Our Services

If you have a question where you didn't find the answer you were looking for, please don't hesitate to call or email us.  

Modification

Foreclosure Prevention

Foreclosure is the legal process by which a lender takes control of a property, evicts the homeowner and sells the home after a homeowner is unable to make full principal and interest payments on his or her mortgage, as stipulated in the mortgage contract.

 

Loan modification is a change made to the terms of an existing loan by a lender. It may involve a reduction in the interest rate, an extension of the length of time for repayment, a different type of loan, or any combination of the three.

Forebearance/Deferment

Forbearance With this option, you and your mortgage company agree to temporarily suspend or reduce your monthly mortgage payments for a specific period of time. 

Deferment With deferment, your payments may be due once the designated time period ends or they may be tacked onto the end of your loan.

 

Short Sale

Deed in Lieu

Rent to Own

*No Credit, Bad Credit

*No W2,

*1099 Self-Employed

*Not enough cash for the traditional down-payment of 20%

*3% FHA down-payment, but add PMI until    you reach 20%

​Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.

 

Short Sale 

An NY short sale is the sale of real property where the amount of proceeds from the sale isn't enough to cover the amount of a mortgage or other debt on the property. This leaves the bank or other lender holding outstanding debt from the sale, but prevents a foreclosure action.

"WHEN IT COMES TO THE ROOF OVER YOUR HEAD, WE GOT YOU COVERED!"