Why Aren’t Banks Helping Homeowners That Need Mortgage Relief?

Did you know your bank may not want to help you?

Part of our daily mission here at The Homeowner Defense Network is to empower homeowners. Banks are debt collectors and their #1 goal is to collect as much money as possible from you and if they can’t, either sell your loan or foreclose.

Bank

Foreclosure can be more profitable for the bank than a loan modification, so be cautious when speaking with them because ultimately they determine your fate and they may not have your best interest in mind.

Also working against you, is that banks are not even obligated to offer you a loan modification. There are government financial incentives to do so, but with over 800 guidelines to qualify, one seemingly minor mistake can be an excuse to deny you.

Its like playing a game of poker with the bank and they get to see your cards, so you better show them a winning hand the first time because you may only have one shot at this!

When a homeowner is answering questions for the bank, due to lack of experience you don’t know what’s helping or hurting your case. This is where a reputable expert can help you big time!

When choosing an organization to help you, look for those with a proven track record of success, so you can find out what your real options are.

About Brett Robbins

Brett Robbins is the founder and CEO of The Homeowner Defense Network. The HDN offers systems that help homeowners discover what programs they may or may not qualify for and why in less than a week. The HDN also has a trusted network of mortgage relief service providers, and offers a proven credit education program.

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