A loan modification is a change in one or more of the terms of a mortgage loan in order to help the borrower stay in the home and avoid foreclosure. It is important to note that a loan modification is not a new mortgage. A loan modification is the renegotiation of an existing loan. We aggressively negotiate better loan terms with your lender by using Forensic Loan Audit if violation was found.
What are the possibilities?
Your interest rate may be decreased
Your interest rate can be changed from an adjustable to a fixed rate
The time you have to pay the loan back can be lengthened
The loan principal may be decreased
Late fees may be waived
Your second mortgage could be waived or wiped off of the books
You can stop the foreclosure process
Who qualifies?
You have bad credit
You owe more than your house is worth
You lost all your equity
You can't afford your payments
You're facing foreclosure
You have an adjustable rate
You have a job loss or other hardship
What is forensic audit?
A Forensic Audit is a generated report (PDF) that examines the legal aspects of a homeowner’s mortgage documents. Many audits report violations which make the modification process easier as the bank is much more likely to listen when they are faced with a legal challenge. According to recent statistics, Oaktree CFPG believes that many of loan documents signed by consumers have violations and errors.
Loan Audit is a very specialized and imperative in identifying if a borrower is a victim of Predatory Lending and to determine if the loan terms are accurate, truthful, and meet the requirements of the applicable federal statutes.
What are your legal rights?
Mortgage lenders can trick homeowners into giving up their homes. You must know your rights. There is a legal remedy to recover Truth In Lending Act violation fines, that voids the lenders security interest in your property and allows to collect monetary damages.
We believe that if you do not know your rights, you do not know your options.
Find out today about how your broker or lender may have violated the Truth In Lending Act and other consumer protection laws.
Did you know that more than
30 million Americans are
upside down on their homes?
it’s YOUR home, not their’s.
Let us fight your fight!
Fill out the short form on the
right for your free consultation
Apply for a free consultation
with Oaktree CFPG
Fill out this short form for your free consultation with Oaktree CFPG.
It's free, simple and we won't share your information with anyone else.
Success stories
What kind of magic you guys have? The bank definitely changed their tune after you took over. I want to thank everyone at Oaktree CFPG for being so thorough, professional, and caring. You guys made it very easy for us to continue on with our lives. "God bless you all!"
R. Kerner - Phoenix, AZ
We found that Oaktree CFPG were very friendly and gave us prompt efficient service. Everything was upfront with no surprises. M.M. was a pleasure to deal with; we will gladly recommend this company to anyone in financial crisis. It was very convenient to download the forms off the internet.
R. Woodham - King of Prussia, PA
Our experience with Oaktree CFPG was great! The foreclosure process was stopped and Loan Modification was approved. The Modification Counselor was careful to explain the procedures and answered all the questions we had about our options. We have referred you to all of our friends in this similar situation and we are confident in doing so.
