This loan is a 2nd lien or 2nd mortgage on a Rental property. The original loan amount was $30,314.00. GMAC at first turned down the settlement offer all together but after a few months they came around. They came back with a initial offer of $7,500.00 we countered with $6,000.00 and we just got the approval! Click at the link to see it!
APPROVAL
So now the borrower has no 2nd mortgage and that eliminates the 2nd mortgage payment of $294.43 & over the life of the loan he is saving $70,000 in just what he would pay on INTEREST!!!
OLD TERMS
30,314.00 LOAN AMOUNT
11.25% INTEREST RATE
30 YEARS
$294.43 PRINCIPAL AND INTEREST
NEW TERMS
$6,000.00 SETTLEMENT AMOUNT
NO MORE PAYMENTS
NO MORE 2nd Mortgage
FYI I will soon be releasing a Consumer Credit & Loan Modification Package which could save you hundreds per month & hundreds of thousands over the life of the loan! This will not be a just Do it yourself Package or E-BOOK. This is a package of how to beat the banks at their own game! Sign up for email updates and I will send out an email once it's ready! Like always feel free to contact me at 800-208-4753 Office or email me at refionce@gmail.com for more information.
No comments:
Post a Comment