Loan Mod Success Stories
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New American Funding is a HUD
approved FHA direct lender. We staff an
expert team of loan specialists that can
help you get out of your existing
adjustable rate mortgage into an
affordable 30 year government insured
loan. In addition, we staff a full team of
loan modification specialists to assists
you in saving your home from
foreclosure.
approved FHA direct lender. We staff an
expert team of loan specialists that can
help you get out of your existing
adjustable rate mortgage into an
affordable 30 year government insured
loan. In addition, we staff a full team of
loan modification specialists to assists
you in saving your home from
foreclosure.
Irvine, CA (PRWEB) Rick
Arvielo, President of New
American Funding, says
many homeowners are
finding themselves
trapped in their loans.
Arvielo, President of New
American Funding, says
many homeowners are
finding themselves
trapped in their loans.
| Helping Homeowners Fix Their Loans & Save Their Homes |
1-800-426-5626
SITUATION:
Calvin Croom was in trouble and facing foreclosure due to a
decrease in his home's value... CLICK HERE TO LISTEN!
Calvin Croom was in trouble and facing foreclosure due to a
decrease in his home's value... CLICK HERE TO LISTEN!
Please visit our BLOG and
discuss your ideas or problems
with other homeowners caught
up in this national epidemic.
discuss your ideas or problems
with other homeowners caught
up in this national epidemic.
Loan Modification Experts with a proven
track record through TheBrokerNetwork.com
track record through TheBrokerNetwork.com
Irvine, CA (PRWEB) May 25, 2008 --
The President of New American
Funding, Rick Arvielo, says there is
a ‘Perfect Storm’ brewing when it
comes to borrowers qualifying for a
new home loan, but unfortunately,
this storm is blowing people right
out of their homes.. Read full story...
The President of New American
Funding, Rick Arvielo, says there is
a ‘Perfect Storm’ brewing when it
comes to borrowers qualifying for a
new home loan, but unfortunately,
this storm is blowing people right
out of their homes.. Read full story...
READ BUSINESS WEEK ARTICLE..
A Beacon of Sanity in Subprime
HSBC got slammed earlier than
most and moved aggressively to
minimize the pain. "Send money."
That was Brendan McDonagh's plea
to top brass after he was tapped last
year to clean up HSBC's mortgage
mess in the U.S. (HBC) McDonagh,
49, had just...Read full story....
A Beacon of Sanity in Subprime
HSBC got slammed earlier than
most and moved aggressively to
minimize the pain. "Send money."
That was Brendan McDonagh's plea
to top brass after he was tapped last
year to clean up HSBC's mortgage
mess in the U.S. (HBC) McDonagh,
49, had just...Read full story....
SITUATION:
Paulo Deoliveira was in an high risk loan with a $16,000
prepayment penalty... CLICK HERE TO LISTEN!
Paulo Deoliveira was in an high risk loan with a $16,000
prepayment penalty... CLICK HERE TO LISTEN!
SITUATION:
Martha Luciano's loan had adjusted from 6% to 9% and she was
faced with the prospect of foreclosure and losing her home...
CLICK HERE TO LISTEN!
Martha Luciano's loan had adjusted from 6% to 9% and she was
faced with the prospect of foreclosure and losing her home...
CLICK HERE TO LISTEN!
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SITUATION:
Mike Rochinich owed more on his home then it was
worth. We were able to negotiate $55,000 off his Note
and get him into a Government insured FHA 30 year
fixed mortgage with a payment he could afford...
CLICK HERE TO LISTEN!
Mike Rochinich owed more on his home then it was
worth. We were able to negotiate $55,000 off his Note
and get him into a Government insured FHA 30 year
fixed mortgage with a payment he could afford...
CLICK HERE TO LISTEN!
Unexpected mortgage
write-off saves home
Lakeland, Fl. - Mike Rochinich and his
wife bought their home in Lakeland in
2006. He thought they were getting a
fixed mortgage but got an unwelcome
surprise just before closing. "The only
loan that we could be approved for, an
adjustable 8.45%," said Rochinich.
