Clc   Client Presentation
Upcoming SlideShare
Loading in...5

Like this? Share it with your network


Clc Client Presentation



Loan Modification Presentation

Loan Modification Presentation



Total Views
Views on SlideShare
Embed Views



0 Embeds 0

No embeds


Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
Post Comment
Edit your comment

Clc Client Presentation Presentation Transcript

  • 1.  
  • 2.
    • Today, banks are faced with more
    • foreclosures than they can handle.
  • 3. Recent Headlines prove this-
    • Housing Wire 02/03/2009 (
    • One in Six Borrowers are Underwater on Mortgage!
    • (
    • Homeowners have lost $6.1 TRILLION in home equity since the market’s peak in 2006.
    • Foreclosures make up nearly one in five (20%) of all transactions in 2008
    • The Mortgage Lender (
    • Since late 2006 – 329 major U.S. Lending operations have imploded!
  • 4.
    • Through Loan Modification , the Bank actually saves money, even when lowering your interest rate, monthly payment and in some cases even the loan amount…
    • and allowing you to keep your home.
  • 5. Case Study Choice Loan Consulting has an average of a 35% - 50% payment reduction on loan modifications.
  • 6. Let’s start with the basics…and answer your questions!
  • 7. 1. What is loan modification?
    • Banks Reduce your payment by reducing interest rates, principle balance and re-constructing the terms
    • In 2009, we expect 70 million homeowners to use loan modification to save their homes.
  • 8. 2. Why would a bank use loan modification instead of foreclosing on my house?
    • The bank loses less money lowering your interest rate and mortgage balance than foreclosing
      • Example on a $200,000 mortgage:
    • Foreclosure: Typically, bank gets 40 cents on the dollar.
    • After taking a $120,000 Loss the bank is required to escrow a foreclosure penalty of six times the loan amount totaling $1.2 million in a non interest bearing vault.
  • 9.
    • Would you represent yourself in a court of law?
    • Do you know what qualification formula that the banks are looking for in your financial statement?
    • Do you know what to say in a hardship letter?
    • Choice Negotiates 2 months of no payments on every loan modification.
    3. Can I do this myself?
  • 10. 4. I am several payments behind. Is it too late to save my home?
    • No! As long as we have at least 7 days before a foreclosure auction, we can help.
  • 11. 5. I am current on my mortgage, do I qualify?
    • Yes! If you are experiencing financial hardship you may be qualified. Banks do not require you to be behind on your payments.
  • 12. 6. I have spoken to my bank and they refused to help. Is there still a solution?
    • Yes! Many homeowners have faced this exact situation.
    • Choice feels confident that we can save you 35% - 50% on your mortgage payment.
  • 13. 7. What kind of loans can be modified?
    • Any type of loan! We are experts Negative Amortization, ARM, 80/20, HELOC, FHA, Rural, VA, Freddie Mac, Fannie Mae, Conventional, 1st and 2nd mortgages, Primary Residence, 2nd home, Luxury, Condo, Investment Properties, Commercial and Land.
  • 14.
    • 8. Why is it important to be represented by a loan modification Attorney vs. a Mortgage Broker or Real Estate agent?
    • Knowledge of the law
    • Proven expertise
    • Six months ago, that realtor or mortgage broker did not know what loan modification was – let alone how to help you
  • 15. 9. How many loan modification cases have you handled?
    • We started in January 2008 and have helped over 1,287+ people keep their homes. We are experts throughout every aspect of the loan modification process and have the success to prove it.
  • 16.
    • 10. How long does the loan modification process take?
    • Typically, 3 to 4 months
  • 17. 11. Will this hurt my credit?
    • Modification does not damage your credit, going 30 plus days late on your mortgage payment does.
    • It is not required for you to go 30 days late for us to modify your mortgage.
  • 18. Our commitment to you:
  • 19. Personalized Service
    • We make it priority number one to earn your trust
    • Our goal is to have a representative consult with you within 24 - 48 hours.
    • We want you to feel totally comfortable about the process, understand exactly how we can help you, and be confident that you are working with the very best people.
  • 20. Expert Representation
    • Most modifiers are inexperienced Realtors or Mortgage Brokers. Some have an Attorney on retainer.
    • We match you with one of our in-house attorney’s.
  • 21.
    • Caseload Limits
    • The loan modification process is extremely time sensitive and backlogs, delays, and slow responses can greatly jeopardize the outcome.
    • Choice Loan Consulting maintains a small caseload-to-team ratio to ensure that all communications and initiatives are clear, concise, and timely when it really counts!
  • 22. The Choice Difference
    • Most companies invest all there money on sales and marketing and only have a few negotiators in a back room negotiating your case.
    • Choice has 5 departments dedicated to getting your files efficiently processed…
  • 23. Our Departments
    • 1) Receiving
    • 2) Accounting
    • 3) Broker Price Opinions
    • 4) Financial Review
    • 5) Negotiating
    • We get the best results because each department is able to specialize their expertise on one area of the process.
  • 24.
    • Fair Fee Policy
    • We offer a “No Loan Modification – No Fee Guarantee”. Simply stated, losing a Loan Modification case could result in losing a home, and no one should financially benefit from this.
    • To this date, Choice Loan Consulting has successfully modified 100% of all cases!
  • 25.
    • Don’t go it alone.
    • Let our proven loan modification professionals and legal team give you the critical advantages you need.
  • 26. Resolve Letters…
  • 27.  
  • 28.  
  • 29.  
  • 30.  
  • 31.  
  • 32.  
  • 33.  
  • 34.
    • Not a loan…
    • a new lease on life!
  • 35.
    • You Don’t Have To Lose Your Home to Foreclosure
    • Our Trusted Loan Modification Options provide the solutions you need quickly!