We are happy to answer your questions please don't hesitate to call or email us today.

What do we do?

Coastal Home Rescue will work with you throughout the application, loan modification and loss mitigation process. Our Attorney based service will call you within 24 to 48 hours after they receive and review your signed modification package and payment. They will make sure you understand every step of the process and thoroughly explain the situation.

Why not just walk away?

Walking away will only hurt your credit history even more. With a loan modification you can have a fresh start without going through 5-7 years of waiting to correct your credit. You will be able to stay in your home, and have a fresh start without having to refinance your home.

How do I know you are for real?

Coastal Home Rescue is an Attorney backed company that takes great pride in our work. There are many brokers out in the marketplace that are not attorney backed and they have taken advantage of people who are in a vulnerable place. Our qualified legal staff is genuinely concerned for our clients and guarantee that we will fight on your behalf up to the final results.

What type of guarantee can you give me?

With loan modification and loss mitigation there are never any guarantees. Our counsellors will take all the proper steps to prepare your case so that our attorney will have all the information needed to get the best possible results. What you are really getting with our service is a full staff of legal and service professionals that understand the loss mitigation process and real estate law. Along with loan modification we are able to assist our clients with other alternatives to foreclosure.

Why can’t I do this myself?

The reality is that banks will only do as little as possible to address your situation. Any offer they may give their borrowers is most likely in the bank’s own interest. We have the experience to achieve the very best possible outcome to fit your needs. As an attorney backed company we have much more bargaining power than the consumer might have.

What if I am upside down in the property?

This seems to be the case for most of our clients in California. In this scenario the client owes more than the home is worth and the bank stands to lose money if they are to take the home back in foreclosure. Right now most banks are willing to do anything possible to keep their borrowers in the home. In fact, the banks are even willing at times to lower their borrowers’ rates and are even lowering the principal balance of the loan to meet their needs.

What if my ARM loan has made an adjustment?

This is the most common loan modification situation. Clients are making less money than they did years ago and a payment increase can create a major hardship and most likely cause delinquent payments. In this case a bank is more willing to work with their borrowers on a rate reduction; in most cased we see a 4 to 5% reduction on a 3 to 5 year term.

What about Option Arm Loans?

These types of loans are a challenge when it comes to a loan modification. Most option Arm Loans were extended to borrowers that could only afford a 1% or 2% payment in the first place. This type of client is most likely a Short Sale client and this is a loss that we could assist with mitigation.