Real Estate Loss Mitigation Solutions brand new loan alteration TV commercial. Hope for Homeowners, one home at a time. New loan alteration programs available. No Up-Front Fees. Loan Modification Arizona, www.realestatelms.com Free Consultation All Rights Reserved
Loan Modification Arizona
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Loan Mod’s the new Bank & Government scam, I had emergency major surgery & contacted my bank 4 months prior to needing assistance paying bills from my savings, my bank offered me a 5 month hardship deferment and sent back my mortgage payment, 4 months later they denied me a hardhsip & told me to apply for a loan mod but placed me in foreclosure and destroyed my credit so I couldn’t get a 2nd mortgage, I’ve been denied 4 attempts at a loan modification by Sovereign bank – don’t trust any of them
You are getting closer to telling the truth, facts are. If you are doing a loan modification, you are not a mortgage banks or mortgage brokers. The law was signed, but no license requirement till July 2010. So to say that you need a license to do loan modifications is a lie. See AZ 44-1702. You should read this, it discusses about misleading the public. It appears that these guys are the mortgage guys that got us into this trouble in the first place . They should take an ethics class.
If you really want a principle reduction. You will then to do some PI work. You need to follow the Assignment of Bene Interest in public record also I would recommend a Qualified Written Request, from a starting point. We have various clients that we discovered the new Assignee is not the “holder in due course” thus cancelled the sale and has offered a principle reduction with a little disclosure of facts. to learn more call 480-214-4040 ask for Mr. Sanchez, Licensed HUD Counselor
Report him to the Bar with your evidence or at least to the Department Of Financial Institutions.
Need to clarify 2 things for the uneducated, dldahlberg. The 49th Legislature Passed by the majority and was confirmed by Mr. Cardon in June, 2009, HB2143
1. HB2143- law took effect midnight Sept. 30th, 2009
2. employees of a mortgage banks or mortgage brokers must be licenced by July 2010
There is a difference. If you need to verify the law part , you may call the Arizona State Legislature, like I did to confirm the facts. Then call AZDFI about the licencing for employees.
Regulatory Alert from the Department Of Financial Institutions , states the HB 2143, Section 3 amending A.R.S. § 6-991. You must be licensed mortgage broker or mortgage banker to provide Loan Modifications in Arizona.
Law took effect Oct. 1st, 2009. amending the ARS to make certain everyone understands a loan modification company must licensed. So any doubters prior to the past language which we and our attorney’s interpreted license was require, but not is official.
Perfect example of just buying time.
All I know is the guys who helped me got it done. No I did not get some big reduction on my loan but the payment was cut in half, HALF!
The Modification Center 866-534-0990 Hey, it worked for me.
I have been modifying loans for years. Here’s what happens: Part of the principle balance is put into an escrow account with no interest added and becomes a balloon payment at the end of the 30yr am period, or sale. Ex: 500k becomes 400k, but the difference does not “go away” , 100k is due at sale or maturity of loan. I do em all day long.
866-534-0990
This is bull shit.. there is NO government (state or federal) license requirement for loan modification. They don’t tell the truth… NO license. These guys are thieves and liars. There is a special place in HELL for these people. If you call them you are going to get screwed. The only requirement in Arizona is a Bond requirement with the Arizona Corporation Commission.
Yes and it’s too late. The ones that did lie with granite countertops and swimming pools are getting the mods. But the rest of us who didn’t lie have are morals set too high to deal with thieves. Pesonally I’m losing my deposit, all the work and materials I put into this home, and my home. Put all that together and I’d rather lose it all then live in a house constructed by fraud. I’m not going to modify with thieves.
Lied to? are you speaking of Mortgage Back Securities? If so Then I would agree.
YOU CAN’T MODIFY A LOAN YOU NEVER QUALIFIED FOR .
Modifications are nothing more than to buy you more time.
EXAMPLE: You quailfied for $200,000 on a fix in the years of 04 and 05.
How do you modify $400,000
Lenders wont reduce principal.
OPTION ARMS ARE LIAR LOANS.
Sure lenders are modifying to a 40 year or they’re off setting your reduction to the back of the loan.
YOU’LL STILL LOSE.
Lost job. Credit card debt.
Does’nt matter. Not your fault.
YOU’VE BEEN LIED TO!
Stay away from Steven Craig Feldmam/Feldman Law Center. Steven Craig Feldman is a scam artist, con-male, cheater and dead beat dad!
If you decide to go to this company anyway, do not (DO NOT) give them money upfront! THEY WILL TAKE YOUR MONEY AND DO NOTHING!
Stay away from Steven Craig Feldmam/Feldman Law Center. Steven Craig Feldman is a scam artist, con-male, cheater and dead beat dad!
Stay away from Feldman Law Center and Steven Craig Feldman. Steven Craig Feldman is a liar and cheat! He is also a dead beat dad.
Great Loan Modification TV Commercial, No Up Front Fees for loan modification help. Awsome!
