TROY, Mich., April 22 /PRNewswire-USNewswire/ -- After helping a special needs couple save their "Extreme Makeover" home, Seth Cohen launched MortgageAidUSA, LLC, a company created to modify home mortgage loans of families facing hard times.

Cohen, with over 10 years of experience in the mortgage and housing industries, learned about the Vardons' plight through a local news broadcast and stepped in to modify their adjustable mortgage rate when it skyrocketed to 12 percent. Negotiating with the family's lender, he was able to reduce their rate to 5 percent, allowing the Vardons to stay in the home specially outfitted for their blind and autistic son.

"When we were in dire straits and about to lose our 'Extreme Makeover' home, Seth Cohen came to the rescue," said Judy Vardon. "His expertise and knowledge of the current mortgage crisis and his selfless determination to work with an obstinate mortgage company helped us save our home."

Cohen was recently recognized by the Oakland County (Michigan) Board of Commissioners as an "exceptional citizen who generously gave his time and shared his talent to help the Vardon family."

MortgageAidUSA will initially assist homeowners in Michigan, Connecticut, Indiana, Ohio and Pennsylvania. The company is accredited by the Better Business Bureau and offers a money back guarantee for mortgage loans that cannot be modified.

"I realized that our current economic crisis is forcing many hard-working people to face the possibility of losing their homes at a time when banks would prefer to negotiate rather than let homes go into foreclosure," explains Cohen. "That's when I decided to use my expertise to help people deal with the obstacles they face when they try to negotiate on their own behalf."

Based in Troy, Mich., MortgageAidUSA works with lending institutions to help homeowners stay in their homes. The company's experienced staff and knowledgeable attorneys deal directly with the lenders' loss mitigation departments, resulting in immediate solutions for customers. For more information visit http://www.mortgageaidusa.com or call 1-866-985-4AID.

    Contact:
    Sue Voyles
    Logos Communications, Inc. / 734-667-2005
    sue@logos-communications.com

    Seth Cohen
    MortgageAidUSA / 248-562-2289
    scohen@mortgageaidusa.com

SOURCE MortgageAidUSA