The longer you wait, the harder it is for us to help you. Yes, we often do pull clients out of the fire at the last minute but consider this... If you hose payments are more than a month behind, your lender has probably already started foreclosure proceedings against you. As times passes, thousands of dollars in penalties and legal fees can be added to the balance you owe. And every single day the interest charges are growing.
Sometimes homeowners are not even aware how far their foreclosures has progressed. We talk to people almost every day who did not know
their house had already been sold at auction.
"Helping our Community Save Their Home"
Customize Approach
Too many banks use a "one size fits all" approach with homeowners in foreclosure. Your situation is unique. You deserve to get a
fair and
personalized settlement from your lender. We stop foreclosure by taking the time to listen to your concerns, assess your financial needs and then
negotiate a mortgage workout that YOU can live with.
Professionalism
We get your bank to pay attention to your needs because they know and trust us. We have been
stopping foreclosures for many years. During that time we have successfully
rescued a multitude of families from the devastation of foreclosure. Our chief mitigator has over 10 years' experience in Real Estate. That kind of experience and track record in the industry gives us
credibility with your lender. Our integrity and professionalism help us to be heard when no one else can get through the red tape.
Established Contacts
Our staff of full time mitigators works with the key negotiators and decision makers at lending institutions across he country on a daily basis. They speak the language and understand what it takes to break through the bureaucracy to get your case heard.
FAQ's
Q. How much does it cost?
A. The cost to modify a standard mortgage is $495.00 processing and then usually one and half times your mortgage payment.
Q. Is the service guaranteed?
A. You are only charged the $495.00 processing fee and half of the service fee is refunded to you if the loan is not modified. We also will not take a client that does not qualify for a modification.
Q. What States are eligible?
A. All 50 States.
Q. What Lenders and Services work best for loan modifications?
A. All lending banks have loss mitigation departments that are modifying home loans. We have worked with most mortgage lenders in the US.
Q. What kind of Borrower qualifies?
A. All Mortgage holders qualify, regardless of current LTV, credit, self employment, and mortgage lates. We will put together a modification package that is right for you. This includes Financial Statements (monthly summary), hardship letter, mortgage statements or any other documents the lending bank needs to do the loan modification. Client does not have to be employed.
Q. What is a good example of the modifiable loan?
A. Our "Text Book" file is a mortgage holder that has an ARM or is late on their mortgage and is having trouble making payments after the adjustment or foresees a problem after the adjustment happens. With that being said we have modified loans of all types; we specialize in Adjustable Rate Mortgages, as well as neg am loans, interest only loans, even fixed rate loans now qualify for modifications, investment and commercial property.
Q. What are examples of past modification results?
A. We have modified all types of loans. Some of our past results include Changing an ARM at a 9.6% to a fixed rate loan at 3%. If you have a Fannie Mae or Freddie Mac Loan we are getting customers rates as low as 2% fixed. We have put the Arrears (late payments) back into a loan and made the loan current. We have changed high fixed rates loans into lower interest rate loans.
Please contact me today at BittoFinancial@gmail.com or 586-709-9632 to receive our detailed Loan Modification Process Package.