Arizona Mortgage Loan Modification Scams

Are there really Arizona mortgage loan modification scams happening?

Uh… yep.

I was in touch with someone yesterday who had just paid $5,000 up front to a loan modification company and he called me asking me if I thought that he had done the right thing.

He may have been somewhat surprised when I told him “don’t take this the wrong way, but I have never heard of the loan modification company that you are telling me about and $5,000 up front is a lot of money to pay compared with I see as a ‘normal’ charge.”

He then indicated that he thought something seemed a little strange when he tried to get a refund of his $5,000 and they were hesitant to give him one.

Check, check and check. It seemed to me like it had all of the elements of a scam.

Are you wondering who to call that can possibly help you work with your current lender to get your loan modified? We have started a list of Arizona loan modification companies that seem to be getting good results for their clients.

Oh, and I have actually heard of them and been to their offices before.