Turned down for a Modification or told you don't "Qualify"? Combine our Loan Audit/Loan Modification & Win!
We May Get Your Lender To Reconsider - No Matter What The Reason Was!
To this day, we've successfully negotiated many Loan Modifications (stopping foreclosures) on the best possible terms... for YOU the homeowner. We’ve successfully dealt with some of the most toughest cases and extreme situations when the homeowner thought that all was lost, so don’t think your situation is beyond repair! You may be a victim of "Predatory Lending or Origination Fraud in which case a Forensic Loan Document Review/Audit is in order! In these cases it may be possible to get a "principle balance reduction" (part of a Good loan modification) as well as lower payments, reduced interest rate (permanently) and payments put in back of the loan instead of the watered down version of "Loan Modification" some companies, the banks and the administration are touting. Unfortunately, there's quite a few loan modification companies making false promises. While they offer to modify the loan, the modifications are minimal. Typically, the loan balance remains the same, and the past due payments are merely put at the end of the mortgage. Sometimes, interest rates and payments are reduced, but only temporarily. The loan might also be extended from 30 to 40 years. Indeed, less than 5% of these modifications actually involve the reduction of principal balances and a Loan Audit might well uncover violations of federal laws that will give you the edge you need to get a loan modification that includes a reduction of principal balance.
More importantly, Financial Relief Solutions does NOT recommend that our clients use Bankruptcy protection (unless there is an immediate sale date pending and the lender won't postpone, we can get sale dates postponed as well if neccesary) to settle matters before attempting to negotiate to modify the loan (80-85% of all bankruptcies fail). Besides if you live in your home and want to save it, most bankruptcy lawyers know that bankruptcy forbids you to save it by modifying the loan! The "cramdown" (loan modification by bankctruptcy judges) bill was recently voted down(unless you have a lot of money to spend then you can get an attorney to file for special relief to modify the loan, if you have that kind of money). We do NOT buy homes. We do NOT refinance loans and we do NOT offer dangerous lease-back contracts to our clients! There are many companies out there who claim they can help you if you are facing foreclosure but they rely soley on the Lender for the resolution (we don't) and if you cannot meet the Lenders terms, you can still lose your home. Many are scams or the inexperienced who will waste your time and money.
Financial Relief Solutions' professional strategy turns the table and we help you take control of the situation. We provide a 3rd party method (Financial Relief Solutions) for You the homeowner to establish or re-establish communications with the lender. In addition to negotiating a workout where your back payments and foreclosure fee's are added on to the back of the loan and monthly payments and interest rate may be reduced, along with a principle reduction in balance (FORENSIC LOAN MODIFICATION) we also will provide support in obtaining a Standard Loan Modification, Mortgage Forbearance, Repayment Plan, Re-Amortization, One-Time Assumption, on otherwise non-assumable loans when possible, effectively STOPPING your Foreclosure.
***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 THE LOAN MODIFICATION IS COMPLETE.
***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. (see our FAQ page here for more info)
***Learn how a Forensic Loan Audit can increase your chances dramatically of getting your Loan Modification approved ----> Click Here
If some form of reinstatement or workout is not possible due to the overall financial situation or some other "problem", then we can work with You - the homeowner for a Pre-foreclosure Sale or Compromise Sale also better known as a Short Sale. While working out an equitable and fair agreement to lower your payments (loan modification) that you can be comfortable with is our primary goal, we do perform these other services (Short Sale, Deed In Lieu, Subject To, Take over Payments, etc) mentioned when ever practical and only at your request.
Just let us, Financial Relief Solutions (FRS) guide you through the entire process.
Simply supply us with the information (we'll provide a list) Lenders require, abide by our rules, start saving your money and Financial Relief Solutions will successfully handle your case. For A list of lenders we negotiate with and more -----> Click Here
Financial Relief Solutions (FRS) will also keep you updated on the progress of your case.
Our dedicated and growing staff continually updates all clients throughout the entire Foreclosure Prevention process. We are always available to answer any questions, call or email us at any time.
How long do I have to act?
Foreclosure proceedings can take anywhere from a few weeks to months, depending on your unique situation. We need every minute of time that we have available to create and enact a plan on your behalf. One of the advantages of Financial Relief Solutions is that we create time to allow you to work out of your situation. We have successfully gotten the lenders/mortgage co's to postpone or even cancel many scheduled foreclosure sale or auctions. We negotiate and communicate with your lender/mortgage company through their legal department, as well as thier back-logged loss mitigation department where you yourself can get lost.
How does your “program” Home Emergency Loss Prevention Program(H.E.L.P.P.) work?
