Mortgage Loan Restructuring

 We provide the most complete range of strategies possible!

As you may know, there are many different circumstances that good folks find themselves in and many lenders who all don't serve their customers the same way. What has happened in the recent past is that many are using the federal guidelines to at least initially evaluate your file. This can be a good thing IF your scenrio fits into the federal guideline box. If you fit, you get a modification almost certainly. It may take time, but it is neqarly assured you will get it.

So, what if you don't fit? Well, that usually means the process takes much longer and it is not nearly as certain to produce the results you are looking for. Until recently, all I could do is try to fit your file into the right box and if it didn't fit, we were in for a long, frustrating process. However, I have recently teamed with two different attorney firms that bring you some very exciting and unique options that go far beyond the federal box and I am very excited to bring a complete array of tools to you.
 
                                 Federal Programs

There is a fairly simple formula that I can use to evaluate your situation to determine whether you fit into the federal box or not. Simply put it is as follows:

Gross income x .31 - (monthly prop. tax, ins, HOA) = Target Payment

If your current payment is less than this number, you do not qualify. If you current payment is more than the target payment, you may qualify. Of course, you have to document a hardship and show the ability to make a modified payment.

                           Traditional Modification

If you don't fit into the federal box, you can try to ask for a traditional modification usually based on your cash flow, hardship and ability to pay. Some lenders provide this type of program and some do not. If they do, it usually is more creative but takes longer to process.

Either of these programs require a properly packaged and submitted file to your lender and lots of follow up. If you wish to hire a firm that I affiliate with to represent you the cost can be frm $2495 to $3495 depending on your file and the loans you need modified.

                                            Why IndyMac is so Damn Hard to Deal With

                                    Forensic Audit

This is a formal review of your mortgage loan documentation to determine if your lender has violated any federal mortgage laws when they originated your loan. If you have a negatively amortized loan, an interest only loan and/or a loan which allowed you to merely state you income, there are probably significant violations. Determining this allows you or your attorney to gain a foothold in the modification process. If you choose to persue this legally, you absolutely need this service and know that an attorney will be very expensive to hire to take on your lender. You can shoose to use this documentation and apptoach your lender yourself at much less cost but they then know you are not going to legally persue them so the effextiveness is decreased.

The cost for this service is $899.00 and yeilds a 35-40 page formal report identifying all violations that have been committed by your lender and presenting a complete binder documenting them. 

                                                       Forensic Audit Overview

                             Advocacy Campaign

A very unique approach we use in connection with the Forensic Audit is to acquire support for your cause to leverage action by your lender. We help you create an agreesive letter writing campaign to various individuals and agencies asking that they support you in your efforts dealing with your nasty lender. We write to state and federal groups, congress persons, senators, governors, the Dept of Currency, HUD, Dept of Justice and others. We always get responses of support and use them and your audit to approach your lender. The unique thing is that we can by-pass the loss mitigation department all together so you don't need to qualify! No guideline to try to follow, no financials to arque over and submit and re-submit, no hardship to document and you do not need to be late with your payment so you can keep a good credit rating!  We can use this strategy in connection with a forensic audit or in some caes just with the fact that you have been turned down for a modification. This strategy works on all loans whether owner occupied or investment properties.

The cost for this service is only $799.00.

The Forensic Auditing and Advocacy services can be purchased separately or together.

                               How the Forensic Audit and Advocacy Programs work Together

                                    Secret Weapon

We have a secret weapon for those of you who are behind in your monthly payments and your loan is with WAMU-Chase or Chase bank. This is a very limited service but if you meet the criteria, we can garranty your loan will be modified and you will know the outcome before you even start the process!! Call me to discuss this scenario and determine if you qualify. 

                            Fill out the Spread Sheet and email it to me for Immediate Action!

                                Call Today 949-690-9020

                                Credit Restoration

Al Williams is by far the king of credit restoration with well over 20 years perfecting his approach and located right here in South Orange county. He has writen a best selling book about his craft and helped thousands of people just like you resolved their credt issues and increase their credit scores! This is a science as well as an art and Mr. Williams has it covered.

Just send me your credit report or I'll run one for you and we'll have Al take a look at it. He'll tell you exactly what it will cost and how to generate the maximum increase in your score.