Good Loan Modification from Saxon Mortgage
I am happy to report a very successful loan Modification with Saxon Mortgage. My client had a rate over 8% and fell off his 3 payment plan modification last month. I gathered his documents, crunched the numbers and called Saxon. I spoke with a nice gal who took the information and put me on hold for awhile. When she came back on line she said she had great news. My client was approved for a modification that was substantially better than what he had been approved for previously. Bottom line figures is he went from 3480 per month to 1456.17 and that includes impounds for taxes and insurance. Trust me when I say this, he cried when i told him. The home was foreclosing on the 22nd of June and now he is saving $2000 per month and saving his home. He has that rate for 5 years then the rate adjusts 1% per year up until it gets to his current rate. By then I’ll have him in a 30 year fixed.
Grab my book and find out how all this cool stuff works. www.GoProLoanMod.com