Step-by-Step
Contact your loan servicer and request a loss mitigation application. They will provide document requirements and deadlines. Ask specifically for the Loss Mitigation department — general customer service cannot process modification requests.
Provide income verification, bank statements, tax returns, hardship explanation, and monthly expense breakdown. Incomplete packages are the #1 cause of delays and denials.
The lender reviews your submission. They may request additional documentation. Response times vary by servicer — typically 30–90 days. Stay reachable and respond to requests within 24 hours.
No two reviews are identical. Documentation and clarity matter more than emotion. Possible outcomes:
MVP is an intelligent AI assistant that analyzes your complete situation in real-time — scoring urgency, modeling bank decisions, and generating a fully personalized strategy based on your lender, loan type, and hardship profile.
🎯 Early Bird Pricing Available
Special rate for first 50–100 buyers
Lender Criteria
Can you sustain a modified payment?
Housing expense vs. gross monthly income
Temporary vs. permanent financial change
Forward-looking ability to pay
Consistency across all submitted documents
They are not reviewing emotion. They are reviewing numbers and documentation. Your job is to make their review as easy and clear as possible.
Avoid These
Organization improves clarity. Clarity improves response.
Want to move quickly without waiting on a third party
Can afford a modified payment and have stable income
Are organized and willing to follow a structured process
Want to understand the process — not just hand it off
Answer a few structured questions and get a personalized next-steps plan based on your timeline and situation.
If keeping the home may not be realistic, explore other options.