Call Center Software Featured Article

Falcon Credit Management Introduces Free Loan Modification App for Homeowners

By Calvin Azuri
TMCnet Contributor

Falcon Credit Management has announced that it has developed the first HAMP, MHA, iPhone (News - Alert), iPad, iPod Loan Modification Application which has been accepted into the iTunes store. The new Loan Modification App, which will be provided free of cost to homeowners, has been designed to provide simple and easy-to-understand questions and answers. The new offering from Falcon Credit Management will provide additional support and value to its Loan Modification service and industry-leading do-it-yourself software, FalconDox.

Most homeowners undergo a lot of stress and are confused when dealing with bank representatives while going through the Loan Modification process. To ease their discomfort, and to save them from possibly being rejected, Falcon Credit Management has designed the Loan Modification App to streamline and optimize the loan modification process.

The “Get Modified” offering is a free App from Falcon Credit Management developed to equip homeowners with all the necessary information as well as to help them meet all of the eligibility requirements, as required by a bank or financial organization. Lenders carry out a careful review of a homeowner’s eligibility criteria while carrying out loan modification or foreclosure mediation procedures and also providing the best post-modification target payment options to their clients.

The loan modification app comprises of six informational videos, eligibility questions, answers, and a life coaching questionnaire which have all been carefully designed to analyze the emotional quotient of the homeowner with respect to financial problems he or she faces. For customers who are not native English speakers, Falcon Credit Management provides more than 80 bilingual videos free of charge, which have been primed with information on credit and debt management.

Damian Falcone, CSP (News - Alert) of Falcon Credit Management, while explaining how banks’ customer service reps provide little or no loan modification assistance, and are unable to provide a clear understanding of what is needed for acceptance into the HAMP or MHA government programs, said that "It's unfortunately very common. Clients come in to our office needing help modifying their mortgages, but have already been confused and deceived into providing inaccurate information that ejects them from the programs. With that in mind we have developed a free iPhone App that will allow homeowners to see the exact eligibility questions and answers for achieving a loan modification – along with their future modification payment."

For more information on Falcon Credit Management, please visit http://www.falconcreditmanagement.com/.