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DirectLendingPlanet

New Home Loans, Refinance, Loan Modification

DirectLendingPlanet.com is now a branch of MitigationOnLineConsultants, the only 100% Attorney Backed Mortgage Mitigation Company Helping Home Owners Stop Foreclosure. Stop Foreclosure, Loan Modification, Foreclosure Prevention, Defeating Foreclosure, Forbearance Agreement; Facing Foreclosure-What are my options?; Mitigation of loss, Restructuring Lending to Alleviate Loss, Loan Modification.

Nationwide Home Mortgage Loan Company, your one source to access many banks and direct lenders. Let us use our wholesale direct lending sources to find you the absolute lowest rate available on new home loans, refinancing, debt consolidation, and commercial loans. Your source for refinance, home equity loans, home loans, FHA mortgages, first time home buyers, direct lender, financial services mortgages, mortgage financing quotes and loan calculators.

We provide important information for first time home buyers, first time home buyer tips, and steps in refinancing your mortgage.
click here for Loan Calculators

Stop Foreclosure and Loan Modification Solutions

Loan Modification Typical completion time: 8 - 12 Weeks.

Loan Modification is a permanent change in the terms of your existing loan.

Why should I pay someone else to do it for me? Can't I do this myself?

Facing Foreclosure! What are my options?

1. Reinstatement - Pay the mortgage company all of the back payments in order to bring your mortgage current. This option is rarely attainable. The mortgage company will add late fees and attorney fees on top of your back payments-making this amount much more than people are able to reasonably attain.

2. Mortgage Mediation- We will negotiate with your lender to bring your loan back in good standing. There are many options available to us to ensure your mortgage mediation is approved and attainable. Some examples include Forbearance, Loan Modification and Partial Claim.

3. Refinance - We have established partnerships with top and reputable lenders in order to provide loans on mortgages that are in foreclosure. There must enough equity available in order for this to occur.

4. Sell Your Home – It may be in your best interest to simply sell your home before the foreclosure sale date. Sometimes the homeowner is unable to sell the home outright at the desired sale price and this is not an option. We have the resources to negotiate a short sale on your behalf with your lender. In the event of a short sale, the lender is willing to accept less than the amount owed to avoid a lengthy foreclosure.

5. Deed-in-lieu of Foreclosure – Mitigation Online Consultants can arrange for you to simply give the home back to the lender and walk away with a clean slate. Ask us how.

6. Bankruptcy - This is a last resort. This will only save your home temporarily. If you miss one payment during this process the lender will put you right back into foreclosure. This is like putting a band aid on a bullet wound… we will still need to come up with a permanent repayment solution to get your house payments back on track. We can put you in touch with an Attorney to file the necessary paperwork.

7. Foreclosure - You may elect to allow the home to be entered into mortgage foreclosure status. This is the most damaging to you and your credit. The lender will take your home and all of your equity. If there is no equity the lender has the option to come after you for the shortage or “deficiency”. Contact DirectLendingPlanet’s Mitigation Online Consultants to begin the foreclosure prevention process.

Click Here to Get Rate	Interest Rate	APR
30 yr fixed	5.125%	5.125%
15 yr fixed	4.625%	4.625%
20 yr fixed	4.875%	4.875%
5/1 ARM (LIBOR)	5.000%	5.000%
30 yr fixed FHA 97%LTV	5.000%	5.000%
Rates approx & Calculated on a $200,000 Mortgage with a score of 700 & 20% down or equity. Rates subject to change without notice daily, Please contact us for confirmation.

Loan Modification
Typical completion time: 8 - 12 Weeks

Loan Modification is a permanent change in the terms of your existing loan. Lenders may restructure your loan by a reduction in the interest rate, an extension of the length of the loan, a lowered principal balance, reduction in the amount of accrued back payments or late fees, as well as many other options to allow you the affordability to pay your mortgage.

If you are behind on your payments, struggling to make your payments, expect an adjustment that will cause you to fall behind, you are facing foreclosure, or fear foreclosure is just around the corner- then you are a candidate for loan modification.

The Loan Modification process usually takes 30-90 days, and consists of many long phone calls and negotiations. Mitigation Online Consultants will handle every aspect of your negotiation and prepare a comprehensive loan modification package for your lender, including but not limited to:

Financial Prospectus Workout – Detailed to include all income, assets, and all payments you make, down to every cost, including Gas! This allows a realistic view of your financial abilities to be sure you can continue to make your home payments for years to come once your loan is restructured.

Unlimited Negotiations with your existing lender and/or their attorneys.

Loan Restructuring Proposal – Mitigation Online Consultants requests specific terms for your new loan. Our request is carefully discussed with you so that you are happy with your new loan.

Representation on your behalf in dealings with your Lender

CMA - Comparative Market Analysis of your home

Pulling of Credit Report

Full Time, one-on-one customer service for your Status Updates

Mitigation Online Consultants may request modifications in the following ways, however other options may be used to lower your monthly payments:

a) Request Adjustments, elimination or repayment plans on any delinquent and past due balances.
b) Request current and future rate of interest charge and monthly payments to be lowered
c) Request loan balance amount to be less than current loan (lowering your principal balance)
d) Request Loan to be converted to a longer fixed term

The goal is to get you back on track, current on your payments, and to keep you in your home for years to come.

Why Should I Pay Someone Else to do it for me?
Of course you can negotiate with your mortgage company yourself. Just as some people act as their own accountants or legal representation, some people are knowledgeable enough about mortgage delinquency that they are comfortable negotiating with their mortgage company.

However, for others phrases like "partial claim", "loan modification" and "special forbearance" are intimidating and confusing terms. People in this category may find dealing with their mortgage company to be a dehumanizing experience as they are shuffled along the assembly line-like process, never sure if the representative they are talking to is truly looking out for their best interests or merely trying to meet their quotas while attempting to keep their talk time low.

Mitigation Online Consultants doesn't offer any service to you that you cannot technically perform for yourself. Then why pay us to represent you? There are many reasons we could provide but perhaps an example would be more effective:

When you are on the phone with your mortgage company and they tell you there is nothing that can be done for you, how do you know if this is the truth or if it is simply what the representative chooses to tell you as a result of their inexperience or apathy? These representatives aren't sitting in an office of their own, thinking about what a great career they have. The mortgage company representatives you will deal with work in call centers- a low-paying, high-turnover field of employment. Our negotiators have more experience in mortgage retention than most any of these representatives, do you?

How many financial transactions are as important to the average person as their home? Much like in any important matter, having the proper guidance and representation can make all the difference in the world. It can save you time, trouble and money.

Stop Foreclosure - Foreclosure Prevention - The Short Sale

Defeating Foreclosure-The Forbearance Agreement