Phoenix, AZ -- (SBWIRE) -- 02/14/2011 -- Home Affordable Mortgage Program (HAMP) is one of the government programs which can help you lower your monthly mortgage payment, and helps you in avoiding the foreclosure and keep your home.

Three plus years after the real estate bubble has burst, millions of homeowners continue to struggle with their mortgage. During this time, the government has created many different programs to help homeowners. HAMP, which is a loan modification program, is one of them. However in order to receive help from this, or any Loan Modification Program you must first qualify.

Government has just passed new law which took effect Dec 29, 2010. This new law prohibits any loan modification service other than a licensed attorney to collect fees up front for their service. This law is designed to protect the homeowner from the less than scrupulous services that may take your money and fails to deliver on their promises.

You can be assured that when you retain the service of a licensed attorney for the purpose of loan modification, you are in good hands. They will walk you step by step through the process, beginning with all important qualification processes.

This is the part of the process many homeowners have relied on their lenders to provide them with the insight and direction on how to apply for loan modification, only to be let down and later disqualified. Without the knowledge of the programs and the insider secrets the average homeowner does not have, their chances for success are extremely limited.

Only a professional can prepare a qualification package, which is going to impress your lender and make them want to find a solution to your mortgage situation. The minute details which can mark the difference between success and failure are what your attorney knows exactly how to present to the lender. On the other hand if during the qualification process your attorney determines that you simply do not qualify, they can then advise you on the alternative solutions available for you to avoid foreclosure. This is of great benefit to you, as you will now have the time many others did not to pursue one of these alternative actions.

The biggest problem is, that your lender is not going to go out their way, to make sure you do all the right things that will assure your success. They might even drag out the process to the point of no return, leaving you with no time for alternative action.

Bottom line; Get professional assistance today if you want to have "The Best Chance for Success!"

Even if you are currently engaged with your lender, the assistance of a professional is a must have.