Home Mortgage
Are you behind on your mortgage?
Is your house worth less than you owe on it?
Do you have an ARM that is making your payment more than you can afford?
This situation isn’t your fault. Greedy unscrupulous lenders ignored the rules and lent money recklessly just so they could make billions of dollars in fees from you, the borrower.
Lenders have a legal obligation to lend money to people who have a reasonable chance of repaying it. But over the last 5-8 years lenders bent or in some cases completely ignored this responsibility and lent money without following the basic rules of banking, in many cases illegally. To compound the problem they came up with new and complicated mortgage instruments that are now crippling millions of home owners with payments they can’t afford.
Are you a NINJA?
How greedy and irresponsible were they? Some lenders made what are known as NINJA mortgages:
No Income No Job or Assets.
How can you lend money to someone who had no income and expect to be repaid? Lenders knew that these borrowers had virtually no chance of consistently making payments and at some point would face foreclosure.
Why did they make the loan? Money and greed. They collected thousands of dollars in fees and left the borrower to try and figure out a way to make the mortgage payments. Other lenders created exotic mortgage instruments to entice borrowers. From option-ARMS to reverse interest mortgages to mortgages with “teaser” rates that start out low but quickly increase until the mortgage payment is unaffordable. Imagine starting out with a teaser rate mortgage that had a monthly payment of $800 and then in a matter of 24 months seeing that payment rise to $1,500! It isn’t long before that homeowner is facing foreclosure.
The bottom line with all of this is that greed, money and lack of following established lending rules by lenders is causing families to lose their homes and all the money they have invested into it.
Breaking News
Did your mortgage lender provide you with an illegal mortgage?
Many borrowers are finding that their loan documents contain illegal provisions that prevent the lender from foreclosing! Some loans made over the past 5 years were funded with blatant disregard for the law, the majority of these loans have significant State and Federal violations resulting from carelessness, greed or just innocent oversight by the lender and/or broker.
However, no matter why these violations were performed by the lender, these violations carry EXTREMELY stiff financial penalties for the lender, and can result in SERIOUS legal consequences to the lender, such as forcing the lender to refund all interest paid to date back to the borrower.
What can you do?
There are protections and actions that you can take to stop a foreclosure and save your home or force the bank to lower your payment. The banks didn’t hesitate to put their hand in the taxpayer’s pocket when they were over their head in debt; they did what they had to do to survive. So should you.
The banks are already fighting to close loopholes and revise loan documents that could save your home from foreclosure, so act now before it’s too late. Our experienced home mortgage experts will assess your situation to determine the best course of action. The assessment is just $79.00 with results sent to you normally within 48 hours. In most cases we can provide a solution regardless of how far behind you are or how much money you owe.
To get started CLICK HERE and complete the assessment questionnaire, within 48 hours you will be contacted by your personal debt consultant and in no time you’ll be on your way to solving your home mortgage problem.
Act now, your family is depending on you!
