Any kind of loans for you, get a loan from us now.

Our No Equity Refinance Program can help you refinance your mortgage back to
CURRENT market value without any repercussions!

The Lender accepts a payoff lower than the full amount they are owed and
the Homeowner gets a new loan with a new Lender.

A Short Refinance allows the homeowner to retain ownership of the property. Instead of the property being sold like a short sale, it is refinanced with a new lender. You will get all of the negative balance eliminated and a new 30 year fixed rate mortgage.


Our Principal Reduction is:
• NOT a Loan Modification
• NOT a Short Sale
• NOT a Forbearance
• NOT a Lease Option
• NOT a Money Merge Account
• NOT a Foreclosure Bailout


Who Qualifies?
• Must have steady verifiable monthly income
• Owner occupied primary residence, vacation homes or investment properties
• Homeowner must owe at least 20% more than what the home is worth today. The industry
terms for someone with any secured loan like this is either "upside down" or "under water".
(120% or more LTV-Loan to Value)

• Notice of Default OK
• Co-Borrowers are OK
• No additional assets required
• Recent loan modification is OK
• Any and all credit ratings will qualify
• No requirements for length of time on job
• No requirements for length of time on title
• Currently behind on payments, history of late and/or partial payment OK
• Pre-foreclosure subject to approval, must be 90+ days from Notice of Trustee Sale



How Long Will the Process Take?
• No standard time frame, varies anywhere from 30-90 days depending on each lender
• Larger Banks such as Bank of America, Chase, Citi, and Wells Fargo are able to process files
more quickly than the smaller community banks
• We work directly with each bank’s Asset Management Protection Department which have
complete control of this process (Unlike Loan Modification which must go through, over and around the
Loan Servicer’s Collection and Customer Service department in order to reach the Loss Mitigation Department of
the true investor that owns the Note and also have final approval of the Private Mortgage Insurance Company)


Guarantees and Warrantees
There are no guarantees when starting any type of Principal Reduction Program
If it can be done, we can do it. If we cannot do it, then nobody can.
We will do our best on each case but may not be able to get lender approval for any of the following:
• Client’s Bank is not willing or ready to negotiate
• Some notes will be unable to be located
• The note was packaged as a security and cannot be separated for legal reasons
• Client’s 2nd lien holder not willing to negotiate
• Client situation changes, loss of job, loss of income, reduction of income
• Information client gave during the pre-qualification process found to be inaccurate


Why are Lenders Liquidating upside down Notes with Principal Reduction accepting payoff short of what they are owed?
• The FDIC sets a requirement for each bank to have a minimum amount of cash reserves
• Non-performing assets make it impossible for the lender to meet the FDIC requirements
• Banks know most upside down homeowners are willing to just walk away from their obligation
and these assets must be liquidated in order to remain in regular operation
• By liquidating these non-performing assets, banks are then in a better position to lend money
• Banks need an additional source of cash and we offer all cash settlement so banks are able to
lend immediately after the asset is liquidated
• Banks are in business to do one thing, MAKE MONEY. They create loans and collect
payments, that’s it. If that does not work then they have to get those non-performing assets
off their books
• Lenders don’t want to have to take any more Government Bailout money from
Troubled Asset Relief Program (TARP), they don’t want to be accountable and no longer want
the Government telling them what to do
• The cost of this Short Refinance is the best option when faced with 60% of Loan Modifications
failing 6-12 months down the road, Short Sale would be a greater loss having to pay Realtor
commissions and closing costs, Foreclosures is an even greater loss and Bankruptcy is the
worst thing of all


Benefits of the Principal Reduction Program for the Homeowner
• 30 year fixed rate Mortgage
• Lower your monthly payment
• No closing costs paid by homeowner
• No Credit Score qualification required
• Build Equity with each monthly payment
• Secure future with firm control of the property
• Reduction in principal balance to current market value
• Property Taxes and Property Insurance satisfied at the same time
• No Tax Repercussions. Consult with your Tax Advisor for further information
• Keep your home, no need to move out, never lose Title/Ownership of your home
• Rebuild your credit with no permanent scars to prevent you from getting any future loans


