albaniaproperty.eu/blog

Able Financial Solutions specializes in Home Loan Modifications in the Southern California area. We’ve gone way above and beyond the call of duty to familiarize ourselves with the unique circumstances home owners contend with from Los Angeles to Riverside; from Orange County to Hemet. Our expertise rests in our ability to understand and connect with the average person dealing with hardships.

At Able Financial Solutions, we pride ourselves in bringing forth factual, up-to-date information that helps struggling and savvy homeowners alike make intelligent and informed decisions about Home Loan Modifications. We also acknowledge there are a lot of Home Loan Modification experts who can make the negotiation process with your lender appear more intimidating than it really is…

We’re not here to necessarily convince you to do business with us (although we appreciate everyone who is drawn to work with us). Our mission of sorts is to increase the positive awareness about Home Loan Modifications, especially as it pertains to the Southern California area where we reside.

Home Loan Modifications in Southern California are an amazing opportunity for any homeowner who seeks out their government supported right for mortgage restructuring!

There are a lot of misconceptions, misinformation, and old truths not yet retold about Home Loan Modifications. If you’re a homeowner in L.A., Riverside, San Bernardino, O.C., or San Diego, listen up: The information we’re inspired to share with you is going to help you tremendously in making the right decision about your ever-expanding mortgage restructuring options.

Let’s get straight to the heart about the Home Loan Modification reality:

• The Obama Administration believes Home Loan Modifications are an essential piece for economic recovery. Obama has created a 75 million dollar federal program that helps people with home loans of less than $729,750 succeed in restructuring their mortgages.

• Lenders like Chase, Bank of America, and Citi Bank (just to name a few) are extremely compliable about approving Home Loan Modifications. Whereas, a couple years ago, Southern California lenders were quite stubborn about approving home loan restructuring of any kind. New precedence about government funding and overseeing has changed the way lenders treat mortgage loan modifications. These are empowering times for homeowners, as much as they are scary for people who don’t know their rights and options. (Note: Individual lenders are more apt to approve different aspects about your home loan modification. Contact Able Financial Solutions to learn more about your situation.)

The truth is that Home Loan Modifications are absolutely perfectly suited for anyone unhappy with the structure of their mortgage:home loan modification

• Are you paying a loan that’s under water, e.g. no equity?

• Have you been unable to pay your monthly mortgage and need to find a solution immediately to prevent foreclosure?

• Are you already in the midst of foreclosure proceedings and are experiencing a lot of fear about what options you have to save your home?

A lot of people fail to seek out the options they have to restructure their home loans because of fearing the unknown. These ever-changing economic times, while difficult for a lot of people; are also affording YOU the opportunity to renegotiate with lenders in ways that weren’t as possible a few years ago. Lenders in Southern California don’t want an abundance of foreclosed properties. That’s to nobody’s benefit. Know your options, don’t allow the noise in your head to prevent you from taking deliberate action to better your life. The facts are that Home Loan Modifications are appropriate and available for anyone in the Southern California area who wants to:home loan modification

• Lower their interest rate.

• Lower their loan principle to be more in harmony with today’s reduced home and property values.

• Stop paying ridiculous monthly payments for their outdated principle loan.

No, you are not helpless.

No, your home loan circumstances are not hopeless; even if you were rejected for a Home Loan Modification in the past.

Able Financial Solutions has special relationships with many of the lenders in Southern California that allow us to complete a modification in 3-5 weeks. Our unique ability to expedite your Loan Modification is a peace of mind we enjoy giving our customers.mortgage modification

When you work directly with Able Financial Solutions, we also take the burden of stress off your shoulders by:

• Determining the outcome of your Home Loan Modification before imparting any financial obligation to you.

• We also work with you to create a monthly payment you can afford before there is any cost to you.

In plain black & white English, there are absolutely no upfront costs for your Home Loan Modification. You can take that to the, um, lender!

