Save Your Home with 60-Minute Loan Modification System

More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.

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For many homeowners, being underwater, also know as negative equity, has few consequences. If they’re not planning to sell and can afford their monthly bills, they can wait out the downturn.

For others, however, plunging underwater can spell disaster. If they become unemployed or have a financial emergency, they have no equity to tap. Or, if they need to downsize or sell their home to relocate for a job, they can’t.

Nearly 25% of all mortgages are underwater – CNNMoney.com

Don’t you find it amazing that almost everyone is blaming the poor homeowners for getting themselves in the situation they are in?

How about banks? I think it is way past time the banks share the burden and help the homeowners. After all they are the ones who offered to finance these houses that are now worth much less. They are the ones who came up with creative financing to get people in these houses. Banks are bigger and employ many smart people. If they did not foresee what is happening today with the market how could the homeowner have foreseen it. If it is homeowner’s fault to buy a home that lost its 25%-40% of value; why isn’t also the bank’s fault to finance that home? Whose fault is the current state of economy? If a homeowner is having hardship due to tough economy, why isn’t the bank willing to help and workout a loan modification?

It is time to fight back!

How?

Here is a great way to start: The 60-Minute Loan Modification

So what’s a struggling, over-leveraged, underwater homeowner to do?

Rockwood says, it’s time to stop doing the “responsible” thing, stop making payments, stop worrying about your FICO score—and do anything and everything necessary to get your lender’s attention now!

This means loan modification, short selling your home, or even using died in lieu of foreclosure to fix a bad situation fast.

Critics point the finger at Rockwood’s aggressive tactics claiming that reckless behaviors like these started this financial crisis in the first place—but Mike sees things differently.

The big banks got bailed out to the tune of trillions of dollars, but only a tiny fraction of that is being used to help the real victims of the economic downturn—the homeowners.

So smart homeowners are using street-fighting tactics to get in on the bailout money before it dries up. This means proactively pursuing loan modifications, short sales, and even chargeoffs of 2nd mortgages if needed to protect your family’s financial future.

“Everyone I work with is underwater,” says Rockwood. “Their income is down, their mortgage terms stink, and they’re drowning.” And with over 300,000 homes foreclosing each month, you’ve got to do more than just raise your hand if you want relief.

Here is what got my attention:

Loan modification expert author, Mike Rockwood, has renamed Obama’s “Making Homes Affordable Plan” the “Making Banks Profitable Plan.”

Yep, that’s exactly what our government is doing with our money!

Isn’t it time we get some of our own money back? Let’s get our money back without giving more of it to “consultants”, lawyers and hucksters.

Yes, you can take on the bank yourself!

More people qualify than don’t for loan modifications. As long as you can demonstrate some real financial hardship and a real risk of defaulting on your loan, there’s an excellent chance you can knock 5 or even 6 figures off your total mortgage expense and whack a huge chunk off your monthly payment-simply by asking the right questions!

Basic Loan Modification Qualifications:

• Must have a real hardship (loss of income, death in family, etc)
• Must have a debt-to-income ratio of 31-50% (but as high as 79% are still approved)
• Must have a loan that is at least 9-12 months old
• Must have an income source that can reliably & realistically allow you to make modified payments (if you’re unemployed, you’re in trouble)

Order The 60-Minute Loan Modification. It comes with 100% Iron-Clad Guarantee.