And in April, that interest rate jumped
to more than 11%. With the increase
in taxes and insurance, Rochinich
says his house payment increased
$800 a month from what it had been
two years ago. "When we got the
news .. Read full story
write-off saves home
Lakeland, Fl. - Mike Rochinich and his
wife bought their home in Lakeland in
2006. He thought they were getting a
fixed mortgage but got an unwelcome
surprise just before closing. "The only
loan that we could be approved for, an
adjustable 8.45%," said Rochinich.
And in April, that interest rate jumped
to more than 11%. With the increase
in taxes and insurance, Rochinich
says his house payment increased
$800 a month from what it had been
two years ago. "When we got the
news .. Read full story
SITUATION:
Allen Coats was facing certain foreclosure and he was in risky
adjustable loan that was set to adjust next year. We were able to
negotiate the back payments on his mortgage and lower his rate
from 10.8% down to 7.5% on a fixed rate mortgage which saved
him over $400 per month on his monthly CLICK HERE TO
LISTEN
Allen Coats was facing certain foreclosure and he was in risky
adjustable loan that was set to adjust next year. We were able to
negotiate the back payments on his mortgage and lower his rate
from 10.8% down to 7.5% on a fixed rate mortgage which saved
him over $400 per month on his monthly CLICK HERE TO
LISTEN
SITUATION:
Karl's home value had dropped significantly and he owed
$150,000 more than what it was worth trapping him in a
risky adjustable loan which he could no longer afford. We
were able to negotiate off a whopping $138,000 with his
lender and get him into a 30 year fixed loan saving him
over $842.00 per month on his payments! We saved him
$138,000 off what he owed and $842 per month!!
CLICK HERE TO LISTEN
Karl's home value had dropped significantly and he owed
$150,000 more than what it was worth trapping him in a
risky adjustable loan which he could no longer afford. We
were able to negotiate off a whopping $138,000 with his
lender and get him into a 30 year fixed loan saving him
over $842.00 per month on his payments! We saved him
$138,000 off what he owed and $842 per month!!
CLICK HERE TO LISTEN
1-800-426-5626
SITUATION:
Luis Cirino had two loans on his home. The lender that
held his 2nd trust deed wouldn't subordinate a new loan
which locked him into a high interest adjustable first. After
weeks of negotiating we were finally able to get the 2nd
trust deed lender to writing down $60,000 and subordinate
a new first trust deed. Once that was accomplished we
were then able to get Luis out of a 9% adjustable into a
6.5% 30 year fixed FHA loan saving him $60,000 and $700
per month. CLICK HERE TO LISTEN
Luis Cirino had two loans on his home. The lender that
held his 2nd trust deed wouldn't subordinate a new loan
which locked him into a high interest adjustable first. After
weeks of negotiating we were finally able to get the 2nd
trust deed lender to writing down $60,000 and subordinate
a new first trust deed. Once that was accomplished we
were then able to get Luis out of a 9% adjustable into a
6.5% 30 year fixed FHA loan saving him $60,000 and $700
per month. CLICK HERE TO LISTEN
SITUATION:
Edith Hill's home had dropped in value significantly and she
couldn't qualify for a new loan that replace the current high
interest rate loan she had. We were able to negotiate about 30%
off her total mortgage which represented $43,000 and get her into
a low government insured 30 year fixed loan saving her $350 per
month...
CLICK HERE TO LISTEN
Edith Hill's home had dropped in value significantly and she
couldn't qualify for a new loan that replace the current high
interest rate loan she had. We were able to negotiate about 30%
off her total mortgage which represented $43,000 and get her into
a low government insured 30 year fixed loan saving her $350 per
month...
