The Law Office of Michael E. Ripley

Exceeding Expectations


Law Office of Michael Ripley Helps Homeowners

[* The foregoing lists represents the results obtained for some of the Law Offices' clients. These results are highly dependent on the facts of each client's financial situation, including the amount owed by the client, the client's prior loan modification attempts, the market value of the property, the individual practices of each client's lender and other factors that are the subject of loan analysis before application. They are not indicative of the results that may be obtained for any particular client and they are not representative of what result may be obtained for any particular client, nor what result may be obtained from any particular lender.]

"We would like to thank the Law Offices of Michael E. Ripley. We came to them with hopes of getting a loan modification after unsuccessfully trying for loan mod on our own. The team of Nelia and Dave worked so hard with our paperwork and diligence with the banks, to persevere with all the needed documents to successfully have our loan modified after being previously denied twice. This was a huge relief from the predator loan and payments we had been making. Our loan payments are now manageable and reasonable based on the value of our home. Thank you once again, Nelia and Dave, for your professionalism and expertise to push our loan modification through and for your perseverance to follow-up on the process."

Daniel and Theresa

"We cannot thank you enough for what we were able to achieve from our loan modification. Too bad we did not meet you sooner! We were referred to your office by one of your clients whom you were also helping to get a loan modification. I can never forget the day we walked into your office, because Nelia called our lender (Bank of America) on the spot after working our scenario. I was amazed that the bank quickly put us in the loan modification process after being denied previously on several occasions. Nelia seemingly punched the right buttons on the phone that night! She was right on the money and everything worked out perfectly! We have been denied at least three times prior to going to your office. Genna and Nelia worked and took our case like one of their own and pursued it with their absolute best. They were always there to answer my questions--tough issues. They were always on top of things. Their weekly updates and constant communication with our lender kept us at ease throughout the entire modification process. We were so confident that we would get the results we needed because of all your tireless efforts. The result was a principal reduction of over $234K, an affordable payment at 2.125% principal and interest, and the best thing is that our lender kept our original maturity date. We truly have peace of mind now knowing that we can keep our house and have shelter we can really afford. A job well done!"

Thanks much,

"The load modification that the team at the Law Offices of Michael E. Ripley helped me obtain is a complete life changer, saving me over $10,000.00 a year on my mortgage. Along with their expertise and maintaining constant and effective communication with the lender, they always kept me well informed every step of the way, making the loan modification process a breeze. Most importantly, the team is always looking out for your best interests and will work hard to get the best deal possible for you.

- R.A.

"I would like to take a moment to thank you and your staff for your outstanding work, my utmost respect for your professionalism and honesty, for understanding our needs and treating us as human beings. I am very pleased with the positive outcome of the negotiation with Chase. I will keep on recommending this law office to friends in need. There are many other things I could add, but mainly I'd like to say thank you again Nelia, Genna and team for all your good hard work. This has been a difficult time for us but you have made it less stressful."


"We were so pleased with the commendable services that we received from your Loan Modification Department. From being knowledgeable, straightforward, informative, prompt and dedicated; the employees really know the ins and outs of the whole process of the loan modification business and transactions. From Nelia Castra, Dave Rossi and the rest of your staff, we thank you so much for the great help you have given to our family. Job well done."

Mr. & Mrs. G.

"When I first came to you, I didn't have high hopes, but you and the other staff members gave me strength and drive. You were all supportive and helpful. I got a GREAT modification due to your persistence and ability. Using the Law Offices of Michael E. Ripley was by far my best decision to save my house and anyone trying to do the same would be wise to hire you and not do it themselves. Thank you very much for all your efforts."

- Martin

"At first I was skeptical that anyone could get a loan modification and especially given my personal financial situation. That said, after much work on the part of the Law Offices of Michael E. Ripley, I was able to secure a loan modification for my first mortgage that enabled me to keep my home."

- J.B.

"Mr. Ripley's office worked hard and diligently with us when it seemed all odds were against us. Having been denied numerous times prior to Mr. Ripley's office taking over, Mr. Ripley's office was able to obtain a suitable loan modification for us. Our old monthly payment was $2,200.00 interest only. Now our new modified loan payment is still $2,200.00 which now includes interest, principal and escrow."


"Thank you so much for helping us get a positive and outstanding result on our loan mod. We could not have gotten this without your professional guidance and tireless efforts working with our lender – Bank of America! You were always on top of things! Job well done."


"I would like to thank your office. I am stress free now, not worrying anymore about foreclosure. Your staff was professional and you updated us every time of our modification. Again, thank you and thank you."

- E.S.

