PackagePrep.com is an online system that allows you to assemble your own customized loan workout package to submit to your mortgage servicer. In reality, however, PackagePrep.com is much more than that...
Whether your goal is to keep your home or short sell, it is all but impossible to achieve success without a complete, accurate package. In many cases, these packages contain more components than a standard new purchase loan application! In other words, you must compile and deliver a complete package to your servicer to maximize your chances of success. PackagePrep.com gives you that complete package, customized to your situation and goals.
PackagePrep.com gives you the tools you need to complete your critical steps in the loan workout process yourself. You can confidently work directly with your servicer, and not be reliant on others to achieve your goals.
You can rest assured you’re following the correct steps and satisfying all your servicer’s requirements. We’ll help you eliminate mistakes and put your best foot forward.
By peeling away all of the misinformation, and fear, associated with this process, you will be able to focus solely on achieving your loan workout goals. There’s no need to burden yourself with becoming an expert in your servicer’s inner workings, we’ll guide you through the process step by step.
The loan workout process can be very cumbersome and time consuming if you aren’t organized and efficient, and don’t have a system to guide you through the package assembly steps. PackagePrep.com eliminates these issues and gives you more time to spend doing the things you’d rather be doing.
With robust, multi-layered security protocols, you can rest assured your data is safe and secure. We employ the latest in SSL encryption, and protect your data and activity through Thwate certification. Our system is monitored 24/7 for any malicious activity, and only you have access to your login password. In short, we are just as secure as your local bank or mortgage servicer. Learn More…
At PackagePrep.com we pride ourselves in our experience in loan workouts and understanding the importance of a complete, accurate loan workout package. We originally built the system in 2009 for mortgage servicers, as a borrower outreach tool to connect mortgage servicers with their borrowers. By working with many of the top servicers in the nation in designing the system, we were able to ensure it meets all of their data and process requirements. PackagePrep.com Institutional is being used today, generating packages for over half of the top ten servicers in the country.
We are committed to helping individual borrowers bridge the gap with their servicers to achieve lasting, successful loan workout solutions. It is with this mission in mind that we have brought PackagePrep.com directly to the borrower marketplace, to reach and assist greater numbers of borrowers in distress. We are able to offer PackagePrep.com for free to you, as we make our revenue in our institutional business, which servicers pay us for.