CLICK HERE TO LISTEN
SITUATION:
Mr. Halbert had a unique situation where we had to negotiate with
his lender twice. We had originally assessed his property value at
$215,000 and successfully got his lender to write down his loan
amount of $245,000 to $215,000 ($30,000 savings) only to find out
after a appraisal review, that the value was much lower which is a
common story these days. We again whet to his lender and
re-negotiate the write down further to include the shortfall which
saved him a total of over $74,000 with a monthly savings of over
$600.00 per month.
CLICK HERE TO LISTEN
Mr. Halbert had a unique situation where we had to negotiate with
his lender twice. We had originally assessed his property value at
$215,000 and successfully got his lender to write down his loan
amount of $245,000 to $215,000 ($30,000 savings) only to find out
after a appraisal review, that the value was much lower which is a
common story these days. We again whet to his lender and
re-negotiate the write down further to include the shortfall which
saved him a total of over $74,000 with a monthly savings of over
$600.00 per month.
CLICK HERE TO LISTEN
SITUATION:
Marrion Fay at 70 years old was working two jobs to make
her $2834.00 mortgage payment which had recently
adjusted to a whopping 11%. We were able to get her
interest rate adjusted down to 5.375% permanently which
saved her $1104 per month. She is now able to make her
payments and never has to worry about it adjusting again...
CLICK HERE TO LISTEN
Marrion Fay at 70 years old was working two jobs to make
her $2834.00 mortgage payment which had recently
adjusted to a whopping 11%. We were able to get her
interest rate adjusted down to 5.375% permanently which
saved her $1104 per month. She is now able to make her
payments and never has to worry about it adjusting again...
CLICK HERE TO LISTEN
SITUATION:
Fran Duhaylonsod tryed to work out a loan modification with her
lender but they were unwilling to listen and no one would help. Our
loan modification department was able to get hold of the right
person and take Fran's 12% loan down to 7.5% saving her over
$900 per month. She was otherwise facing a certain foreclosure...
CLICK HERE TO LISTEN
Fran Duhaylonsod tryed to work out a loan modification with her
lender but they were unwilling to listen and no one would help. Our
loan modification department was able to get hold of the right
person and take Fran's 12% loan down to 7.5% saving her over
$900 per month. She was otherwise facing a certain foreclosure...
CLICK HERE TO LISTEN
SITUATION:
Josephina Luciano's loan had adjusted to 9.1% which created a
real hardship for her. She was struggling to make her payments
was scared she would loose her home. We were able to get her
interest rate reduced to 6.25% saving her $700.00 per month...
CLICK HERE TO LISTEN
Josephina Luciano's loan had adjusted to 9.1% which created a
real hardship for her. She was struggling to make her payments
was scared she would loose her home. We were able to get her
interest rate reduced to 6.25% saving her $700.00 per month...
CLICK HERE TO LISTEN
SITUATION:
Jeff and Linda Serben were facing a real hardship due
to health reasons and a job change. They fell behind
on their mortgage and were headed toward
foreclosure. Jeff tried to work with his lender but was
not successful so he called us and within 2 weeks we
were able to reduce his payment by $500 per month...
CLICK HERE TO LISTEN!
Jeff and Linda Serben were facing a real hardship due
to health reasons and a job change. They fell behind
on their mortgage and were headed toward
foreclosure. Jeff tried to work with his lender but was
not successful so he called us and within 2 weeks we
were able to reduce his payment by $500 per month...
CLICK HERE TO LISTEN!
SITUATION:
SITUATION: Gwendolyn Lacy had suffered some
financial hardships which caused her to get behind on
her mortgage. Her loan had been adjusting upward
with the next adjustment going to over 10%. We were
able to get her interest rate reduced to 3% for the first
2 years and fixed at 4% for the remaining term of her
30 year loan.
CLICK HERE TO LISTEN!
SITUATION: Gwendolyn Lacy had suffered some
financial hardships which caused her to get behind on
her mortgage. Her loan had been adjusting upward
with the next adjustment going to over 10%. We were
able to get her interest rate reduced to 3% for the first
2 years and fixed at 4% for the remaining term of her
30 year loan.
CLICK HERE TO LISTEN!
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