Take the first step and contact us today. We’re here to help you become aware about your specific Home Loan Modification options. More importantly, Able Financial Solutions will give you the freedom to finally leave behind all the stress, worry, doubt, and fear about your cherished home. We proudly facilitate the ability for you to regain your sanity and equilibrium so can live a more hassle free life. Isn’t that what we all want?

Able Financial Solutions specializes in Home Loan Modifications in the Southern California area. We’ve gone way above and beyond the call of duty to familiarize ourselves with the unique circumstances home owners contend with from Los Angeles to Palm Springs; from Orange County to San Diego. Our expertise rests in our ability to understand and connect with the average person dealing with hardships. mortgage modification

At Able Financial Solutions, we pride ourselves in bringing forth factual, up-to-date information that helps struggling and savvy homeowners alike make intelligent and informed decisions about Home Loan Modifications. We also acknowledge there are a lot of Home Loan Modification experts who can make the negotiation process with your lender appear more intimidating than it really is…

We’re not here to necessarily convince you to do business with us (although we appreciate everyone who is drawn to work with us). Our mission of sorts is to increase the positive awareness about Home Loan Modifications, especially as it pertains to the Southern California area where we reside.

Home Loan Modifications in Southern California are an amazing opportunity for any homeowner who seeks out their government supported right for mortgage restructuring!

There are a lot of misconceptions, misinformation, and old truths not yet retold about Home Loan Modifications. If you’re a homeowner in L.A., Riverside, San Bernardino, O.C., or San Diego, listen up: The information we’re inspired to share with you is going to help you tremendously in making the right decision about your ever-expanding mortgage restructuring options.loan modification

Let’s get straight to the heart about the Home Loan Modification reality:

• The Obama Administration believes Home Loan Modifications are an essential piece for economic recovery. Obama has created a 75 million dollar federal program that helps people with home loans of less than $729,750 succeed in restructuring their mortgages.

• Lenders like Chase, Bank of America, and Citi Bank (just to name a few) are extremely compliable about approving Home Loan Modifications. Whereas, a couple years ago, Northern California lenders were quite stubborn about approving home loan restructuring of any kind. New precedence about government funding and overseeing has changed the way lenders treat mortgage loan modifications. These are empowering times for homeowners, as much as they are scary for people who don’t know their rights and options. (Note: Individual lenders are more apt to approve different aspects about your home loan modification. Contact Able Financial Solutions to learn more about your distinctive situation.)

The truth is that Home Loan Modifications are absolutely perfectly suited for anyone unhappy with the structure of their mortgage:

• Are you paying a loan that’s under water, e.g. no equity?

• Have you been unable to pay your monthly mortgage and need to find a solution immediately to prevent foreclosure?

• Are you already in the midst of foreclosure proceedings and are experiencing a lot of fear about what options you have to save your home?

A lot of people fail to seek out the options they have to restructure their home loans because of fearing the unknown. These ever-changing economic times, while difficult for a lot of people; are also affording YOU the opportunity to renegotiate with lenders in ways that weren’t as possible a few years ago. Lenders in Southern California don’t want an abundance of foreclosed properties. That’s to nobody’s benefit. Don’t let the noise in your head prevent you from taking action to better your life because of not fully knowing your options. The fact is that Home Loan Modifications are appropriate for anyone in the Southern California area who wants to:loan modification

• Lower their interest rate.

• Lower their loan principle to be more in harmony with today’s reduced home and property values.

• Stop paying ridiculous monthly payments for their outdated principle loan.

No, you are not helpless.

No, your home loan circumstances are not hopeless; even if you were rejected for a Home Loan Modification in the past.

Able Financial Solutions has special relationships with many of the lenders in Southern California that allow us to complete a modification in 3-5 weeks. Our unique ability to expedite your Home Loan Modification is a peace of mind we enjoy giving our customers.

When you work directly with Able Financial Solutions, we also take the burden of stress off your shoulders by:

• Determining the outcome of your Home Loan Modification before imparting any financial obligation to you.

