Services

We start working for you from the initial call. We will prepare and analyze your data begin structure a strategic plan to help save your home. We will negotiate with the lender to modify your loan to an affordable and comfortable payment. Because we know and work with many lenders on a regular basis, they are receptive to us and our clients. We know how to present your situation so that you end up with the best possible resolution. Here are some of the potential solutions we can pursue for you...

Loan Modification

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A Loan Modification simply changes your existing mortgage note and terms allowing you a fresh, clean start in managing your home.

A large number of clients will find themselves using a Loan Modification Plan to avoid foreclosure. If you can currently afford your regular monthly mortgage payment but you can't catch up with the past-due balance, we will negotiate with the lender on your behalf to forgive any past-due amounts including interest, penalty and escrow or to add back the delinquent total to the unpaid principal balance. The new amount will be re-amortized over a new time period. If you are unable to financially afford the new payment, we will negotiate with your lender to extend your loan for a longer term, Therefore modifying the loan amount to a new affordable and comfortable monthly payment. Your mortgage account will be brought current immediately.

Reinstatement

The Reinstatement amount is the total amount that is past due including late fees and Attorney costs. This amount is what is required to bring your Mortgage current. Because of your financial circumstances in the past, you may be facing a sizable amount of past-due fees, including back payments, late fees and legal expenses. If you are able to pay the total in full to bring your payments to current status by a specific date, you may be eligible for a Reinstatement plan. A Reinstatement will offer you the quickest method for resolving your mortgage foreclosure. With your foreclosure resolved you can enjoy the security of your home.

Repayment Plan

The most common way of resolving a loan default is to work out a plan which will let you repay part of the delinquency each month, along with you regular monthly installment. Most of our clients will be eligible for a Repayment Plan for the amount they are delinquent if their financial circumstances have stabilized. Most of our clients have realized a short term financial hardship that has caused them to become delinquent. They are now financially back on their feet and need help getting caught up. We will negotiate with your lender to re-distribute your past-due amount over a set period of time, usually 18-24 months, depending on your circumstances.

Loan Forbearance

Some of our clients are eligible for Forbearance, which will give you time to gather your assets. In a Forbearance plan, you are allowed to delay or reduce payments for a short period, with the understanding that another option will be used at the close of that time to bring your account to a current status. Your lender (if in agreement) will then temporarily cease legal actions.