Loan Modifications - Cut your payment in Half !

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 4, 2009 -- Loan Modifications are for borrowers who fit any or all of the following: Behind on mortgage, Little/no equity, Upside down, Struggling to keep up on mortgage payments, Can’t qualify for a refinance, ARM that just adjusted and the payments are now too high or Headed to foreclosure.

Hardships that Get “Mods” Approved -Adjustable Rate Mortgage Reset-Payment Shock, Illness of the Borrower or Borrower’s Family Member, Curtailment / Reduced income, Loss of Job, Abandonment of Property, Property Problem, Inability to sell or rent the property, Mortgage Origination, Servicing or Collection Problems, Transfer of Ownership delays, Failed Business, Job Relocation, Death of the Borrower, Spouse, Co-Borrower or in the Family, Incarceration, Divorce, Marital Separation, Military Duty or Damage to Property (natural disaster or unnatural).

How to determine if you are a Appropriate Candidate for a Modification. The lenders are only looking for one thing: Can you afford the new payments? Now to calculate a qualifying monthly mortgage payment, use the benchmark fully amortizing 3% rate on whatever the new balance might be, counting arrearages if they are added back into the loan. Some client’s balances could get reduced to 90% of current appraised value.

We charge 1 month’s mortgage payment upon submission to the lender and .75% of the loan amount upon successful completion of the modification.

In the event there is no modification agreement then there will be NO FEE for modification.

Within 24 hours: We will input the file into our system to verify qualification.

Within 72 hours: We will request authorization from the lender

After the authorization is sent back we order the loan modification package which the borrower completes and sends back with their documents.

Proposed Timetable The estimated time table for these files is Thirty to Sixty Days for completion. Lenders do vary on these time tables and it is ultimately in their hands. 1st Call will use their professional knowledge to speed up the process on every file.

Top Ten Reasons To Do Business With 1st Call Consultants
10. We have a stringent pre-qualification process for our program.
9. We have a 3 day right of rescission.
8. We utilize the NPV test the same software the lenders do.
7. We have a refund policy.
6. We have access to attorneys for processing.
5. We know how to structure your file so you get approved with the best terms.
4. We have access to the key decision makers at bank.
3. We are mortgage brokers, real estate agents and finance professionals.
2. We can document the savings our customers have received.

1. We have 100% Success Rate when customers follow our directions.

"The lowest rate wins"

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