Wednesday, August 27, 2008

Example Loan Modifications Approved

EXAMPLES OF LOAN MODIFICATIONS GETTING DONE
If you would like to know the secrets to successful loan modification help and strategy, please request free loan modification strategy eBook This is a really great way to learn your options and decide if this is right for you.


• COUNTRYWIDE- Had 7.6 3 MONTHS BEHIND- MOD APPROVED AT 6.7 FIXED FOR 30 YEARS

• CHASE- 7.4 ADJUSTABLE- MOD APPROVED AT 4.25 FIXED FOR FIVE YEARS, 6.25 FIXED FOR REMAINING TERMS OF THE LOAN

• INDY MAC-10.75 FIXED- MOD APPROVED AT 4% FOR FIVE YEARS AFTER WILL MODIFY TO 7.25 FOR REMAINING TERM OF THE LOAN

• FIRST FRANKLIN- 8.25 ADJUSTABLE- MOD APPROVED AT 5.26 OFR THREE YEARS THEN WILL INCREASE .25 PERCENT FOR REMAINING TERM OF THE LOAN.

• INDY MAC- 11.625 MOD APPROVED AT 8.625 FOR FIVE YEARS. WILL MODIFY AGAIN AFTER FIVE YEARS

• LITTON- 10% ADJ- MOD APPROVED AT 8.25 % FIXED FOR 30 YEARS

• CHASE- 7.55 ADJ- MOD APPROVED AT 5%

• FIRST FRANKLIN- 11.68- MOD APPROVED 5.625 FOR 3 YEARS, THEN ADJUSTS TO 8% FOR LIFE OF THE LOAN

• COUNTRYWIDE- 9.625- MOD APPROVED TO 3.25 FOR TWO YEARS, 4.6 FOR TWO YEARS, THEN ADJUSTS TO 5% FOR REMAINING TERM OF THE LOAN.

• NATIONAL CITY – CLIENT HAD A 7.75% NEG AM LOAN AND WAS 9 MONTHS BEHIND ($24,500 DUE). CURRENT LENDER OFFERING BORROWER A FREEZE AT 7.75% AND HE ALSO HAD TO PAY ALL AREARAGES. LAW FIRM WAS ABLE TO GET CLIENT 5.5% FREEZE FOR FIVE YEARS AND 6.5% 30YR FIXED AND ALLOWED BORROWER TO ONLY HAVE TO PAY LENDER $6,500 FOR AREARAGES.

• HOME EQ – CLIENT HAD 2/28 11.00% - RECEIVED NEW 30YR FIXED LOAN AT 7.4% SAVING HIM $924.00 PER MONTH.

Loan Modification Approved Fast

Loan Modification bullet points

If you would like to know the secrets to successful loan modification help and strategy, please request free loan modification strategy eBook This is a really great way to learn your options and decide if this is right for you.


• Dropping property values are making it difficult to refinance out of a negam/ pay option arm or adjustable rate mortgages

• Increasing restrictions at the federal level are changing the future of mortgage lending. No more stated income loans and the feds requiring lenders to verify income and assets.

• Now is the time to secure a 30 year fixed mortgage.

• The flexibility in acquiring a loan modification is temporary. It is assumed once the feds steps in and starts to bail out lenders and banks it will be more difficult to get loans modified.

• Our attorney has a high success rate (in the high 90’s) and offers a refund if they cannot get the loan modification approved which is unheard of with attorneys.

• This is a real estate law firm that focuses on Loan modifications.

• Loan Modifications do not require credit reports or appraisals to qualify. They are based on income, monthly household expenses and hardship.

• Some of the many benefits of working with our law firm is that they have relationships with most lenders, they have experience and resources available to make this happen.

• One big benefit to your clients is compared to doing a refinance which charges an average of $10k depending on point spread the law firm charges and average of $2500 to do the job.

• The Government bail out program is misleading and is designed to help certain homeowners. Does not work for delinquent or stated income borrower’s. FHA is entitled to 50% - 100% of your home’s equity. You still have to qualify for an FHA loan and your current lender has to approve the bailout and to decrease your current loan.

Tuesday, August 26, 2008

Loan Modification- Stop Or Avoid Foreclosure

Loan Modifications are STOPPING FORECLOSURES ACROSS AMERICA! WE WORK FOR YOU, NOT YOUR LENDER. If you would like to know the secrets to successful loan modification help and strategy, please request free loan modification strategy eBook This is a really great way to learn your options and decide if this is right for you. We are experienced Foreclosure Prevention Consultants working together to help you stop the foreclosure process and save your home. We specialize in out-of-court resolutions of government and non-government mortgage delinquencies and foreclosure claims against homeowners and loan modifications. These can be FHA, Rural ....

2 ForclosureStop
Today, people more then ever need support & guidance to make ends meet. The Helpful Hands Foundation [THHF a 501 c 3 Charity] has a dedicated staff that structures and implements programs to help people get back on their feet and also to guide youths to a productive career path. Securing work, education and counseling while promoting financial independence is one of our goals. The Helpful Hands Foundation Purpose: Section 1. Provide preventive help for individuals and families facing foreclosure ...(more)

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Sign up to receive grants announcements from the Federal Grants Opportunities (FGO). After subscribing you will receive announcements of new grants and modifications of existing grant announcements. Grants & Loans Directory Click Here! Looking to Start Your Own Business? Need Money For College? Get a Government Grant To Acquire the Money You Need. Click Here To Learn How to get a loan modification.

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<>Mortgage Loan Modification Act of 2008 on ...(more)

5 Countrywide-Home-Loan-S3
<>Loan modifications accounted for 69 percent of all home retention efforts,. ...(more)

6 LoanRelief
<>loan modifications and foreclosure prevention services. Operating in all 50 States.

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<>Loan Modification Forbearance Agreement, Deed in Lieu and a short sale ...(more)

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