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laynayumi · Jan 22, 2009, 10:53 AM

I just got a job as a loan modifier and I understand what I do already.
But, after seeing the office and who works there.
I wonder how much I could really make there?
Many interviewers claim you can make 1,400-2,000 even 3,000 weekly.
But what are the odds of that.
I also realize working in a company such as safehouse911 will eventually close down when the help of foreclosure is no longer needed, assuming because the building is leased... as they usually are... easy to go easy to set up type of tactic.
I also feel kind of bad for all those people in great amounts of debt paying these people such amounts of money to prevent losing their houses. But, I have no choice... I'll do what I must.

What are your thoughts on a loan modifier?
And what do you think it could realistically bring to my monthly income as opposed to what they said they would be paying me?

I start today at 1:00, I'd like to know what I'm in for.
For those that have experience in this field give me your words of wisdom and I assure you I will have gratitude for every word spoken.

Scales · Mar 22, 2009, 08:25 AM

Hi, I saw your question from January and I am curious about the industry as you were.
How is your Loan Modifier job working out?

laynayumi · Mar 22, 2009, 02:41 PM

I walked out because they basically lied and it started minimum wage. Which I was making much more before that. It's sort of like telemarketing in a way because you not only work with inbound calls but also outbound. I mean I just didn't like the atmosphere. If you could deal and you're mucho desperate... Go for it. But, if not I personally would never take up a job like that again. Major Crooks! But all in all... you live and learn.

Swansong77 · Apr 1, 2009, 10:07 AM

It's funny... the people who caused this mess (douche bag mortgage brokers putting people in terrible loans) are the ones who are in the loan modification business now trying to "save" people's homes. I think you made a wise choice by walking away. 99.9% of those companies are crooks and bottom feeders. People need to realize that if they are in need of a loan modification they can save themselves thousands of dollars by doing it on their own.