Apr 10
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Online Loan Modification Program
One of the many outstanding services provided by the alliances of the online business I am in can help you afford to stay in your home! If you can answer “yes” to ALL of the following questions, then you DEFINITELY need to take a look at this program that will help you lower your payments and/or the amount you owe on your home!
- Is this your primary residence?
- Did your loan originate before January 1st of 2009?
- Is your loan less than $729,000?
- Have you experienced any kind of hardship or economic setback?
The Obama Administration has chosen to implement a high-impact Financial Stability Plan designed to stabilize the housing market and help homeowners like you lower their monthly payment.
“We launched a broad program to stabilize the housing market by encouraging lower mortgage rates and making it easier for millions to refinance and avoid foreclosure. We established a new capital program to provide banks with a safeguard against a deeper recession. By providing confidence that banks will have a sufficient level of capital even if the outlook is worse than expected, more credit will be available to the economy at lower interest rates today — making it less likely that the more negative economy they fear will take place.”
— Secretary Geithner, Wall Street Journal Op-Ed, 03/23/09
If you can no longer afford to make your current monthly payments you have a good chance of meeting the requirements for this program, but keep in mind you do not need to be behind on your payments to qualify.
Not so fun statistics:
- 1.5 Million homes are in foreclosure as of 2009
- Only 8.5 percent of seriously delinquent borrowers received any kind of loan modification in 2007 and 2008, while only 3 percent received a loan modification that actually reduced their monthly payment
- The Center for Responsible Lending estimates that 2.4 million homes will be lost to foreclosure in 2009, and 9 million by the end of 2012
- Foreclosure filings have hit a record high
- 1 in 5 US homes are in foreclosure
The harsh truth is that the bank will sell you short. They are in the business of making money and have no desire to grant you the relief you need. Meanwhile mortgage servicers are not in the business of helping homeowners, in fact you would be at the mercy of the very same servicers that specialize in squeezing you dry. Don’t slip through the cracks while sifting through an endless sea of red tape. There are literally dozens of different types of programs. You will lose hours aimlessly navigating through dead-end call centers, completing difficult paperwork, and pleading your case to 1-track minded debt collectors. Quite frankly the failure rate on home load modification attempts is staggering for those that try to do it themselves!
Why use this Loan Modification Program?
- Proven track records, years of successful industry experience
- We’ll lower your payment 10% or more, GUARANTEED!
- 95% Success Rate
- We know the Laws & Government Programs
- We have direct contacts at most banks
- We know the bank ratios & what they look for
- You want the best possible results as quickly as possible
- You want it done for you by someone who you can count on to deliver because you don’t have the time, energy, knowledge or expertise to go toe-to-toe with the bank
If you answered “yes” to the questions at the beginning of this article, you’ll DEFINITELY want to take the next step and take a look at the Loan Modification Program! Just so you know, this Loan Modification program is NOT a debt consolidation program and WILL NOT effect your credit scores! Read more about other Financial Freedom Online Business products and services.
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