1. The main reason...You are more concerned about your home and your situation than anyone else will ever be.  There is nobody that will fight and work as hard as you will to make sure you don't lose at the foreclosure game. 

2. Cost is a huge reason to do it yourself.  If you had a spare $3,000 to $5,000 laying around to pay someone to do this for you...you probably wouldn't be behind or struggling to make your payments.  

3. Stay In The Loop.  Modification is a good thing.  Along with most good things come the bad.  In this case that would be the vultures out there selling "hope" at a high price, taking advantage of distressed homeowners, leaving them worse off than when they started, having robbed them of every last dime and performed no work.  You NEED to know what's going on.

4. The Banks Prefer Working Directly With You.  Many of the loan modification companies would have you believe that they have "connections" or a special phone number to call when dealing with the lenders...this is most certainly NOT true.  They have to call the same number you do and in some cases they have to jump through MORE hoops to get the job done as the lender may want to screen them to make sure there is no fraud taking place.  Having said this, they may have an advantage in the fact that, if they are a good reputable company and know their business, they will understand what questions to ask to get through the red tape.

To most, the process of modifying a mortgage feels like an overwhelming task.  With all the horror stories that have been circulated in the news and over the internet it may seem near impossible.  The truth is there is real help available and the banks actually do want to modify if possible. Keeping you in your home with a reasonable payment that you can afford makes the most financial sense for them.

So...why are so many homeowners failing in their attempts?  As foreclosures hit an all-time high in 2010 and with no signs of slowing down in 2011 the government has been working to put programs in place which will hopefully prevent an even further decline.  Having said that, The Government agency (HUD, MHA) propaganda will tell you that it’s easy to work through your bank or a HUD Counselor to get approved in these programs.  If this is true then why do the headlines tell you that not many homeowners are receiving the needed help that these programs are designed to give and why do statistics show they are failing?

In our experience, the high failure rate is due to a low level of homeowner education and support when it comes to knowing how the programs function, what is required to qualify, and how to accurately represent their situation to the bank.  

Rocky Mountain Relief has spent the past two years working as a foreclosure rescue company.  We have helped hundreds of homeowners understand their options and then implement a

The RMR "Do It Yourself" or "DIY" course was designed from real "in the trenches" experience.  It is in place to offer assistance, education, and the tools needed to help you, as a homeowner, navigate through the ever-changing landscape of loan modification.  We feel that it gives you the best fighting chance at a successful outcome.