| Loan Modification | Mortgage Modification Secrets Attention: drowning homeowners looking for fast relief “Amazing FREE CD Reveals How I Modified my Mortgage down to 5.125% (fixed), Knocked $199,433 off my Total Loan Expense, and Lowered my Monthly Payment by $686… all with No Fees and
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FREE Loan Mod Secrets Quickstart CD
And It Gets Even Better: after my first loan mod success, I went after all 4 rental properties I own and was gifted a total of $493K in reduced expenses all through hassle-free mortgage modifications with no lawyers, no dodgy loan mod firms, and no wasting days on the phone calling my lender.
Here’s the deal: there’s a 6-12 month window on this mortgage modification bonanza with “free money” banking policies, so the question is: Do you want to fix your screwed up mortgage and save your home, or not?”
To: Struggling Homeowners
From: Mike Rockwood (Loan Modification Expert Author)
Dear Homeowner,
Let me guess… your home’s value is dropping by the day and your monthly mortgage payment is downright ridiculous in this economy—am I right?
You know that foreclosure is a terrible option, but you also know you’ve got to do something or you’ll spend the next 30 years broke and struggling, throwing most of your hard-earned money into a bottomless pit because, quite frankly, your mortgage terms stink!
NOTE: All loan types are currently being approved for modifications including
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Negative Amortization Loans
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Adjustable Rate Mortgages (ARMS)
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Fixed Rate Loans
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1st, 2nd and even 3rd mortgages
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Investment, vacation, and rental properties
Whether you’ve got tons of equity or negative equity—it just doesn’t matter. The real estate market is nose diving, and banks are shaking in their boots and throwing cash at homeowners, begging them to stay put.
Bad news for the banks, good news for you…
Listen up because I’m going to teach you my dead-easy loan modification secrets that’ll enable you to lock in a killer rate for the life of your loan and painlessly save your home and your credit from the pending doom that will crash down if you don’t do something right now!
What I’m about to show you could very well change your financial future forever. Here’s what this is about:
My name is Mike Rockwood, and I’ve spent the past year perfecting a 60-Minute Loan Modification System that I personally used to take advantage of the current banking crisis and save my family home just in time for Christmas.
And I didn’t stop there!
I went on to modify four more of my personal mortgages including 2nd mortgages and investment property loans even after the so-called “experts” told me it was impossible.
The clock is ticking: this type of banking crisis has never occurred before, so keep in mind that whatever type of financial stress you and I might be feeling, it’s nothing compared to IndyMac, Countrywide, or Wells Fargo (just to name a few).
The big banks are literally scared for their lives, and out of desperation, they’re allowing people like you and me to simply rewrite the terms of our loans.
Sounds ridiculous, I know…
… but believe me, your jaw would drop to the floor if you saw how much money is available if you simply know how to ask!
After I learned exactly how to talk to my bank, the loan modification process became so easy that I wanted to bang my head against the wall for not doing this ages ago.
Here’s a few of my personal successes to date:
My Indy Mac Loan Modification:
Before: 6.5% fixed (not bad… but not good enough)
After: 5.125% fixed
Monthly Savings: $638 (and $199K over life of loan)
*primary residence
Before: 6.5% fixed
After: 4.5% fixed
Monthly Savings: $262
*2nd mortgage
Before: 7.35% fixed
After: 7% fixed
Monthly Savings: Monthly Savings: $140 ($27K over life of loan)
*Rental property
Before: 12.5% fixed
After: 7.0% fixed
Monthly Savings: $95 ($12K total over life of loan)
*Rental property
*PLUS I reduced my principal by 20%
NOTE: Every lender in the country is accepting and approving loan modifications at this time
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Before I modified my mortgages, each month when the bills were due, I used to ask myself…
“How on earth am I going to get out of this mess?”
I considered bankruptcy, foreclosure, a short sale—everything! But those options would all (a) leave me homeless and (b) absolutely destroy my credit.
I’ve worked WAY too hard for that, so when I learned about loan modifications, I finally saw a light at the end of the tunnel.
Here’s why loan modifications are the best choice 7 days a week:
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No harmful short sale, foreclosure, or bankruptcy penalties on your credit report |
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No expensive real estate, mortgage broker, or closing costs involved |
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You DON’T end up broke or homeless, and you get to keep your house with excellent terms |
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The bank is happy, you’re happy—it’s win-win! |
Right now, hundreds of thousands (and soon to be millions) of loan modifications are being approved because 9% ($7 trillion) of all U.S. home loans are delinquent, and banks are shaking in their boots, scared silly at what might happen if all those homes foreclose.
