Top Reason to Use a Loan Auditor (and Not Just Software)
For those who are pursuing loan modification for their clients, there’s bound to be some temptation to look at all of the different software programs that are being marketed to lawyers and others who are in need of a mortgage audit. But here’s the thing: just like computers, the software that you’re going to be able to pick up is only going to be as good as the person (or team) that designed it.
If you’re looking at mortgage paperwork for a number of clients, looking at software isn’t going to be enough - instead you are going to want to be sure that you are working with a loan auditor who will go through the paperwork step by step. You’re going to want to work with a loan auditor who understands mortgages and the laws and regulations that affect them - those that are in effect now and those that were in place when the loan was originated.
There’s nothing like the personal touch when it comes to auditing a mortgage and making sure that you will be able to stop foreclosure for your clients. Simply put, software isn’t going to be able to give you all of the information that you need; to be there for your clients, you need to go a step further.
