Loan Modification Short Sales
- We are experienced in helping home owners with loan modification or loss mitigation solutions
- Accepting clients who have hardship making mortgage payments due to but not limited to: less income, divorce, death, medical expenses, increased expenses, increased mortgage payment
- Free over-the-phone or office consultation - Consult with an expert in mortgage mitigation. More information at www.gracecredit.com
(1) Loan Modification or Restructuring - We assist to reduce your monthly payment and/or convert adjustable rate into a fixed rate payment you can afford and/or possibly reduce your loan balance!
(2) Loss Mitigation - We arrange for you to be released from your mortgage loan liability entirely by selling your home through a Short Sale process where the lender pays all your costs to sell. A short sale is where the home is sold with the approval of your lender for less than the loan balance owed. Always consult an attorney and accountant: For legal or tax liability consequences of selling your home.
(3) Or our free e-guide; A step by step Do-It-Yourself Guide to Loan Modifications.
Our firm has 30 years experience in mortgage financing and work with mortgage banks and servicing companies and their Loss Mitigation departments on a daily basis.
Some recent case files:
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San Diego couple were facing imminent foreclosure due to spouse job loss which was half of their monthly household income. Negotiated a reduction of their interest from 7.85% to a 4 % fixed rate, reducing their monthly payment over $1000 so they can afford to stay in their home
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North County homeowner who lost her spouse could not afford her mortgage payment. Loan modification reduced her interest rate from 6.50% to 2% for a savings of over $800 a month.
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Southwest Riverside couple loan modification approved where their interest rate has been reduced to 3% fixed rate from an interest only 6.75% rate. Payment saved is over $950 a month.
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Scripps Ranch Doctor and Engineer home mortgages total more than the value of their home. They were never late on their mortgage payment. Negotiated for second trust deed lender to reduce their lien to a $20,000 personal loan @ "0" (zero) simple interest saving the client $200,000. Successfully negotiated a short sale with their first trust deed lender and the home was sold with minimum impact to their credit scores still over 720!
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A single mom with three kids in Southbay could not afford her mortgage payment any longer. She decided she wanted to sell only to find out her home loan was way more than the value of her house. Her lender would not accept a loss of $145,000. We negotiated a successful short sale with her lender and she was released from her loan liability entirely.
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A couple desperate to sell their vacation home in Arizona which lost $108,000 in value and worth less than what they paid for. They both had good jobs and positive net worth and were worried they would not qualify for a short sale. We negotiated a successful short sale with their lender and sold their home.
We are experienced and passionate in helping clients to get mortgage relief. Call us now at 858-492-9262 or fill out the form. Please provide your complete address including zip code, email and phone number .
