Navigating the loss mitigation or restructuring your loan process can be stressful and difficult, particularly with the huge percentage of banks that give conflicting messages and document requests. But the process doesn’t have to be a mystery. Our underwriting team has worked with hundreds of homeowners to resolve their mortgage delinquencies or negotiate settlements on their loans.
Many homeowners (or companies/attorneys representing homeowners) make fundamental mistakes in the loss mitigation process, leading to denials or loan restructurings that the homeowner can’t afford. We always discuss the actual way things work, and never promote unrealistic expectations. It is important to know what works, and what doesn’t. We will work with you to create a plan that makes sense and achieves your goals.
Our organization is compensated on a contingency basis for loss mitigation consulting services. No advance fees are collected prior to each stage of work being completed.
IMPORTANT DISCLAIMER: KS Financial Group is not an agent of your lender and is not employed by your lender or any government agency. Any payments made to KS Financial Group are not being paid to your lender or your mortgage provider.
STAGE 1: Consultation with Client to Review terms of current loan(s) together income, expense and hardship information.
STAGE 2: Consultation with Client; contact lender with client authorization for application guidelines. Consult Client in structuring Loss Mitigation Assistance Package for Lender Submission.
STAGE 3: Actively Consult with Client in negotiations with Lender after submission and confirmation of receipt of application materials with the goal of obtaining a Loss Mitigation Assistance Approval.