Contrary to popular belief, lenders "do not" want your home. Are you "upside down" in your house? Is your house currently worth less than the amount you owe? Are you losing sleep worrying about a possible foreclosure? Worry no more we're here to help. Even if you are 30, 60, 90+ days or more on your mortgage, we can help.
On most conventional loans, a lender stands to make up to 3x's the principal amount you borrowed over the life of a loan (if in fact you stay in that loan for the entire term) Therefore, it is bad business for a lender to have to foreclose on a home.
It's really simple. If you've had an unexpected life event that is causing you an unforeseen financial harship which will make it difficult to continue making payments on your home, or are in an "adjustable rate loan" and your payment is set to adjust or has alreayd adjusted and the appraised/estimated market value for your home has decreased to a point where it is less than what you owe on your loan, the lender/lenders are willing to analyze your current financial situation and make a decision on whether or not it is economically feasible to "write down" your balance and/or your interest rate/term thereby allowing you to stay in your home and avoid foreclosure.
It really is in everybody's best interest to avoid foreclosure and work together to find a common ground so that you are allowed to stay in your home that you have worked so hard to obtain and the lenders who have provided that opportunity are allowed to collect the interest and principal repayment on the loan.
Most homeowner's across the Nation do not have the time or possess the knowledge required to approach this stressful and time consuming task. That's where we can help.
We have a 95% success rate, with New Century, Home EQ, ABC Conduit, IndyMac, Countrywide and several more subprime lenders to modify loans, which have resulted in principal debt reduction and reduced interest rates and/or both.
Call now to begin the process of saving your home and securing your future at 916-253-9442 or email at patricks@wavecable.com.
Tuesday, July 8, 2008
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