San Gabriel Valley Mortgage Offers Home Mortgage Modification in San Dimas, CA

San Dimas, CA, March 18, 2009 --(PR.com)-- San Gabriel Valley Mortgage has recently been approved by the Department of Real Estate to mediate home mortgage modification in all of California.

Over the past year, when estimates showed that by the turn of the year over one million homes would fall into foreclosure, the Department of Real Estate took notice and moved a plan into action to counter disreputable persons from taking advantage of unsuspecting lenders and borrowers. The Department of Real Estate began issuing compliance orders in an attempt to regulate Loan Modifications, which some refer to as Home Mortgage Modifications.

“We’ve excited about this opportunity to perform Loan Modifications in the State of California,” states Ray Gunderson, President of San Gabriel Valley Mortgage in San Dimas, CA, “Although how we all got here is disheartening, but we can now move forward and do the very best we can. Having this approval to accept an Advanced Fee Agreement will help both everyone involved.”

The approval from the Department of Real Estate allows San Gabriel Valley Mortgage to work closely with borrowers and lenders to perform home mortgage modifications. If a notice of default has not been recorded against the property, San Gabriel Valley Mortgage can mediate a possible resolution between the owner and the mortgage company. An Advanced Fee Agreement must be signed, submitted, and permission granted by the Department of Real Estate before San Gabriel Valley Mortgage is allowed to collect their fee.

San Gabriel Valley Mortgage’s Loan Modification program is available in all of California. For more information call San Gabriel Valley Mortgage’s office in San Dimas, CA at 1(866) 578-4192 or visit San Gabriel Valley Mortgage’s website: www.sgloanmodifications.com.

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