This won’t last forever. In fact, whol thought it would’ve lasted this long already? But for now, every single mortgage lender is rushing to approve loan modifications from organized, qualified applicants… but you need to act fast!
Start right now by ordering my quick-start FREE 60 Minute Loan Mod CD!
HERE’S WHAT YOU’LL LEARN:
1.Why you MUST do your own loan modification application (and not hire someone to do it for you) because lawyers and loan mod firms use shortcuts that can make it impossible for you to get approved
2. How to complete your entire loan modification package in 60 minutes or less including all your follow-up documents and correspondence
3. Why debt-to-income (DTI) ratio is dead and how to accurately calculate your loan modification eligibility in 2 minutes flat
4. How to get a loan modifications approved on 2nd mortgages and even investment properties (Note: I’ve successfully modified 1st & 2nd mortgages on a total of 5 properties, these were personal and investment loans)
5. One powerful trick that forces lenders to give your application priority treatment
6. Why repeatedly calling your lender over and over is a total waste of time (and how to plan an effective follow-up program that’s as easy as pressing “print” on your computer)
7. Why getting rejected is actualy a good sign…you read that right, a GOOD sign!
Why I Created this Loan Modification Secrets CD?
The big banks and mortgage brokers have taken us for a ride these past few years, and as a real estate agent and homeowner, I’ve seen first-hand the number of lives that these Wall Street fat cats have turned upside down.
I’ll be totally honest with you: The mortgage industry makes me sick!
Worse yet, the same huckster brokers who got us into this mess are now the self-appointed “experts” charging $1,500-4,500 for loan modification services that either deliver poor results, a flat-out rejection, or no response at all.
I’m here to help you help yourself…
… because no one cares about your home and your money as much as you do, and this is NOT a complicated process. But you must do your own loan modification to get the terms you want, and my paint-by-numbers system makes it brain-dead simple to do so.
Why You Should Listen to Me
I’m probably a lot like you… in 2008, my house value dropped like a brick in a pond. I owed more than it was worth and my monthly payment was just plain ridiculous.
Like a lot of people, I misread the market. But my lender misread the market too! And if I hadn’t asked, my bank would have let me take the fall for what was obviously a mistake we both made.
Let me be clear about this:
When you buy a house, you and the bank are going into business together, the business of real estate. I’m a pretty smart guy, and I thought my house was a slam dunk investment.
I’ll admit it: I screwed up.
But my bank had a team of lawyers, analysts, actuaries, MBA’s and CPA’s, and they screwed up too! I borrowed too much, they lent me too much, and in the current economy, it became necessary to renegotiate our business agreement (a.k.a. my house) so we both didn’t lose our shirts.
Loan Modifications are Win-Win
Listen carefully: if you’re in trouble with your mortgage payments—if you’re struggling to get by—loan modification may very well save your home… so don’t even think twice about it!
Take action now!
Informed homeowners are playing hardball with the big banks and getting amazing results (uh… 4.5% interest rate anyone?). And remember, with loan modifications done right, both you and the bank will walk away smiling!
It’s a win-win proposition.
Can Banks Really Just Give Away Money?
It’s hard to believe but it’s true. Here what we know:
• Dec 26, 2008: Hope Now (a lender alliance) announces its plans to double the number of loan modifications granted in 2009 and save 2.2 million homes from foreclosure with as much as $300 billion in government subsidies
• Oct 31, 2008: Chase announces plans to modify $110 billion in home loans
• Oct 6, 2008: Bank of America (who took over Countrywide) announced it’ll dish out $8.4 billion in interest rate and principal reduction for homeowners
• March, 2009 Making Homes Affordable becomes the de facto standard for mortgage modifications
• August, 2011: The economy slows so much that Standard & Poors downgrades our nations credit rating and talk of a “double-dip recession is rampant
Loan modifications are being approved right now by every single mortgage lender nationwide… so the questions is, do you want to participate or not?
Here’s the way I see it:
Wall Street already got their bailout (to the tune of $2 trillion!), and loan modifications are now bailing out average people like you and me on Main Street—but it’s not going to last forever!
Why You MUST Do Your Loan Modification Yourself
Don’t be fooled! Before I decided to do my loan modification myself, I almost hired a so-called “loan mod consultant…” thank goodness, I learned the truth first!
