Modification Success Story: Bank Modification Approval for 2% interest to Owners – Oak Park CA

We negotiated this Modification and obtained a bank modification approval for a house in Oak Park, CA. The owners bought this house as a primary residence in 2006 for $765,000 and obtained a mortgage for $680,000. Due to decline of income, the family had to cut down their expenses. Following after, the family fell behind on the mortgage payments. The borrowers were on a route to foreclosure. I Short Sale, Inc negotiated the modification by placing the delinquencies of over $80,000 on top of the loan and obtain a 2% interest rate on the total amount so the owners can afford the monthly payments and keep the home. Once the homeowners will make the three trial payments on time, you will obtain a permanent modification from this bank.

Call us 877-907-4678 or info@ishortsale.com

Lender references have been removed from the above to protect lenders' proprietary rights.