• We also work with you to create a monthly payment you can afford before there is any cost to you.

In plain black & white English, there are absolutely no upfront costs for your Home Loan Modification. You can take that to the, um, lender!

Take the first step and contact us today. We’re here to help you become aware about your Loan Modification options. More importantly, Able Financial Solutions will give you the freedom to finally leave behind all the stress, worry, doubt, and fear about your cherished home. We proudly facilitate the ability for you to regain your sanity and equilibrium so can live a more hassle free life. Isn’t that what we all want?

The Last Option – Southern California Short Sales

At Able Financial Solutions, we are here to educate you about all of your options for either saving your home, or getting out of your loan with your integrity. We believe that it is our social duty to lift Americans up when circumstances are at their toughest. That’s part of our responsibility as innovators at the forefront of helping every day people change their home loan circumstances.home loan modification

One of the ways we accomplish this feat is by offering information. After all, information is power, right?

If truth be told; at no other time in recent history have we collectively needed a helping hand more than we do right now. The key to raising our communities and society as a whole out of despondency, and back up into financial and social prosperity is to make sure everyone is fully aware of all their choices. If we can help you gracefully transition out of a financially toxic situation, then finally our communities can be productive again – and you can journey forward discovering new and unfounded dreams.

When it’s time to walk away from your home so you can begin building for a better, more harmonious future, Able Financial Solutions is here to help you sift through your options. A Short Sale, while not your first option for saving your home; is your last, best option before your lender forecloses on your mortgage.

The Southern California Real Estate Reality

The reality for Southern California Real Estate is at a crossroads. There are any number of people dealing with home loans that are much higher than the value of their properties. This isn’t going to remedy itself. As the Southern California Real Estate Market continues to come back down to earth, so to speak, it is destined that Short Sales will remain somewhat prevalent until home values even out.mortgage modification

Able Financial Solution’s stance on this is; we want to make sure you’ve exhausted all your other options, first and foremost, before moving forward on this path. Secondly, if a Short Sale is in your best interest, we will work diligently to create the best outcome possible during this lengthy and life-changing emotional roller coaster.

Okay, Wait, Wait, Wait… What Exactly is a Short Sale?

A Short Sale is when your lender allows you to put your home on the market for less than you owe on the total principle. Bluntly stated, your lender is essentially cutting their losses by giving you the opportunity of paying back only the fair market value your home is now worth. Obviously, you can probably surmise why Selling Short can be a tough process, e.g. lenders don’t like to lose money. Keep in mind, it’s neither your fault that the economy has bottomed out as much as it has, nor is it your responsibility that your lender’s home loan is worth more than your actual house.

Short selling your home in the current Southern California market could prove to be the right choice… if you’ve exhausted all of your other options.

Some of the benefits for a Short Sale include:

• Allowing you (and your lender) to avoid foreclosure.

• Helping your lender recoup some of the monies they lost on your loan; as opposed to your lender going through the more costly endeavor of foreclosing on your property.

• Your lender might forgive the difference between what your home sold for and what your home loan was worth… if you can prove enough financial hardship. (Note: It’s critical to have Able Financial Solutions represent you to ensure you get the best deal from your lender.)

• The impact on your credit score should be less than going through a foreclosure or Chapter 7 Bankruptcy; empowering you to financially bounce back faster and potentially buy another home when your hardship subsides. Should is italicized because by no means will a Short Sale guarantee your credit will be saved. However, depending upon the negotiation process between Able Financial Solutions and your lender, we could very possibly turn your negative circumstances into a positive outcome. Able Financial Solutions will passionately represent your best interest when and if your financial circumstances make a Short Sale your last, best option.

That being said, your bank or lender has to approve a Short Sale, just like a Home Loan Modification, because they’ll be taking a big financial hit; at least in terms of what your initial loan had led them to expect from you when times were positive.mortgage modification

Why Should I Try A Loan Modification First?

