Do you have the right license required in your state to do loan modifications?

Many of the States Out There Have Laws Restricting What We Can Do With Our Loan Modification Company.

In some cases, we need special licensing as a real estate broker or mortgage broker. In other cases we must follow rules that apply to "foreclosure consultants" or "distressed property consultants".

Also, almost all of the states now restrict you on advance fees. In Califonia for example, no one can charge advance fees for loan modifications, not even attorneys (new law went into effect on October 1, 2009).

Also, in many states we are restricted on the collection of advance fees.

Are you looking for the answers to the various requirements you need to know about to stay out of trouble in your state when engaging in loan modifcations? Are you looking for a list of states that currently have no licensing requirements?

We have a great product that you can take a look at here to help you with your loan modification business in each of the states you are working in::

Try our Loan Modification State Summary Reports. Each state goes for $100 per state but you can get the entire 50 states of reports ata reduced price. See the link below for this special price.

To get a better understanding of these requirements, email me at info@mortgageroadrules.com for more information or if you are ready to order one of these state kits, click here for the order form.