Why would my Lender want to allow a Mitigation of Term to help me?

The reason is simple; a Mitigation of Terms often has a better return on investment to the lender than a foreclosure. The average savings a lender sees from a short sale property compared with a foreclosure property is substantial. Not only does the lender receive this savings, they are also paid on the loan earlier than in the foreclosure process. This allows them to collect and cash-out earlier than they would in a foreclosure. Plus, lenders spend a great deal of money with attorneys to complete the foreclosure process. Lenders created the Mitigation of Terms process as a foreclosure alternative for those reasons.

Our Guarantee

100% Money Back Guarantee YOU ARE AT NO RISK!

Payment Methods

Affordable Monthly Payments Available

Special Offer

Distressed Mortgage Solutions is offering a FREE Mortgage Checkup to see if you qualify for a potential Principal Reduction

alt tag

Free Mortgage Check-Up

            alt tag

Distressed Mortgage Solutions, And Its Independent Agents, Are Not Attorneys Or A Law Firm And Not A Substitute For The Advice Of An Attorney. Distressed Mortgage Solutions Does Not Engage In The Practice Of Law, Loan Modification, Short Sale Or Foreclosure Defense. The Company Is Compliant With The Federal M.a.r.s. Act, In That, The Services Offered To Homeowners Is A Securitization - Forensic Mortgage Audit Provided To Consumers As Related To The Mortgage Loan. Consumers Are Encouraged To Seek The Advice Of A Qualified Lawyer Or Law Firm On Legal Matters Related To Forensic Audit Errors And/or Violations, Loan Modification, Foreclosure Defense, Property Sale Dates And Related Legal Matters. At The Request Of Consumers, Distressed Mortgage Solutions May Refer And/or Recommend The Client To A Qualified Attorney Or Law Firm For Further Evaluation Of Their Specific Mortgage-related Legal Matters.