Here are the scary facts of loan mod firms:
- Most loan modification firms were started by subprime mortgage brokers who were out of work.These hucksters know very well that they’ve only got 6-12 months before banks stop accepting loan modification requests, so their goal is to get as many customers (and as much money) as they can right now.They’ll often charge a ridiculous $1,500-4,500, and once they’ve got your money, their focus is on getting more customers, not servicing their existing ones.
- On the rare occasion when a loan modification firm is successful, they almost always accept the first offer the bank suggests—this is crazy! The bank’s first offer is almost never their best offer, so even if you do get your loan mod, you could still be getting screwed long-term.
- Loan modification firms use cookie-cutter template letters and legal speak that sends up red flags at many banks. Remember, your lender is under tremendous pressure from the government and the media to help
individuals like you, not fast-talking lawyers or consultants. - In California, there are currently only 14 certified loan modification consultants yet over 1,000 companies offering loan modification services—do the math.
Most firms are operating illegally in California, and the same is true in every other state as well.
Not Sure If You Qualify?
Crazy but true: more people qualify than don’t for loan modifications.
As long as you can demonstrate some financial hardship and a real risk of defaulting on your loan, there’s an excellent chance you can knock 5 or even 6 figures off your total mortgage expense and whack a huge chunk off your monthly payment—simply by asking the right questions!
So why isn’t everyone doing this?
They are! Your bank gets hundreds of loan modification applications every single day. Normally this would be a problem, but since most requests come from idiot lawyers and other hacks trying to cash in others’ hardships, it’s incredibly easy as a homeowner applying on their own (with my insider strategies) to stand out and get your loan modification approved quickly…
… you just need to understand the process!
With 5 successful modifications under belt (including loans that I was told were impossible to modify), I know exactly how this works. I even know a simple trick that makes it illegal (yes, that’s right, illegal) for your lender to ignore your application.
Why I’m Giving this CD Away for Free?
There are 2 reasons I’m giving this CD away for free:
Reason #1: I believe we only have 6-12 months before loan modifications become ancient history, so this CD is my way of spreading my message as quickly as possible
Reason #2: I offer the most comprehensive do-it-yourself loan modification kit available anywhere, but before you make a decision to join my inner circle of clients, I feel it’s only fair that you learn more about who I am and what I’m about to make sure we’re a good fit.
Ideally, I’d like to meet you in person (I hold live workshops all the time), but since that’s probably not possible, my FREE CD and FREE Teleconference on Tuesday is the next best thing.
Save Your Home Today!
Most struggling homeowners go through a huge denial—I know I did! This is so embarrassing… I actually felt guilty for asking my bank to modify my loan.
How crazy is that?
I figured I messed up so I was to blame. Now I know how ridiculous that is. Firstly, my bank is just as much to blame as me, and secondly, it just plain doesn’t matter!
This housing crisis is affecting everyone, so modifying an upside down, crazy mortgage is not just reasonable—it’s actually the responsible thing to do.
Doing nothing, missing payments, and pulling your hair out trying to make ends meet is downright reckless by anyone’s standards!
So here’s the scoop:
A year ago, most people had never even heard of loan modifications, and now it’s featured on the news almost every night! Thanks to our tax dollars subsidizing the big banks, you and I (average people) have a chance to get bailed out too—but it won’t last forever!
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Do Not Hesitate—Modify Today!
The government subsidies will dry up. The real estate market will rebound, and within 6-12 months, loan modifications will be ancient history.
The time to act is right now while the government is breathing down lenders’ necks and while the tax dollars are flowing freely back to borrowers.
In these tough economic times, there are just two types of people:
First, there are those that take action, seize opportunity, and strategically position themselves for future success even when today, things might look a bit grim. The second type are those that complain, play the blame game, and cry “victim” every time they hit a speed bump.
I’ll admit, I used to be in the second group, the whiners, but then I wised up, and 2009 is now slated to be one of my best years ever.
Follow my system. Modify your loan. Slash your monthly payments and “fix” your screwed up mortgage. Start by ordering my FREE quick-start CD right now.
The only thing I ask is that you please call or email me with your success story when you too get a killer deal on your new mortgage terms.
To your Success,
Mike Rockwood
Loan Modification Expert Author
p.s. Originally, I ordered 150 copies of my FREE 60-Minute Loan Modification CD and was selling them for $24.95 until one of my clients suggested I just give them away… so that’s what I’ve done!
PLEASE NOTE: After my initial order runs out, I’ll have to go back to charging $24.95 for these CDs, so I would encourage you to place your order now.
Services: Loan Modification | Mortgage Modification
