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Forensic Loan Audit – Loan modification Software

Forensic Loan Audits are fast becoming the next trend in the loan modification arena. Forensic Loan Auditing is a comprehensive and detailed way to uncover violations of various state and federal laws which can be spotted within clients loan package they received from the lender. Once trained, a professional can go through a complete loan file and locate particular violations and errors which constitute legal issues building a case for your borrower.

Uncovering violations such as respa laws and til lead to a higher chance of completing a loan modification. This is largely due to the fact that these legal violations constitue legal ramifications for the borrower against the lender. In some cases the borrower recieves a refund for the interest paid to the lender and more. In addition, forensic loan audits are a great way to show the lender that the file is in fact due for a loan modification due to the fact that there are legal violations within the loan file. Furthermore, forensic loan audits build a case for borrowers in case they need to go to court and defend their case if it comes to that point. In that case, the forensic loan audit may be used as a legal tool in the courtroom to assist in a legal victory for the homeowner. There are many possibilities for forensic loan audits at the present time and in the future. We are now just seeing these posibilites emerge during this incredible new market we are in.

Forensic Loan Auditing is quickly catching on and spreading. Many forensic loan audit companies charge upwards of five hundred dollars just to do a forensic loan audit on a borrowers file. This can be very costyle when working on multiple files at the same time. The forensic loan audit toolkit included with the loan modification software package allows you to quickly do a forensic loan audit on your clients loan and determing if there are any violations in the clients file. This package is a great way to start doing loan modification and will help you and your clients greatly.

Shawn Adli provides Loan Modification software for storing loan modifications.For more information about Loan Mod Pro, Forensic Loan Audit visit http://www.directcapitalsoftware.com

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