Adiem Consultants specializes in Loan Modifications and can help if you are.... • Having Trouble Refinancing? • Behind on your Mortgage? • Turned upside-down and Have No Equity in the property.. • Going Through a Financial Hardship? • In an Adjustable Arm Loan? Looking to Prevent Foreclosure/Keep Your Home? • Looking to Lower your Payments? • Currently in Bankruptcy 7, 11, or 13 We have Options! Results that start in as little as 3 weeks!. If you are behind on your mortgage,can't refinance,going through financial hardship,have bad credit,No equity in home,owe more than your home is worth,have an adjustable rate mortgage,can't afford your payments, we can help! Having the feeling that there are no options is devastating. Call or email us today and we will be more than happy to go over your whole scenario and do whatever we can to help you find a solution. Sincerely, Adiem Consultants A loan modification is a permanent change in one or more fashions of the current loan terms on a homeowners loan, which allows reinstatement of the loan and prevents foreclosure. As a foreclosure prevention alternative, a lender may consider modifications which: • Capitalize delinquent interest, escrow, fees, and costs (based on permission -Adiem Consultants Agreement) • Implement a step rate mortgage • Extend the term of a mortgage • Reduce and modify the interest rate • Reduce or modify mortgage amount owed • Right off Late Payments that are owed • Or any combination of the above considerations. A loan Modification: • Instantly removes a loan from foreclosure • Brings a loan current • Adjusts the term and rate of the mortgage Different Types of Loan Modifications: • Straight Capitalization Modification -This modification adds delinquent interest to the principal balance and the loan is re-amortized over the existing interest rate and term • Non-Capitalization Modification -This modification reduces delinquent interest by consideration of an Institutional write-off. • Term Extension Modification -This modification extends the term (number of months). The rate stays the same and the re-amortization is done same as straight cap listed above. The term can not exceed your original mortgage term (if you started with a 30 year mortgage the term can not extend past the 30 years from modified date) • Step Rate Modification -This modification also adds the delinquent interest to the principal balance but the interest rate is temporarily reduced to allow a homeowner the opportunity to afford the payment. The typical step rate modification would drop 1% for every year and they typically do not last longer than 3 years. • Interest Rate Modification -This modification adds delinquent interest to the principal balance and the loan and the loan is re-amortized at a reduced interest rate. • Prin./ Balance Modification -This modification reduces the principal balance owed by using a current BPO that exists with/under a regional market correction. • A combination of any of the above Want to learn more....You are more than welcome to contact us at anytime!! DO NOT MISS-OUT ON THIS GREAT OPPORTUNITY..  |
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