PROGRAM DISCONTINUED = NOT AVAILABLE
NATIONWIDE APPROVAL - 50 STATES
We are pleased to offer a Loan Modification program to ALL Homeowners Nationwide in all 50 states. No matter "who" your lender is, or "where" your home is located, we can help modify your current mortgage. Please call or email
Completed Loan Modification #4
The customerís interest rate was reduced from 9.668% Adjustable to 5.00% with an interest only option. Saved the customer $225 per month, moved $3609 in back payments and $989 escrow shortage to the end of the loan.
Situation: Customer fell behind on mortgage payments, due to interest rate increase
Mortgage Type: 2/28 Adjustable interest Rate
Original Rate: 7.20%
Current Rate: 9.668%
Mortgage Arrears: 4 Months = $3609 (Payments NOT made)
Mortgage Payment: $1184
New Rate: 5.00% Fixed for 60 months
Mortgage Arrears: Arrears (Back payments) moved to back end of loan
New Payment: $764.63
Another satisfied customer! We helped save the customerís home. We helped lower their interest rate and saved the customer $424 per month. And we helped convert their high risk adjustable interest rate to a fixed interest rate for 5 years.
Actual Modification Document Included Below
Just another ACTUAL real life example of the many success stories we have experienced. Another very happy homeowner with a successful modified loan and mortgage.