Juan has been approved for a HAMP Tier 1 Modification, payment reduced from $1,638.31 to $845.03, a saving of $793.28, rate reduced from 7.810$ to 2% for Five years, will increase 1% / year until caps at Market Value, also received Principal Forgiveness of $173,013.04
Sonia began experiencing a financial hardship in 2007 when she was laid off, continuing with a string of temp / contract jobs until this year when offered permanent employment. At the time of receiving a modification offer her loan was over a year and a half past due.
Valik was approved for an in house Modification, New: $3,674.47, New: $3,649.45, does not include HOI, was brought current after being behindn$38,000.00, 10 mos behind.
Jason received a modification, his payment was $832.00 and was reduced to $673.24 a savings of $158.76.
Senad was approved for an FHA HAMP Modification, Old: $1,468.98, Newt: $1,175.19 (insurance inc.), a saving of $293.79, rate down from 6.5% to 4.25%
Dana has been approved for a HAMP mod, pmt amt 1070.64 (escrowed), interest rate 4.25, term 320 months.
Lewis Myrick was approved for a MOD with Wells Fargo. Approved for HAMP With principal forgiveness of $105,143.04. New payment is $776.75 with escrow. Was 11 Months behind.
Timothy fell over a year behind on his mortgage before his modification brought him current. His payment increased slightly from $923.89 to $936.43. He was happy to begin making his monthly payments again.
Curtis & Tamika fell over 3 years behind on their mortgage before their modification brought them current. Their payment went up from $1200.00 to $1328.76, but they were happy to be able to save their home from foreclosure.
Darryl & Debora were unable to pay their mortgage when Darryl was out of work for some time. Their modification brought them current after theyb fell 14 months behind, and brought their payment down slightly from $1018.88 to $1014.36.
Michael and Pamela were approved for a HAMP modification, rate down from 5.75% to 4.25%, File past due by $39,151.74 with 46 months, Foreclosure was suspended.
Jeffrey was paying $734.79 each month on his mortgage. After modification he is paying $656.58.
Bruce was approved for a modification. His payment was previously $2805.02 and was reduced to $2308.70. That’s a savings of $496.32 a month!
Freddie Mac Mod, payment reduced from $2,805.02 to $ 2,308.70 (escrowed), a savings of $496.32 a month, rate also reduced from 6.625% to 4.625%, 20 months past due, a past due balance of $48,988.72, Bruce’s work hours reduced until laid off in fall 2012.
The payment was $1180.00 and was reduced to $1004.20, The interest rate was also reduced from 6.0% to 3.875%
Approved for a proprietary mod pending a 3 month TPP. TPP is from 09.01.2013 to 11.01.2013. Old: $948.23, New: $1372.16, an increase of $423.93 but her interest rate reduced from 6% to 4.875% for 1st 5 yrs then fixed of 5.25% after that.
George is in the construction business & has had a large decrease of income since 2009. He had received 2 prior modifications in the past, then been declined 2 additional times afterward by his investor. After completing this recent review with our office he was offered another modification offer.
DeBorah was approved for a HAMP partial claim Modification, Old: $906.07, New: $696.13, $15,656.45 Interest free, not due until first mortgage is paid in full, Rate down from 7.03% to 4.5%
The terms of the loan had been previously modified, already at 2% fixed rate interest & stretched to a 40-year loan. His debt-to-income ratio was also at 28%. Due to not having anywhere for the lender to stretch the terms of the loan, was offered a repayment plan.
New: $735.97 (escrowed), Old: $754.47, Int. rate 4.25%, Term 360 mths, Loan is past due for (25 months) $18,570.95. Mod will bring loan current.
James was one year delinquent he was approved for a modification with a new payment of $3038.47 and new interest rate of 3.75% fixed (old payment $3146.81 old interest 5.2%
Terry received a permanent modification agreement that requires him to make payment of $966.49 starting 3/1/2014. The payment was $1184.00 and was decreased to $966.49. That’s a savings of $217.51 per month!
Carol found herself unable to keep current on her payments after she lost her job. Her modification lowered her payment from $1173.49 to $827 .65, saving her $345.84 each month.
Maggie and Jonathan are approved for a Modification, they fell behind due to loss of income and monthly expenses increased. They were paying their mortgage company$ 1555.42 before the received this modification and are now paying $1207.96, that is a savings of $347.46.
Harold went from his existing payment of $1411.06 and it decreased to $1199.05. This is a savings of $212.01 and this client greatly appropriates the adjustments.
Ted was Approved for in house mod, Payments went from $1414.46 to $1394.00, Current past due is 15,773.54 with 11 months behind.
Ira received a modification agreement that requires him to make a payment of $908.32 starting 3/1/2014. When the client came to us, his payment was $1439.90.This modification saves him $531.58 every month!
Dana fell a year behind due to some unexpected expenses on her home. Her payment was raised from $968.18 to $986.99, but she was able to save her home from foreclosure.
Matthew & Nicole are saving $44.74 each month. Their payment was lowered from $1310.14 to $1265.40.
Tiffany was paying $506. 71 every month. Now she is saving $33.25 a month with her lower payment of $473.46.
Delores was originally paying $753.83. She is now saving $153.47 a month with her new payment of $600.36.
Harold fell 19months behind after suffering a reduction in his income. Modification brought him current and lowered his payment from $1375.62 to $1336.11, a monthly savings of $39.51.
Patrick started out paying $920.26 for his mortgage. His payment is now $789.66, saving him $130.60 each month.
Elba is saving $321.20 each month with her new payment of $1687 .51. She was originally paying $2008.71.
Mary and Donald fell behind after some medical issues. Their payment was raised from $1329.00 to $1460.63, but they were very happy because they were able to stay in their home and begin making payments once again.
William and Erika were paying $840.00 each month. Modification brought them current, and even though their payment was raised slightly to $857.51, they were thrilled to be able to save their home.
Robert fell nearly 3 years behind on his mortgage. Modification brought him current, saved his home from foreclosure, and saves him $43.18 every single month as his payment was lowered from $870.96 to $827.78.
Christopher and Delores were paying $494.92 a month on their mortgage. They are now paying $264.25, saving them $230.67 every month.
Maggie was paying $1555.42 a month, but now is saving $347.46 each month with her new payment of$1207.96.
Curt and Rebecca were paying $2126.10 a month. Now they are paying $1889.48, saving them $236.62 every month.
These testimonials or endorsements do not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.