinancing your current VA mortgage to take advantage of low va rates is possible if you have good credit, but for many Vets and otherwise eligible VA loan candidates low credit scores and credit problems will get in the way.
If you are looking to use a VA loan to purchase a home or to refinance your current mortgage and you are not sure what your credit looks like you should get in touch with a VA lender as soon as you can. As you apply for a VA mortgage, the lender will get your credit report and let know you if you have any credit issues to be concerned about. They may even give you a copy of your credit report – all you have to do is ask them. Some lenders will give it to you and some won’t.
No matter whether your scores are good now, or they are low and you need to get them up in order to qualify for a mortgage here are some suggestions to follow for raising and maintaining your scores.

• Pay any car loans, student loans, credit cards, mortgages, other bank loans, and in some cases even utility bills first and on time. These types of accounts report to the credit bureaus and they have little leniency when it comes to someone being 30 days past their due date.
• When it comes to your rent payment – make sure you are not more than 30 days late. Chances are when you apply for your mortgage one of the credit accounts you’ll have to provide documentation for will be your housing history. Late payments to your landlord could be a deal breaker, especially if it has been within the past 12 months. Other items such as your cell phone bill, insurance, etc. are not as critical as they typically don’t report to the credit bureause for late payments unless you let your account go into collections.
• On your credit card accounts you want to make sure that your balance stays at least under 50% of your account limit and it is best to keep your balance under 30% of the limit. This balance to limit ratio is very important to your credit scores. A quick way to improve your scores is to make a payment to one of your accounts that is over 30-50% of the limit to reduce the balance.
• Make sure that you get a copy of your credit report. You want to go through it very carefully looking for errors and charges/activity that you didn’t do. Many instances of identity theft are found by just looking for unauthorized activity on a credit report. You never know what has happened to your credit if you haven’t checked it in awhile. If you find errors and mistakes you’ll want to go through the process of fixing them. This usually takes some letters back and forth with the credit bureaus – always keep in mind that the burden of proof is on you to show the correct information. The FTC.gov has a lot of good information about fixing credit report errors.
• Now this might sound odd, but if you have any unpaid collection accounts – don’t pay them! That’s right, don’t pay them. If you do, you could actually cause your credit score to go down even more (at least in the short term) which could hurt your qualification for a mortgage. Get some advice from your loan officer about how to handle these accounts. Often, you can just pay them at your loan closing, or in some cases you won’t have to worry about them at all.
• In the case where you have had a Chapter 7 Bankruptcy, you will want to monitor your credit report to make sure all of your discharged creditors update their records on your credit report. You will have time to get any of these changes made as you will have to two years from your bankruptcy discharge date to get a VA loan.
• If you have a short sale you will have a two year wait and if you have a foreclosure you’ll have to wait at least 3 years to get a new VA loan.

With a foreclosure, short sale, or bankruptcy you will also need time for your credit scores to recover.

Will my Mortgage Company Modify My Loan Evan If I Am Not Behind?

Will My Mortgage Company Modify My Loan Even If I Am Not Late On My Mortgage Payments?  Most mortgage companies and banks will not want to speak with you until you are behind on your mortgage payments.  I know a person that is going late on their mortgage on purpose just because they will not talk to him.  I do not advise just stopping payment to your mortgage company.  In the instance I was speaking about earlier is in regards to a gentleman who has a $6000 a month mortgage payment that they can see that they will not be able to make in the future due to a job loss.  He can see the future coming straight at them.
Let Us Contact Your Bank Before You Are Late On Your Mortgage
It is wise to contact your bank before you are late on your mortgage payment.  Some banks and lenders do have policies that allow for a loan modification to be completed even before a late payment has occurred.  If you are in an arm or have an option arm you may be eligible for an automatic loan modification. We must consult with your lender about this.  I would not make any assumptions about loan modification until you have all of the information.

Debt Settlement We work for you, not your creditors

We work for you and not your creditors.

Anew Home Loan Services has helped hundred's of people reach their debt free goals. Our mission is simple, to end our clients suffering over their debt and to assist them in achieving a better quality of life. We do this by educating each and every person we serve to significantly improve their financial well being through education and creating new financial habits.

On average we will save you 40-60 cents on the dollar through the debt settlement process. This includes all fees.

Client education is one of the key components in the debt negotiation process. The more you know about debt negotiation, the more peace of mind you will have throughout the negotiation process. We do not want any client to have any more sleepless nights worrying about their debt.

Anew Home Loan Services is not just financial education but financial coaching to give you a sense of freedom and ease about your finances. You will receive coaching throughout the program. Our coaching is designed to keep you on track throughout the entire program.

You either have circumstances or they have you. Debt Settlement is not a miracle debt cure but it does work. It is a process and will take effort on your part to achieve being debt free.

How does Debt Settlement and Debt Negotiation work?

Debt Settlement is a process of working out negotiated settlements with your creditors. Debt Settlement is an alternative to filing bankruptcy. Most consumers do not have money lying around to make one time lump sum settlements. That is why we have created a payment program that allows up to 48 months to have you out of debt. We will set up a separate trust account in your name that you control. Each month you will deposit your monthly payment into the account. Once there is enough to pay off a debt we will get it settled and save up for the next one. We will do this until they are all paid off.

Each time a collection account is paid off your credit score will improve. When a debt is settled you will receive legal documentation as evidence that you debt has been satisfied. You can even buy a home while you are in the program.

What kind of debt will we work with?

1. Unsecured Credit Cards

2. Past Due Utility Bills

3. Hospital Bills

4. Pay Day Loans

5. Attorney Fees