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If you are promised or quoted a payment or an interest rate on a
loan modification, you are being misled. There is no guarantee on a
loan modification. We prequalify your situation based on past
experience we have had with over 1500 clients.
Below are actual results of FES clients.
A.R.
Westin, Fl
Lowered payment from $6631 to $2433
9/30/09
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M/M Williams
Prior to Mod:
Had $11,307 in late payments and fees.
Rate of 9.375 % Adjustable
New Terms:
6.75% fixed 25 year term
$810 out of pocket.
$190 lower payment and fixed
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3-7-09
R.H. Ohio
Prior to Mod:
Was delinguent, 11.25% rate with a $1125 payment
Result:
Now current, 4% fixed, $614 payment.
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7-9-09
Modification complete
$38,500 in principal reduction
was a 6.9% Variable
now 5.1 adjusting up next 5 years to a fixed 6.5% for life.
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8-15-09
T.B. Florida
Was 9.875 adj rate with $17, 500 in arrearages.
now 5.5% fixed, $750.00 contribution, $16,750 on the back end of loan $498.00 reduction in monthly payment.
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8-15-09
G.V. in Virginia
Was 7.6% adj with %5100 in back payments
Now 7% fixed and $5000 is on the back end of loan, due upon selling or paying off.
You can find answers to the most frequently asked questions. If you don't find the answer you can call us at 614-766-6700, Toll Free 877-778-1039.
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