Did you know that a successful loan modification could  achieve you the type of mortgage  not even borrowers will 800 credit score and tons of cash could ever qualify for?

It’s incredible.. borrowers in bad financial conditions are obtaining better mortgages though modifying them then even the perfect borrower.

So tell me, would you like YOUR property to be added to our list of loan modification success stories? 

BELOW are examples of what our experts have done in the past with their client’s  loan modifications.

Case #1

This client went from 11.25% to 5.625% and saved $1082 a month, making this deal a shorter break even than any refinance could have done.

Case #2

This client came to us 18 days prior to the sale of his home. We worked with his lenders to save his house and modify his loan from 11.25% to 4.875%, saving him almost $2,000 a month!

Case #3

This client went from being 4 months behind at 7% to being current with a 5 year ARM, saving more than $1,700/month.

Case #4

This client went from being 2 months behind at 10.25% to being current at 4.85%, saving her more than $1,300 a month.

Case #5

This client went from being 11 months behind after her ARM adjusted to 10.875%, to being current with a new 2 year ARM at 3.875%. Her monthly mortgage payments are now a third of the original amount.

Case #6

This client fell behind on mortgage payments on a house he has lived in for 19 years. We worked with his lenders to lower his rate from 8.5% to 1.75% for five years, saving him over $1,700 a month.

Case #7

This client saved $773 a month and his lender brought his tax liability current. 

Case #8

This clients’ loan was modified from a 40 year fixed 10% loan to a 10 year interest-only loan starting at 3.625%. The clients saved over $2,000 a month from modifying this loan!

So what’s the secret?

Quite frankly, the secret to our loan modification success stories is our negotiators.  Our negotiators are veterans in the mortgage industry who have direct relationships with the Vice Presidents, directors, etc. of the very banks that you are struggling with.  They also realize the following:

1.  How to skip past customer service and influence the ones making the actual decisions

2.  How to negotiate an “internal” loan modification as opposed to an “external” mod (ie. Obama plan)

3.  How to use legal deficiencies and mistakes  as leverage to negotiate (and sometimes threaten) lenders into cooperating with you

4.  How to  prepare your loan mod package  for optimium success (people have no clue how to formulate the package correctly)

Would you like more inside information on these success stories and the secrets to obtaining them?  If you are seeking similar results with your mortgage, I highly advocate contacting our experts to discuss your loan modification.

Kevin

Filed under: Finance • Other Loans

Like this post? Subscribe to my RSS feed and get loads more!