Our full spectrum of loss mitigation products and services provide real solutions for many Americans who are facing foreclosure. Whether you have an ARM that has recently skyrocketed, a severe loss in property value, have suffered a loss in income, or you simply are finding that your current mortgage payment is more than you can handle … We can help.

Once the eligibility of the borrower for the mortgage modification loan is ensured, the lender will have to make a comprehensive analysis, using the following tools to determine the qualification of the borrower to get the loan restructured.

• Total Debt Ratio (45%): The total monthly expenditures including mortgage payments, other debt payments, property taxes, and insurance should not exceed 45% of the homeowner's monthly income.

• Net Present Value Test:To ascertain the cash flows, if more cash flow is generated in the modified loan, the lender is comfortable restructuring the loan.

• Mortgage Debt to Income Ratio (31%): Total income includes the aggregrate of salary, fees, commissions, social security, pension and other sorts of income.

• The total monthly payment would comprise of principal, interest, taxes, insurance, and homeowners association dues if applicable on the primary mortgage. To accomplish this ratio, the following sequences would be adopted:

If the loan modification is approved the following are possible outcomes:

1. The interest rate would be reduced

2. The terms of the loan can be extended up to 40 years if needed

3. Forebearance of the loan principal at no interest will be considered

4. Possible principal forgiveness (case by case basis)

5. The lender will perform a retroactive escrow analysis to ensure that the delinquent payments being capitalized reflect the actual requirements for those months capitalized