How much does it Cost the Homeowner?
$895 first Mortgage (additional $175 if a second Lien totaling $1070)
One time fee includes:
• Processing
• Credit Report
• Desk-top analysis fee
• Property Appraisal
• All Closing Costs
• Title research
• Postage
THERE ARE NO ADDITIONAL FEES REQUIRED FROM THE HOMEOWNER!


Benefits of our Principal Reduction Program or Short Refinance for the Lender
Banks today are taking massive losses on foreclosures and short sales. They are also taking losses on Loan Modifications which reduce the interest rates, which reduces the profit the bank makes over time. Our Principal Reduction Program offers the banks a chance to instantly “reset” their balance sheet by getting their under-valued assets completely off their books through a better option. Because it gives them an infusion of cash it gives banks the ability to create new loans for new people. The main challenge with negotiating a short payoff is proving that it is in the lender’s best interest to write off a portion of the loan amount today. We develop a strategy to present your case to your lender in an ethical approach that creates a win-win scenario for everyone involved.


FAQ’s
• Which States? All.
• What if I owe back taxes? Paid at closing.
• Minimum Price/Value? None.
• Is the fee refundable if not successful due to Lender refusal? Yes. Phase 1 is 100%,
Phase 2 is all except the $25 credit report, Phase 3 is $295
• Will my bank participate in this program? Yes, but they wont just tell you that because,
Banks are big time investors and master negotiators. Banks are in business to make money.
Two things your bank will never tell you; they are distressed because of the market and they are
willing to participate in any solution that would cause them to loose money.
Contact our Analysis department to see if you qualify 347-301-1615
or fill out this contact form:Phone number:
Email:
Full property address:
Additional Comments:Name: Contact our Analysis department to see if you qualify 347-301-1615
or fill out this contact form:Phone number:
Email:
Full property address:
Additional Comments:Name:
Our Goal: Let's get your EQUITY BACK!
YOU in a better equity position is our #1 priority.

Our experienced professional negotiators work to bring your mortgage current, reduce your monthly payments and negotiate a reasonable equity position for you.

Three Step Process

Step 1 Pre-qualification (2-3 business days)
Free no obligation consultation to gather information in order to do our Quick Qualification.
• Either call us 347-301-1615 for a quick analysis of your situation and answer any questions or
• Online Pre-qualification Principal Reduction Application you can either printout and fax back to
us or edit the initial form and submit via email by either attaching your saved information or
pasting it in the body of the mail.


Step 2 Short Refinance Processing (14-30 days)
• Gather required documents and submit complete package to our investor department for
qualification
• Verification of income
• Review of current debt to income

Homeowner Required Documents
• Property Evaluation Program Agreement contract signed (5 pages)
• Credit Report Authorization and Release Form
• Authorization to Release Lending Information
• Copy of your Notice of Sale “NOS” (if applicable)
• Copy of your Notice of Default “NOD” (if applicable)
• Copy of your Driver’s License (State ID.) and Social Security Card
• Copy of your most recent mortgage statements
• Copy of your W-2’s or 1099's for last two years
• Copy of your last 2 months Pay Stubs. (For both the borrower and co-borrower.) If self
employed provide Profit and Loss Statement. If collecting either Social Security, Pension or
Disability- provide statements.
• Copy of your last 6 month’s bank statements (all pages single-sided)
• Copy of your last two years tax returns (For both the borrower and co-borrower.) Federal 1040
two pages (be sure to sign the second page) and any additional Schedules and/or profit and
loss pages, if applicable.
• Copy of your homeowners insurance
• Fee $895 1st Mortgage Only ($1070 total if their is a 1st and 2nd Mortgage)