Falcon Credit Management Offers Homeowners Choosing Loan Modification A Free New Tool

LAS VEGAS, June 27, 2011 /PRNewswire/ -- In an effort to provide value and convenience to homeowners going through the Loan Modification process and while adding to its list of industry firsts, Falcon Credit Management has developed the first HAMP, MHA, iPhone, iPad, iPod Loan Modification Application accepted into the iTunes store. This loan modification app complements Falcon Credit Management's Loan Modification service and industry-leading do-it-yourself software FalconDox. Free of charge, homeowners are armed with clear and concise questions and answers, saving most individuals the confusion, stress and possible denial associated with the typical phone calls to a bank representative. Get Modified is a free App from Falcon Credit Management that provides a homeowner all of the eligibility requirements, at one time, that a lender needs to evaluate a loan modification or foreclosure mediation while providing the post-modification target payment.

The loan modification app features six informational videos, eligibility questions, answers, and a life coaching questionnaire designed to evaluate common emotional symptoms of financial hardship. Falcon Credit Management also offers an extensive library of more than 80 bilingual videos that are designed to provide answers on all areas of credit and Debt Management free of charge.

Most banks' customer service reps do little for loan modification assistance, and unfortunately, many times, are actually a liability in understanding what is needed for acceptance into the HAMP or MHA government programs. "It's unfortunately very common," said Damian Falcone CSP of Falcon Credit Management. "Clients come in to our office needing help modifying their mortgages, but have already been confused and deceived into providing inaccurate information that ejects them from the programs. With that in mind we have developed a free iPhone App that will allow homeowners to see the exact eligibility questions and answers for achieving a loan modification – along with their future modification payment."

http://www.falconcreditmanagement.com/

SOURCE Falcon Credit Management