Like I said above, your lender needs to approve a Short Sale. You must show signs of extreme financial hardships for your lender to make a Short Sale mutually beneficial. You’ll have to exhibit job loss, or the elimination of an important stream of income to convince your lender that endorsing a Short Sale is in their best interest. Also just like a Home Loan Modification, your lender requires a Hardship Letter and financial documentation to authorize a Short Sale.

Now, if you do indeed owe more than your home is worth on the current Southern California real estate market, you can prove hardship, and you’re behind on your mortgage; your lender might be willing to sanction a Short Sale. Again though, if you’re eligible for a Short Sale and you haven’t tried to modify your current home loan to lower your interest rates, monthly payments, and maybe even your principle; start over. Use all the information you’ve compiled for your lender to launch your case for a Home Loan Modification first.

The Last Option

Okay, so you’ve tried everything to save your home. It’s time to walk away with dignity and leave open as many future potentials as you can. Able Financial Solutions deeply understands the emotional stress that losing your home induces. We also know that you want to secure your credit as much as possible so you can recover and rebuild your quality of life efficiently and quickly.

A Short Sale is shedding the past in the most honorable way; while leaving yourself with more positive options for the future. Able Financial Solutions is your team of compassionate experts ready to help you overcome your challenging financial circumstances, and assist you in rebuilding your life with as much authority as WE can.

Embarking on the process of a Short Sell is not necessarily easy; it’s not supposed to be easy… During the Short Sale process, empowerment lies in being gracefully navigated through each twist and turn, so that you’re left with a true clean slate. Able Financial Solutions can help you create a map that will steer you towards the most promising outcome.

If you’re a Southern California resident who needs help with your Short Sale, please give us a call to discuss your situation. We’d love to be a part of your recovery.

Able Financial Solutions specializes in Home Loan Modifications in the Southern California area. We’ve gone way above and beyond the call of duty to familiarize ourselves with the unique circumstances home owners contend with from Los Angeles to Riverside; from Orange County to Hemet. Our expertise rests in our ability to understand and connect with the average person dealing with hardships.

At Able Financial Solutions, we pride ourselves in bringing forth factual, up-to-date information that helps struggling and savvy homeowners alike make intelligent and informed decisions about Home Loan Modifications. We also acknowledge there are a lot of Home Loan Modification experts who can make the negotiation process with your lender appear more intimidating than it really is…

We’re not here to necessarily convince you to do business with us (although we appreciate everyone who is drawn to work with us). Our mission of sorts is to increase the positive awareness about Home Loan Modifications, especially as it pertains to the Southern California area where we reside.

Home Loan Modifications in Southern California are an amazing opportunity for any homeowner who seeks out their government supported right for mortgage restructuring!

There are a lot of misconceptions, misinformation, and old truths not yet retold about Home Loan Modifications. If you’re a homeowner in L.A., Riverside, San Bernardino, O.C., or San Diego, listen up: The information we’re inspired to share with you is going to help you tremendously in making the right decision about your ever-expanding mortgage restructuring options.

Let’s get straight to the heart about the Home Loan Modification reality:

• The Obama Administration believes Home Loan Modifications are an essential piece for economic recovery. Obama has created a 75 million dollar federal program that helps people with home loans of less than $729,750 succeed in restructuring their mortgages.

• Lenders like Chase, Bank of America, and Citi Bank (just to name a few) are extremely compliable about approving Home Loan Modifications. Whereas, a couple years ago, Southern California lenders were quite stubborn about approving home loan restructuring of any kind. New precedence about government funding and overseeing has changed the way lenders treat mortgage loan modifications. These are empowering times for homeowners, as much as they are scary for people who don’t know their rights and options. (Note: Individual lenders are more apt to approve different aspects about your home loan modification. Contact Able Financial Solutions to learn more about your situation.)

The truth is that Home Loan Modifications are absolutely perfectly suited for anyone unhappy with the structure of their mortgage:home loan modification

• Are you paying a loan that’s under water, e.g. no equity?

