ImproveMyLoan.com

Indymac Mortgage Servicing 1st & 2nd Mortgage

Loan Modification Agreement (Click Here)

Loan Modification: One of the borrowers had lost her job and this family of four was living off of the husband's income. She was unable to obtain another job and they had fallen behind on their first and second mortgage payments with Indymac Federal Bank by several months when they came to Improve My Loan for assistance. The interest rate was reduced from 7.75% to 3.875% (3.875% for 5 years, 4.875% for 1 year and finally 5.25% for the remaining life of the loan). Monthly payment reduced from $1,849.15/mo to $1,492.48/mo. The interest rate on the 2nd mortgage was reduced from 11.875% to 7.875% for 3 years and the payment was reduced from $729.40/mo to $554.62/mo. Their combined monthly mortgage payment was reduced by 20% per month. They will never be exposed to the risks of an adjustable rate mortgage again.

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If a loan modification service or attorney cannot provide specific proof of their successful cases then you should not retain their services. We are proud of our track record of success & we want our clients to feel confident in choosing us to represent them. The workout descriptions and lender paperwork associated with each workout listed above are solely owned by Improve My Loan, Inc. and may not be duplicated, published or distributed without the expressed written consent of Improve My Loan. The results obtained for this client are not a guarantee, warranty or prediction of result; every case is different and results may vary.