Loan Modification Process

 

Compliance with CA Law 2923.5

Crawford Park Financial inc. complies with the new lending laws specified in California law 2923.5 to assist borrowers that find themselves in difficult financial situations.

  1. Options may be available to borrowers who cannot afford their mortgage.
  2. The instructions on how to explore those options are:
    1. Contact us to discuss these options at 310.273.3333, jcrawford@crawfordparkfinancial.com, or 9301 Wilshire, Ste. 506, Beverly Hills, CA 90210.
    2. Submit your request in writing, detailing the specific reason for your request.
  3. A list of financial documents borrowers should collect to discuss options with the beneficiary:
    1. Pay stubs –3 most current months
    2. Bank Statement – 3 most current months
    3. Tax returns – most current past two years
    4. Debt obligation documentation details
    5. Monthly debt obligation and income summary
  4. The HUD (US Dept. of Housing and Urban Development) toll free counseling number is 800-569-4287.

9301 Wilshire Blvd., Ste. 506

Beverly Hills CA 90210

310.273.3333

info@cpf1.com