Can't Refinance - Mortgage Upside Down? Modify Loan Into Lower Mortgage Payment
Is your home mortgage upside down and you need to modify your loan into lower mortgage payments without refinancing? Have you been told one or more of the following: “Not qualified, Can’t refinance, Mortgage upside down, Short sell or foreclose.” Not options if you want to keep your home or made payments on time to protect your credit. Find out what you need to negotiate the loan modification you qualify for. Be sure to visit http://www.Mortgage-Modification-Answers.com
312 E Crestline Dr, Missoula, MT 59803
Phone: 818-441-1450 and 406-546-2517
TARP Mortgage Assistance Programs
Modification of Mortgage
Home Mortgage Help
Upside Down Mortgage Help
Jumbo Mortgage Modification
Upside Down On Mortgage? Need to Lower Mortgage Payment?
Modify loan into lower mortgage payment without refinancing. 70% of US home owners qualify for TARP Mortgage Assistance Programs. If you are upside down on mortgage and need mortgage payment help, you are a candidate for this program. Chances are you qualify.
We have compiled a database of TARP Mortgage Assistance Programs we successfully negotiated and settled with lenders since Oct 2008. With this database we can input your data to show the monthly payment, interest rate and years of reduced payments you qualify for that your lender is authorized to accept under the TARP Mortgage Assistance Programs.
FREE MORTGAGE ANALYSIS: Have your mortgage info run through our database to get your monthly payment, interest rate and years of reduced payment you qualify for under the TARP Mortgage Assistance Programs. We guarantee in writing that if we handle your loan modification you will get the quoted terms of mortgage reduction or your money back. (This is a no cost, no obligation analysis and quote.)
Call Dan North at 406-546-2517
or email: TARPdatabase@gmail.com
Mon – Sun 10 AM to 10 PM
(available after normal business hours and weekends)
Nation Wide Service
Member of The National Loss Mitigation Associaton
Recent Result For Mortgage Help
Success Story July 2009
Situation: Mr.and Mrs. "Roget"* qualified for mortgage payment help because of an upside down mortgage and financial hardship caused by a 10% reduction in base pay and elimination in bonus and commission income. He was a Regional Sales Vice President. He had never been delinquent or missed a mortgage payment. He was clearly having difficulty making ends meet with the cut in income and qualified for our mortgage assistance programs.
This is the story on the Second mortgage with Suntrust Bank. The first is still pending. This client entered the transaction with us towards the end of June and got all their documents to us just before they went off on their 4th of July weekend. We completed the submission on the 7th of July.
His second mortgage payment had a $55,000 balance, 3.75% fixed interest loan with a payment of $168.00/month and a balloon to be paid off at the end of the year. It was not possible to refinance the property since the mortgage was upside down, so the objective was to add time.
Mortgage Advocates GUARANTEED QUOTE - 5 years at 4.07% or $186.54/month.
Submission Date: July 7th Offer accepted: August 13th.
Lender Approved Offer: 2% interest only, the new lower mortgage payment is $91.67/month! At the end of each year they have agreed to continue to extend these terms for as long as his income is adversely affected.
Result: Client accepted this offer happily. This result was better than expected. The work continues on the first mortgage with Regions Bank to bring down their $1,334/month payment.
* “Mr. Roget” is a fictitious name substituted for use to illustrate an actual case Referrals are always appreciated.
Recent Result of Help With Mortgage Payments For an Upside Down Mortgage
Help With Mortgage Payments Success Story July 2009
Situation: Mr. "Bender"* qualified for help with mortgage payments because of an upside down mortgage and financial hardship caused by a loss of employment. He was a camera operator. He had never been delinquent or missed a mortgage payment. He was clearly having difficulty making ends meet and qualified for our mortgage reduction program.
His first mortgage was with Citi and had a $416,000 balance, 6.5% fixed interest loan with a payment of $2,046/month.
US Mortgage Advocates GUARANTEED QUOTE - 5 years at 4.5%
Submission Date: July 8th
Negotiated offer: July 24th.
Negotiated Offer – 5 years at 2% at which time the rate will step up 1% each year upon anniversary until it reaches the current rate again of 6.5%. The new lower monthly mortgage payment starts out at $811/month
Result: Client immediately seized this offer before the lender came to their senses. This result was much better than what was expected.
* “Mr. Bender” is a fictitious name substituted for use to illustrate an actual case
Referrals are always appreciated.
Recent Result For Mortgage Interest Relief
Mortgage Assistance Programs
Success Story August 2009
Situation: Ms. "Jones"* qualified for mortgage assistance programs because of Medical reasons. She was 6 months behind in mortgage payments, had gotten a Notice of Default, the entire process had started towards foreclosure,the court date set, just bleak.
Her first Mortgage with ASC had a $235,000 balance, 6.7% fixed interest loan with a payment of $2,046/month.
Mortgage Advocates GUARANTEED QUOTE – 10 years at 4.825%!
Submission Date: July 8th Offer accepted: August 13th.
Negotiated Offer - 5.375% for the life of the loan. New lower monthly mortgage payment $1,477.
Result: Client preferred this offer because she favored the amortized loan and the locked-in rate more than she did the temporary interest only payments. This was a medical hardship so stability was her priority.
* “Ms. Jones” is a fictitious name substituted for use to illustrate an actual case.