Our goal is to stop your foreclosure and give you a fresh start. Our success rate is 99%.
We are specialists in working with your lender, or lenders, to restructure your current loan(s) by providing you with a unique, professional plan that you and your lender can accept.
We fully understand that you have a serious problem and only a short time to overcome the real possibility of losing your property.
The lender wants to see a provable relationship between the homeowner's income and expenses that will ensure them and the federal regulators that the homeowner will be able to make his payments in the future.
KNOW THE LAW - Every State has different foreclosure laws that govern how long it takes a lender to foreclose on your home. Time can vary from 60 days to 9 months. Contact us and let us know what State you're in and we will send you your rights, in your State
Typical results of our restructuring plans:
LOAN MODIFICATION - 99% of all «A» type lenders and 70% of sub-prime lenders (with high interest rates) will negotiate a loan modification where your delinquent payments and foreclosure fees are added onto the back of the loan. Your loan payments will remain approximately the same. In some cases the interest rate will be reduced temporarily
FORBEARANCE PROGRAMS - Typically 30% of sub-prime lenders (with high interest rates) will only offer a workout program that requires you to immediately pay at least 20% of your total delinquencies including foreclosure fees, plus the balance of the delinquency will be added to your regular monthly payments over a period of 6 to 24 months. A few will offer 48 months
FORBEARANCE PROGRAMS OFTEN FAIL IF THE LENDER IS NOT FORCED TO CONSIDER THE ABILITY OF THE BORROWER TO PAY. WE REQUIRE THEM TO CONSIDER YOUR ABILITY TO PAY
Please note: we believe that bankruptcy is the absolute last resort
FHA and VA loans CAN BE MODIFIED. FHA can give you a no interest and no payment loan to bring your loan current.