Commercial loan modification is a viable solution to many real estate owners. It is also possible to do the modification without a lawyer, but it is advised to work with an experienced attorney who can benefit you by renegotiating the terms successfully with the lender.
I have been helping loan modification companies to get more leads through the latest online marketing techniques. It seems to work as the number of people seeking remedies are growing.
The first thing any homeowner has to do is to get to know as much as possible about the program he/she is going to apply for. That is why, you should visit the official web site dedicated to the process. There you won’t find much information.
Establishes you as the preeminent expert. When you hold an event featuring well-known speakers, you suddenly become the authority, or the expert in the field.
Participation in many of these telesummits requires you to pay a registration fee, but the model I’ve been seeing a great deal recently is the “free for live” model in which registrants can participate in the “live” version of the program, but if they’re not able to be on the call live, the only way that they can access the content is to pay a registration fee for the audio file and PDF transcripts.
Creating a price increase deadline (before summit vs after summit pricing) may encourage more participants to buy. Secondly, once the telesummit is complete, you can go back to your speakers and offer to interview them a second time exclusively for members of their list.
They have balance. While they may be financially successful, they know that the terms money and success are not interchangeable. They understand that people who are successful on a financial level only, are not successful at all. Unfortunately we live in a society which teaches that money equals success. Like many other things, money is a tool. It’s certainly not a bad thing but ultimately, it’s just another resource. Unfortunately, too many people worship it.
Redirected payments – Do not agree to make payments to a third-party. Some scams involve having the homeowner pay a company with the promise that they will make your mortgage payments. If they fail to do so, you have lost your money and may still wind up in foreclosure. Always make payments directly to your mortgage company.
A loan modification usually means your monthly payments are reduced, either by lowering the interest rate or extending the term of the loan.
Read more: http://gomestic.com/personal-finance/tips-about-avoiding-lending-scams/?184255?189045#comment-189045&reload#ixzz0rfKt5rc7
I’ve been listening to a number of list building and lead generation teleclasses lately, and many of them have been offered in the form of a telesummit. A telesummit is a virtual online conference that offers a line-up of varied speakers over a period of time, like a few days or over several weeks. The telesummit is usually organized by a theme, like outsourcing or lead generation, or for a particular target market, like the online telesummit for virtual assistants for which I was recently a guest speaker.
The loan modification, if ever you are judged as eligible, should really help a lot. These will great reduce the monstrous interest rates in your monthly payments. In the long run, your loan period will be sufficiently lengthened to give you sufficient time to pay up. If you are facing all these loan problems in your mortgage and you feel like hanging the towel, first consider loan modification. It might seriously help change your situation for the better.
One of the quickest ways to go from “no name” to “big name” in your industry is to invite the industry experts to speak at your telesummit. The fact that you now have a connection with the movers and shakers in your industry gives you a leg up boosting your own credibility and expertise in the industr
Loan modification has several requirements. You need to complete all the requirements accurately. Complete application will help your chances. You also need to have valid reasons as to why your payments have gone default. The loss of your job and other loan problems that you might site as reasons needs to be substantiated with solid proof. All your documents need to be in order.
In this case, companies have homeowners sign over the deed to their home and then rent it back from the company.
What I love about telesummits is that they are perfect for a downturned economy. There’s no airline reservation to make, no hotel to book, no clothes to pack, no shuttle fees to pay, no bad hotel food to endure…
Document your Income extensively. I say extensively because I recommend you go beyond what is normal or expected. Think of it as an actual loan application and document it like it’s going straight to underwriting. This includes, notarizing self-employed P&L, including annual award letters AND check stubs for SSI and EDD income, Attestation Statements (signed and notarized) on bank statements when used to show deposits to document cash earnings, etc.
To overcome your financial hardships and to fight back your situations, it is better to get help from professional services on-line. This could enable you to explore different Making Home Affordable Program that are available at your disposal.
It is very rare that anyone buying property is able to purchase it outright. People do not walk around with wads of cash stuffed into their pockets and if they did it is highly unlikely they would use it to purchase property. A mortgage loan is a long term loan, which stays in place for as little as 15 and as much as 30 years. Any savings which can be made on these loans will be substantial when you add them up over a long period of time.
Making your payments is also a very crucial element in successful modification. Even if other bills go into collections, the mortgage should always be paid first. This shows that the borrower is paying, but cannot sustain the payment level in the long-term. This can also provide the bank a way of helping the borrower with their finances.
Ask the Loss Mitigation department to send you a loan modification application package. Then you can review it and take your time to complete it properly. Inquire about their general guidelines for qualifying. For example, most lenders require that you have an acceptable debt ratio-generally it must be somewhere between 38%-45%-you will need this information when you begin completing the application.
In some cases if you are upside down on your mortgage the bank may reduce how much you owe on the the mortgage bringing your payments down and also your interest rate to a more affordable term. Most lenders are offering rates between 2% and 7.5% to get the mortgagee back on the right track of home ownership.