This power Point will give you all the information you need to qualify and understand the process of Loan Modification, Enjoy!

1. PRESERVING THE AMERICAN
DREAM
"FORECLOSURE PREVENTION, LOAN MODIFICATIONS,
MORTGAGE NEGOTIATION"
Hope For Homeowners LLC

2. About Us
 Hope for Homeowners , LLC was established to help
home owners:
 Facing Foreclosure
 Have an ARM (adjustable rate mortgage)
 Upside down i.e. owe more than house is worth
 Experienced A Financial Hardship
 Desire a Lower Monthly Payment
 Wahl & Ribadinera PLLC, Legal Representation
 Combined 24 years experience in the residential
mortgage and real estate markets.

3. Our Services
 Represent You & Work As Your Advocate Through
This Process
 Forensic Review & Audit Of Your Loan Documents
 Structure A Financial Package Based On Our
Experience With Your Specific Lender
 Prepare A Proposal & Submit To Lender
 Leverage Our Contacts Within The Loss Mitigation
Dept of Lender. To Expedite The Process
 Negotiate To Obtain The Best Possible Outcome
 Bring A Proposal

4. The Process
• Request Loan File
• Financial Analysis
• Proposal
• Submission
To Lender
• Lender Review
• Follow up
Negotiation • Proposal
• New Documents
Documents

5. Why it works
 Lenders do not want to foreclose on your home.
 Lender’s want you to keep your home
 It is very expensive to foreclose on a property
 New government initiatives have been designed to
stop foreclosures
 This helps to stabilize home values & markets
 Turn a non performing loan into a performing asset
creates value for the lender

6. Possible Outcomes
Principal Reduction
Interest Rate Reduced
Graduated Payment Schedule
Term Extended
Interest Rate Fixed From An ARM

7. Examples
 Currently 3 months behind, with now unaffordable
ARM of 11.25%
 Lender: Chase
 Negotiated offer – rate reduction to 2.25%, 5yr fixed, 4.25% for
remaining 25 years
 Currently on time with now unaffordable 7.375% rate
 Lender: Aurora
 Negotiated offer – rate reduction to 4% for remaining 24years
– fixed rate
These are results of dedicated hard work, negotiating experience, and good
working relationships with the lenders & servicers. Results will vary.

8. Examples
 Currently on time with rate scheduled to adjust
drastically
 Lender: Countrywide
 Negotiated offer – rate locked at 5.25% for 30 years.
 Currently on time with now unaffordable rate of
8.625%
 Lender: Countrywide
 Negotiated offer – rate reduction to 4.25% for 7 years.
Payment savings of 1180.00 per month
These are results of dedicated hard work, negotiating experience and good working
relationships with the lenders & servicers. Results will vary.

9. Retail Cost Breakdown
First Mortgage: 2050.00
First & Second
Same Lender: 2350.00
First & Second
Different Lender: 2800.00
Forensic Audit: 550.00 per loan

10. How The Marketing Promotion Works
 Our company takes the money it would otherwise
invest in retail marketing and passes on a discount to
our promotional clients
 By passing on the savings to the client it allows our
company to market “organically” via referral and
word of mouth – which has proven to be our most
efficient marketing method.

11. Marketing Promotion
Participation requires agreeing to the following:
1. Price protection
2. Allow us to use your modification as a case study
3. Allow us to use you as a reference for future retail
customers.
4. Providing referrals

12. Promotional Pricing
Retail
First Mortgage: 2050.00
First & Second
Same Lender: 2350.00
First & Second
Different Lender: 2800.00
*includes forensic audit
Promotion
First Mortgage: 1225.00
First & Second
Same Lender: 1375.00
First & Second
Different Lender: 1500.00
Average Savings of 40%
*includes forensic audit

13. Unconditional Price Guarantee
 As a promotional client we guarantee the price. In
the event that you are able to find another company
that will provide the same service for less that our
promotional price we will refund you the difference.
 With our unconditional price guarantee you can be
confident you are getting the very best value

14. Payment In Full Payments
 Check
 Cash
 Money Order
 Credit Card
 5% Surcharge
 Minimum of ½ down
& balance within 30
days
Payment Options

15. Getting Started
 Documents
 Last months paystubs
 Last 2 years W2’s or Tax Returns
 Last Months Bank Statement
 Last Months Mortgage Statement(s)
 Financial Worksheet & Package
 Agreement to participate in promotion

16. Referral Form
 Name:________________ Phone:______________
 Relationship:______________Name:_______________
Phone:______________
 Relationship:______________
 Name:________________ Phone:______________
 Relationship:______________
 Name:________________ Phone:______________
 Relationship:______________
 Name:________________ Phone:______________
 Relationship:______________