Select Portfolio Servicing Loan Modification Attorneys

If you are a New Jersey homeowner looking for a Select Portfolio Servicing loan modification to help save your home, then look no further. Denbeaux & Denbeaux Law is a trusted loan modification law firm representing homeowners throughout New Jersey.

If you’re not yet in foreclosure or if foreclosure has already started, you can still try to get a loan modification as long as your home has not been sold. Here are other instances when NJ homeowners may want to pursue a loan modification with Select Portfolio Servicing:

1. When you can’t stay up-to-date on mortgage payments
2. When you receive a Notice of Intent to foreclose on your home
3. When you’re facing an imminent default judgement

A modified mortgage may be the solution to stop you and your family from losing your home. Speak with Joshua Denbeaux, an experienced loan modification attorney, about the New Jersey loan modification laws and how he helps clients through the process. 

At Denbeaux and Denbeaux Law, Joshua Denbeaux personally conducts every Loan Modification Strategy Session. At the strategy session, you can rest easy knowing you’re getting the best advice from one of the most experienced loan modification lawyers in the state.

How to Modify Your Mortgage Loan With Select Portfolio Servicing

A home loan modification allows you to modify the original loan that you owe to Select Portfolio Servicing. This could mean reducing the interest rate, splitting the payments into smaller amounts, or extending the loan to reduce payment amounts.

Homeowners pursuing a mortgage loan modification with Select Portfolio Servicing will need to submit an application to Select Portfolio Servicing stating a desire for a loan modification and what financial hardships have occurred that led to you applying for a loan modification. 

Select Portfolio Servicing can deny your application for a loan modification, however, that has become increasingly less likely with the help of the new CFPB rules. These rules require Select Portfolio Servicing to put forth their due diligence to help homeowners avoid foreclosure.

Even with these new rules in place, there is no guarantee that your loan modification will be approved. Banks do not have your best interest at heart and are notorious for maximizing their investments by denying homeowners loan modifications.

Speak with the loan modification attorneys at Denbeaux & Denbeaux Law to better understand the process and the options available to you for a Select Portfolio Servicing loan modification. 

Why Use an Attorney to Modify Your Select Portfolio Servicing Loan 

Banks may make it difficult for homeowners to meet loan modification requirements or may use strategies that violate homeowner rights. Having an advocate on your side who’s not afraid of lenders and one who will stand up for you when you’re facing foreclosure can make the process easier for you.

At Denbeaux Law, a Select Portfolio Servicing loan modification strategy may include:

• What loan modification you are entitled to and how to get that modification
• Whether the loan modification you are entitled to is actually right for you and if not, an alternative plan
• A foreclosure defense plan if you are not entitled to a loan modification

Working with a loan modification attorney to get a loan modification from Select Portfolio Servicing can help you preserve your homeowner rights and be treated fairly by Select Portfolio Servicing.

Watch Out for Loan Modification Scams

Mortgage loan modification scams are schemes to take advantage of vulnerable homeowners. They are aimed to steal your money by making false promises that they can take care of your loan and save you from foreclosure.

Here are some common red flags from loan modification scams that homeowners should look out for:

• Promises you that all of your debt will be eliminated
• Letters that look like a loan modification pre-approval
• Receiving notices from “government” modification programs
• If they ask you to pay any fees up front

If you aren’t familiar with the loan modification process in New Jersey, it can be easy to fall for these common scams and more. A trusted loan modification attorney on your side can guide you through the process and help you avoid scams. At Denbeaux & Denbeaux Law, we know the laws and regulations and we’ll help you discover if Select Portfolio Servicing is—or isn’t—following them so you can protect your rights and your home.

For More Information About Mortgage Loan Modifications:

• Your rights as a homeowner during foreclosure
• What is a mortgage loan modification and how does it work?
• 4 ways to stop foreclosure

Contact Denbeaux & Denbeaux Law to Discuss Your Select Portfolio Servicing Loan Modification in NJ

Are you a homeowner going through foreclosure and ready to get a loan modification with Select Portfolio Servicing? At Denbeaux & Denbeaux Law, our goal is to guide homeowners through the loan modification process and give a sense of peace in a troubling time. Joshua Denbeaux explores everyone’s unique situation and helps you decide the best course of action.

Don’t wait until it’s too late! Contact us today for a free consultation and find out how Denbeaux & Denbeaux Law may be able to help you get a Select Portfolio Servicing loan modification.