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All written correspondence to lenders using our letterhead on your behalf
•Assignment of a Loss Mitigation/Foreclosure Specialist to interface with you and your lender
•Calls to lender to determine exact status of your loan and negotiate an acceptable workout for the Homeowner
•Immediate dialogue with your lender to explore rehabilitation scenarios that have the best chance of being accepted
•Isolating people in your lenders camp who can help
•Preparation of a professional workout proposal written in language your lender understands
•Recommendation(s) of situation appropriate workouts based on in-depth analysis of current financial status and future projections and forecasts
• We'll submit a Loan Modification for interest rate reduction for the life of the loan, Not the government santioned 5 year fixed
The Forensic Loan Modification provides homeowners with the best chance for maximum results. In the past Loan Modifications were only utilized when a homeowner was delinquent and suffered a hardship such as a job loss, divorce, or ilness. Now homeowners can obtain modifications from their lender for unaffordable rate adjustments on adjustable rate mortgages as well. If the homeowner can afford their home but not their current mortgage, then utilizing this plan borrowers will have a personal Loss Mitigation Officer to mediate a loan modification on their behalf. This plan is designed to assist borrowers with little or no time to devote to continuous and unproductive calls to lenders and their agents. Additionally, this plan is set up to handle the more difficult to negotiate cases. As such, homeowners utilizing this plan are typically 3 months or more months past due, but not neccesarily so. This plan or program can be utilized for homeowners who are not behind in payments as well. Some are told they just dont qualify, have been turned down for a modification, have broken a previous agreement, may have an investment or rental property,they may or may not have a sale date set and quite possibly may also be engaged in or just concluding bankruptcy proceedings. We'll negotiate and engage with your lender/mortgage co.'s Legal dept, if not successful with thier backlogged Loss Mitigation Dept.
This plan provides borrowers with the maximum level of support because a personally assigned Loss Mitigation Officer will interface with lenders and attorneys hired to work on your lenders behalf. More often than not, individuals selecting this option have previously approached their lender with a workout attempt only to have had it rejected or exorbitant. For homeowners choosing this option circumstances leading to the default generally vary ranging from a reduction in income, to declining property value, divorce, death in the family, sickness, unemployment, job loss, a temporary financial setback, adjustable rate mortgage about to set or set already resulting in high payments, or even a loss in equity due to market conditions.
However, it is also possible that a borrower may be a victim of predatory lending or Origination Fraud. That’s where the Mortgage Audit / Forensic Loan Document Review is implemented. A team of specially trained experts review all loan documents and perform a thorough investigation for miscalculations and to determine if the loan terms are accurate, truthful, and meet the requirements of the applicable federal statutes. The goal of the mortgage audit is to determine whether there were violations of federal law. If violations are found, then the borrower may be eligible for a very favorable loan modification.
We’ll negotiate and mediate the loan for you and fight for an affordable loan modification based on the ilegal violations on the loan along with your standard hardship and qualifications. Everyone wins here. The homeowner has their loan fixed for the life of the loan and we even help with the request for a principle balance reduction. The lender does not lose their shirt because they have mediated the matter without employing their full legal staff on the file and wasting operating expenses. However if the lender still refuses then we recommend you hire an attorney who can take these illegal violations found in the Loan Audit to court and win the battle for you on that level. Lenders, servicers, and homeowners are going to be dueling over loan modifications for some time to come and the comprehensive analysis (Forensic Loan Audit) provided by Financial Relief Solutions will continue to be an essential negotiating tool in the quest for an equitable and fair Loan Modification. The audit also includes a bottom-line recommendation for loan modification terms, providing a framework for negotiations between homeowners and lenders. Click here ----> to learn more about A Loan/Mortgage Audit or Forensic Loan Analysis.
Forensic Loan Modification - includes a Forensic Mortgage Audit/With Loan Modification - $899.00
Forensic Loan Audit - Forensic Loan Audit no Modification - $599.00
Standard Loan Modification - (Loan Modification no Forensic loan audit) - $599.00
***NOTE - THE LOAN MODIFICATION PORTION OF YOUR FEE WILL BE HELD AS A DEPOSIT IN A NEUTRAL 3RD PARTY ESCROW ACCOUNT VIA SAFEFUNDS.COM (THAT HAS NO INTEREST IN THE TRANSACTION) UNTIL WE OBTAIN A DOCUMENTED OFFER FROM YOUR LENDER OR SERVICER.
Homeowners deposit funds directly into their own Safefunds accounts. Homeowners do not send funds directly to us. Deposits may be made by bank wire, electronic funds transfer, or paper check. (read our FAQ here for more info)
"Dont let things happen to you...Make them happen for you!"
Notice: While no guarantees can be made as to whether or not we will be successful on your loan, (as every lender, investor, borrower and property are unique) we will do everything possible within the scope of our service to obtain a loan modification or short sale in the quickest possible time.
Correspondence and Mailing Address:
2320 E. Baseline Road Suite 148
Phoenix, Arizona 85042
(877) 717-6759
602-774-4802
602-413-5174
© copyright 2010 Financial Relief Solutions. All rights reserved.
Are Calls To Your Lender/Mortgage Company Unproductive? Have You Had A Previous Workout Attempt Rejected? Have You Been Offered A Ridiculous Or Exorbitant Plan?
Why Settle For A 5 Year Interest Rate Fix Only to Have It Go Back To Where It Was?
The Answer: The Forensic Loan Modification
