SAN DIEGO, March 21, 2013 /PRNewswire-iReach/ -- LoanSafeMods is a licensee of the REST Report (Real Estate Services And Technology Report), a third party analytics tool that can be used by homeowners to assess their chances of getting their desired mortgage modifications approved before submitting their actual application.
Aside from helping homeowners to decide on the best course of action when it comes to foreclosure alternatives, the REST can also be used as undeniable evidence if a lender refuses to grant a modification on a loan that clearly qualifies for one and the homeowner decides to take this decision to court.
So far, thousands of people have been helped by this Report, and have gotten home-saving mortgage modifications that they had been trying to apply for on their own, in some cases for years, without success. LoanSafeMods recently released a number of video reviews to show how the REST Report can assist homeowners who are on the verge of losing their homes.
Mona, who lives in Point Loma, California with her husband, was one of these people. After struggling with keeping up their monthly payments, the couple decided to seek a loan modification to help ease their burdens. However, this only resulted in a lot of headaches and put stress on the marriage.
Finally Mona found the REST Report. Armed with the Report, she submitted her application again, and this time was granted a reduction of nearly 50% on her monthly fees. Now, Mona and her husband can relax and have some peace of mind, knowing that when they retire in a few years they'll still have their dream house to live in.
Mona says in her review, "I have to say that I'm thrilled that people out there who really want a different choice than a short sale, or giving the keys back to the bank, they have a tool that works. Use it, because it works!"
Crystal, a homeowner from San Diego who struggled with her payments after she lost her fiancé and a job, also found herself in a similar situation.
She was advised to stop paying her monthly dues so that she could apply for a mortgage modification. But this only served to ruin her credit score and she still had no luck applying for the modification. She was starting to worry that she would lose her home.
When she found the REST and realized that she qualified for a lot more than what the bank had told her, she was very relieved. She says in her review, "If you think you're losing your home everything's going down the drain. You don't have a place to live, everything's uncertain, you don't know what tomorrow's going to bring. But once I had the report in my hand I knew that everything would be okay."
Crystal got her modification approved within a few weeks of running the REST Report and now pays only $728 per month, instead of $1,700.
These are just a few examples of homeowners who have found the REST Report to be more than helpful. For more information on how the REST works and to view more REST Reviews, click here.