• Have you been unable to pay your monthly mortgage and need to find a solution immediately to prevent foreclosure?

• Are you already in the midst of foreclosure proceedings and are experiencing a lot of fear about what options you have to save your home?

A lot of people fail to seek out the options they have to restructure their home loans because of fearing the unknown. These ever-changing economic times, while difficult for a lot of people; are also affording YOU the opportunity to renegotiate with lenders in ways that weren’t as possible a few years ago. Lenders in Southern California don’t want an abundance of foreclosed properties. That’s to nobody’s benefit. Know your options, don’t allow the noise in your head to prevent you from taking deliberate action to better your life. The facts are that Home Loan Modifications are appropriate and available for anyone in the Southern California area who wants to:home loan modification

• Lower their interest rate.

• Lower their loan principle to be more in harmony with today’s reduced home and property values.

• Stop paying ridiculous monthly payments for their outdated principle loan.

No, you are not helpless.

No, your home loan circumstances are not hopeless; even if you were rejected for a Home Loan Modification in the past.

Able Financial Solutions has special relationships with many of the lenders in Southern California that allow us to complete a modification in 3-5 weeks. Our unique ability to expedite your Loan Modification is a peace of mind we enjoy giving our customers.mortgage modification

When you work directly with Able Financial Solutions, we also take the burden of stress off your shoulders by:

• Determining the outcome of your Home Loan Modification before imparting any financial obligation to you.

• We also work with you to create a monthly payment you can afford before there is any cost to you.

In plain black & white English, there are absolutely no upfront costs for your Home Loan Modification. You can take that to the, um, lender!

Take the first step and contact us today. We’re here to help you become aware about your specific Home Loan Modification options. More importantly, Able Financial Solutions will give you the freedom to finally leave behind all the stress, worry, doubt, and fear about your cherished home. We proudly facilitate the ability for you to regain your sanity and equilibrium so can live a more hassle free life. Isn’t that what we all want?

Of the 7 tools available for homeowners to renegotiate the terms of their mortgage, loan modifications are by far the most widely applicable, and the most useful in the type of hard economic times America faces today. The rules about who can qualify for a loan modification are simple:

• Anyone with an adjustable rate mortgage at a high interest rate;
• No one with a fixed-rate mortgage at an interest rate lower than today’s prevailing market rate;
• Just about everyone else between these two extremes, provided you navigate the approval process correctly;

Naturally, most homeowners fit into the third category. These homeowners can in turn be divided into two sub-groups:

• Homeowners qualifying for government assistance programs, like the Obama Administration’s Home Affordable Modification Program (HAMP). These homeowners must have a total unpaid mortgage debt on all properties that is less than $729,750.
• Homeowners not qualifying for government assistance programs, who have a total unpaid mortgage debt in excess of $729,750.

home loan modification simple rule for pursuing a loan modification with your lender is this: If you qualify for government assistance programs, than your best course is to pursue the modification yourself. If you do not qualify, than a loan modification is still possible, but you’re probably need some help. Using a professional team like the one at Able Financial Solutions, we can provide you with all of the tactics you need to obtain a strong bargaining position with your lender, and we’ll then use that leverage to exact the best new terms, with much lower rates, extremely lower monthly payments and a more manageable, modified mortgage.

Keep in mind that, even if you do not qualify for direct government assistance…. Many policies at the state and federal level have created powerful incentives for your lender to accept your request for a loan modification. Just because it is best to tap a professional firm like Able Financial Solutions for help negotiating with your lender doesn’t mean that you don’t have a strong argument. The Obama Administration has stated as policy that “No one should spend more than 38% of their total monthly income on mortgage payments,” even if that’s just on investment properties, and many experts acknowledge that most mortgages in the America are at interest rates up to 2% higher than they should be.

To put it simply, you have room to negotiate, and the conditions are right for you to succeed. Get started today bylearning about the loan modification process.