"I am so happy to have had the pleasure of working with the Law Offices of Michael E. Ripley on my recent loan modification. The team of experts surpasses all! During the process they always had a 'we will make this happen' attitude…and they did! Results speak volumes and I couldn't be more pleased. I can stay in my house and afford the payments."

Thank you,

"For two years, we tried unsuccessfully to obtain a loan modification on our own. When we finally fell behind, we enlisted the help of government programs. They were absolutely useless and disorganized. When we were approximately 30 days from losing our house, we called the Law Offices of Michael Ripley. We were met with warmth, understanding, and the highest level of professionalism. The staff helped us, provided us with immediate reassurance, and within 3 weeks we were able to move forward from the two year nightmare with a loan mod. We can stay in our home and raise our family in the place we envisioned. We can't thank you enough!"

-C.P. and family

"Our experience with your office was very positive. Your office staff are professional and always providing updates on our status regularly. We were very excited about the loan modification approval your office got for us. Our payments decreased from $5,061/month to $3,982/month. We will definitely refer our friends and family!"

Best, ~ S.S.

 "On behalf of my husband and I, we would like to thank your good office and your staff for providing us the best modification service in town. Words are not enough to describe how lucky and grateful we are. With the help of your professional staff, your company gave us big hope to move forward and we were able to start fresh again. From the bottom of our hearts, a million thanks to you all. May God shower you all with abundant blessings!!!"

Charlie & Angela

December 2014 "Thank you so much Debbie. This is great news to hear! I just want to say that you and all who have persevered with us in your office during this process are exceptional human beings and consummate professionals. We consider ourselves blessed to have had you guys as our helpers, guides and advocates. God bless you all and may you all have a blessed Christmas!" R.S.

"Your devotion & dedication in helping people like us is whole-heartedly appreciated.  Thank you so much!  You have a great, wonderful team of professionals!  Special thanks to Nelia & Debbie who guided, assisted & did all the paperwork for us from the start through the final successful completion & approval of our papers.  Wishing your business a brighter future this New Year and all the coming years so that you could continue helping others.  Sincerely, R & E"



Loan Modification FAQs

What are my options?

Answer = Although a loan modification is one possibility, it is not the only one.  You may also consider a short sale.  You may also consider a deed in lieu of foreclosure.  Bankruptcy is another option.  Foreclosure avoidance is another option.  At the Law Office of Michael Ripley, we consider all of the options for a perspective client, before giving advice as to what the best option for them will be.

Why choose Loan Modification?

Answer = Loan modification works to create a mortgage resolution that is financially sustainable for a homeowner. The most common benefit to the homeowner is avoiding foreclosure. Lenders benefit by reducing the losses they would incur through foreclosing on the homeowner.

What if my credit is bad?

Answer = Whether your credit is good or bad does not determine if you get a loan modification.

What if I don't have any equity or I'm upside down on my mortgage?

Answer = Generally, people who are seeking loan modifications want to stay in their house even though they owe more than it is worth.

What can a prospective client expect in terms of a loan modification?

Answer = You will know what to expect during the first meeting with us. The government's guideline is a house payment cannot exceed 31 percent of your gross income. If a payment is 40, 50 or 60 percent of your gross pay, you can expect to get your payment down.

How much can someone expect to achieve dollar wise?

Answer = This dollar amount varies. Generally, with 30 to 40 years left on a loan and a savings of $500 a month, there would be a savings of over $150,000 over the life of the loan.

Do all banks engage in loan modification?

Answer = All banks are supposed to engage in loan modification. Some are easier to work with than others. We have been successful in getting loan modifications from every lender out there.

Is the government involved?

Answer = Yes, it can be, and there are several programs offered under President Obama's Making Home Affordable program. These include: Home Affordable Refinance Program (HARP), Home Affordable Modification Program (HAMP), Second Lien Modification Program (2MP) and Home Affordable Foreclosure Alternatives Program (HAFA).

How long should a client expect the process to take?

Answer = There is no easy answer and each case is different. But most cases are successfully completed within 60-90 days.

What should I expect my payments to be for my new loan?

Answer = The guidelines used by each bank are different, and the guidelines have been changing on a continuing basis. Typically, your lender will modify your loan so that you can afford to make your monthly payment. They do this by lowering the interest rate, extending the life of the loan, by principal reduction, or otherwise, by reducing the monthly payment so that you can continue to live in your home.


Contact Us

The Law Office of

Michael E. Ripley

Loan Modifications

12520 High Bluff Drive

Suite 110 (First Floor)

San Diego, CA  92130

Phone (858) 792-5800

Fax (858) 794-9132


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8:30am to 5pm

Pacific Standard Time

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