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**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information found on this page should be considered as opinion and not fact based on our experience with lenders over 10+ years. Consult your mortgage servicer directly or a professional before using any of the information found on this site. If you are seeking an intermediary to assist you in getting help with your mortgage you may contact us at 888-934-3444 or via email at [email protected] for further review for a no fee, no obligation, consultation. If required you may be referred to a local professional or legal counsel for additional assistance with your mortgage. Please read through our Disclaimer page for additional details. We do not represent in any way any financial institution named on this page. If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

360 Mortgage Group Loan Modification

Get Help With Your 360 Mortgage Loan Modification

Talk To A Specialist Who Knows How To Deal With A 360 Mortgage.

Get Help With Your 360 Mortgage Loan Modification

Talk To A Specialist Who Knows How To Deal With A 360 Mortgage.

360 Mortgage Loan Modification Process

360 mortgage has a conventional process for Loan Modification very similar to the procedure of other companies:

  1. Process is initiated by a phone interview.
  2. Completion of 360 Mortgage Request for Mortgage Assistance package and submission along with supporting documents and complete finances.
  3. A Property Valuation is Completed using a Broker’s Price Opinion (If, Applicable) – Often this is done via an automated valuation model (AVM)
  4. Terms of Modification Are Reviewed, Negotiated and Sent To Underwriting
  5. Lender Provides A Response

Regrettably, the loan modification process with 360 Mortgage is never easy. That is why we, Absolute Consultant Group (ACG) are here to support homeowners through the process. Often you will have to move back and forth with 360Mortgage. It is very typical that you will have you submit the documents again and again. Often you will be faced with a problem that you will be transferred from department to department having you run around from 360 Mortgage Loan Modification Department to 360 Mortgage’s Customer Service Department. Often clients come to us after submitting the wrong information on their application, getting denied, and not being able to figure out what happened. Our staff is available to review your paperwork and to help you step with the best foot forward. Call us at 888-934-3444.

360 Mortgage Loan Modification Timeline

There is a lot of bureaucracy involved when you are dealing with a company like 360 Mortgage. The timeline of 360 Mortgage Loan Modification varies due to various reasons some of which are simple but some are not so simple. Here are a few of the reasons this question has such complicated answers.

  • For one, 360 Mortgage Inc is just a mortgage servicing company. This means that they service loans on someone’s else behalf known as an investor. As a servicer they have to abide by their PSA or Pooling and Servicing Agreement that they have with each investor. The investor may have allowed the company to make some decisions on its behalf but for the decisions that they are not allowed to make they have to get permission from the investor. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from most servicers. As you can imagine the more parties invovled the longer it takes and the more someone like 360’s Mortgage Department has their hands tied.
  • Another issue, The other thing that effects the loan modification timeline is the urgency, the business is based on first come first serve model untill you ask the question that whether you loan has a sale date? If it does, chances are you are going to get bumped up in the process. Servicers such as 360 Mortgage have homes going to sale just about all the time. Sales even set a week from today are not worked as urgently as you might want because of foreclosures pending going to auction between today, tomorrow and the next day. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Lastly, There is no one program that fits for all mortgage solutions. You often will be reviewed for a large number of programs. If you don’t qualify for the first modification type they will review you for the next one. In the banking world departments become very specialized in their  particular types of programs. Loan modification negotiators review only loan modifications and short sale negotiators only review short sales. The method is called the waterfall process and you will also find that often you are reviewed by different loan modification departments at each step of the waterfall.

360 Mortgage Loan Modification Timeline Conclusion: Sorry to say but time frames vary greatly. Whether the decisions can be made in house or have to be sent out for appoval, whether you fit the first plan you are reviewed for or the 10th plan, along with factors outside the bank including but not limited to how fast they are able to get their property values back from valuation companies, how fast documents are received legibly on their end and much much more all effect how long it will take for your 360 Mortgage Loan Modification to be reviewed.

If Your 360 Mortgage Modification Has Been Denied. It May Not Be Too Late

 

Dealing With A 360 Mortgage Loan Modification Decline

Often dealing with a 360 Loan Modification Decline can be confusing. Understanding the details of all the plans and how that conflicts with your information is key. Here at ACG we have dozens of points we review in order to understand why your 360 Mortgage loan modification was rejected. Have us review your declined modifcation for free by calling us at 888-934-3444.

Additional 360 Mortgage Contact Information

 

360 Mortgage Customers

360 Mortgage Complaints

 

 

360 Mortgage Loan Modification Reviews

360 Mortgage Loan Modification Complaints

360 Mortgage is a large company and the rules are literally changing every day. There are a lot of departments and even more hands in the pot of each case that making it through the system can be a real drag. It doesn’t have to be though and that’s where we come in. Give us a call and see how we can help you with your loan modification. Call 888-934-3444.

360 Mortgage 1 Star Reviews

360 Mortgage 1 Star Review:

Nightmare !!! They just raised my monthly payment $126 more !!! And nobody is answering phones and there is no access to the online account , they seemed to have disappeared I need an explanation!! What’s going on ??? How do I go about this ?

Eren M, Mill Hall , PA

360 Mortgage 1 Star Review:

Received this month’s statement and went online to pay and find that they have added ‘Escrow Shortage’ to the payment; no explanation, just pay the bottom line. Did so and have inquired twice to the reason for their math problem and have not heard back from 360mtg.
Customer service they do not have, math skills are lacking. If you have a choice do not go with 360mtg!!!

Tim L. Chula Vista, CA

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

360 Mortgage 1 Star Review:

They are rip off artists and don’t get int a situation where you ask for a modification or a reduction in payments.
Catherine M, Peoria, AZ

1 Star Situations Happen Every Day

 

ACG 5 Star Reviews

ACG 5 Star Review:

Tried modifying my mortgage loan on my own, twice actually, but no luck. Until I called ACG. [I] got my loan mod approved and all is well.

Michael, Woodland Hills, CA

ACG 5 Star Review:

We were struggling trying to get assistance in keeping our home for over a year when I was introduced to ACG Today both my homes are modified and our family has a chance for a fresh start.

Patricia, Porter Ranch, CA

ACG 5 Star Review:

I have worked with [the] team personally and professionally referring them many clients over the past few years. If you need help with a loan modification, short sale, or want to avoid foreclosure I highly suggest you use Absolute Consultant Group!

Daniel, Santa Clarita, CA

You Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your 360 Mortgage.

You Know You Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your 360 Home Mortgage.

360 Mortgage Loan Modification Mortgage News

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