Financial Relief Solutions can successfully negotiate a standard loan modification where your back payments and foreclosure fees are added onto the back of the loan. In most cases your loan payments will remain approximately where they were before your payments increased due to an ARM or rate increase,(we can get a fixed rate for you) In other cases the payment may be reduced. In some cases the interest rate can be reduced temporarily (24-60 months - the Banks and Obama Administrations offer- aka the HAMP - Home Affordable Modification Program) or even permanently (Our Offer)depending on your situation, allowing you a lower payment in order to catch up the arrearages and maintain your payments in a timely manner. We also offer creative solutions to everyday foreclosure problems such as our Advanced Loan Modification. Here our Loss Mitigation specialists will utilize special tactics (Forensic Loan Audit) if the situation warrants to put you on a more even playing field. We will find out if there are any mitigating circumstances that would warrant a counter claim against your Lender. These will be discussed with you in your private consultation and in your custom plan. Our clients are very appreciative of our services. We have been helping people resolve their foreclosure situations for many years. Even if you have received help from your Lender and have broken arrangements – we may still be able to help you. We have helped many home owners restructure their loans with either our Standard Loan Modification or our Forensic Loan Modification and save their homes from foreclosure. The bottom line is: call us and let’s see if we can get you a Loan Modification that suits your needs. We probably can.
You’ve probably heard a lot about loan modifications as an option homeowners can take to avoid a foreclosure. What you may not have heard, though, are the down and dirty facts that not many homeowners know about when they take on the challenging task of trying to get their loan modified. Thats why we recommend hiring a Professional Loss Mitigation Company (FRS) to Pursue your loan modification for you. -----> click here to see why!
Most of these loans that require a loan modification start off manageable, and the homeowners can handle the payments. Yet, because these are adjustable loans, when their rates go up, homeowners are caught up with the shock of higher payments that are a struggle to make. In many cases, the homeowners have a first and second mortgage and each loan is with different mortgage companies or with different investors. When homeowners attempt to submit a loan modification to the lenders, both lenders will fight the attempt because they realize the homeowners most likely are not very familiar with the process and they will try to intimidate and frustrate the homeowners.
They will offer you a "glorified workout" AKA a regular loan modification with little reduction in monthly payments and only temporariliy at that and no principal reduction in balance considered at all. We can get this type of loan modification for you as well if thats what you want, but until principal loan balances are reduced in loan modification agreements, anything else is just a “glorified workout,” or regular modification and are no better off than the governments so called bailouts and will only go so far. The only true solution is a Loan Modification with a significant reduction in monthly payments that includes a principal balance reduction. Only by reducing the principal balance to fair market value will a home owner be truly better off. A reduction to the principal balance along with lower payments will keep the homeowner in the home. Thats why we recommend the Forensic Loan Modification. Also hiring The Professional Loss Mitigation company, Financial Relief Solutions (FRS) to pursue your Loan Modification for you.
Each lender has competing interests and each wants the best terms for themselves and their bottom lines. On the other hand, homeowners are desperate to hold onto their homes and yet they cannot continue to pay the current mortgage. Even in cases where the banks may consider a loan modification, it has sometimes been difficult to get it approved since the banks must track down the investors whose money it is that the banks had used to lend out. Because most loans get traded and sold and resold multiple times, it can be difficult to track down the current investor to obtain approval. These lenders tend to painfully drag the negotiations process out. We at Financial Relief Solutions understand the negotiation process and are prepared for it.
So as in most cases where we work with homeowners to try and get a loan modification, we are aware of these behind the scenes facts of the matter, and we persistently followup with the lenders again and again. Our aim is to help homeowners combine their loans into one loan if they have multiple loans and at the same time, to negotiate a rate reduction along with a reduction in principle balance so it makes it possible for the homeowners to continue making their payments and to remain in the home. Also if your current or prospective loan mod company asks the bank what will they accept... you may have the wrong company!
If you fullfill these basic requirements below we can get you started on your Loan Modification right away:
* Your home is your primary and only* residence (*we have a program for investment/rental property too)
* The amount that you owe on your first mortgage is equal to or less than $729,750
* You are having trouble making your monthly mortgage payments (*we have a program if you are current with mortgage payments)
* You got your current mortgage before January 1, 2009
* Your payment on your first mortgage (including principal, interest, taxes, insurance, HOA fees if applicable) is greater than 31% of your current gross income
**Could You Be A Victim Of Predatory Lending? enter here <---- to learn more.
Also Watch out for "Predatory Loan Modification" Companies.... click here to read more
***Learn How a Forensic Loan/Mortgage Audit can help you stop foreclosure and get a GOOD and FAIR Loan Modification. enter here <---- to learn more
***NOTE - YOUR LOAN MODIFICATION 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 GET A DOCUMENTED OFFER FROM YOUR LENDER OR SERVICER OF YOUR LOAN.
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. (see our FAQ page here for more info)
Call us at 877-717-6759 for a FREE consultation with Financial Relief Solutions or visit us on the web at www.FinancialReliefSolutions.com
Office: by appointment only:
2375 E. Camelback Road Suite 500
Phoenix, Arizona 85016
(877) 717-6759
(602) 774-4802
(602) 413-5174
© copyright 2010 Financial Relief Solutions. All rights reserved.
If You Are A HomeOwner Who Wants To Stay In Your Current Home, We Can Negotiate For You Equitable, Fair And Reasonable Mortgage Payments
