American Home Mortgage Servicing Loan Modification

Another happy client and home saved from foreclosure. We have helped many homeowners stop foreclosure with America Home Mortgage Servicing Inc. I have added the details below. It is important to know more than 90% of our workouts that homeowners have tried to do themselves, we have had results that are better than their offer. We show the precise way to set up the plan and know the terminology that gets the work done. Our loan modification company experts get the job done, they are managed by a employee that worked as a loss mitigation negotiator in the retention side of the lender. Below are the details from Option One Loan Modification now known as American Home Mortgage Services Inc.

total monthly income     $ 8,515.00
total monthly expenses  $ 9,053.00
had a defecit of                  $ 538.00

Mortgage Payment -       $ 3,931.00
Property Tax -                    $ 500.00
Homeowner Insurance –       $ 70.00
Total Monthly Payment – $ 4,501.00
Interest Rate – 10.35%

After Loan Modification
New Modified Payment -  $ 3,257.13
Property Tax -                     $ 500.00
Homeowner Insurance -        $ 70.00
Total Monthly Payment -   $ 3,827.00
Interest Rate – 5 %

After Loan Modification
total monthly income    $ 8,515.00
total monthly expenses $ 8,379.13

Borrower saved $ 674.00 per month

Total time to process loan modification July 14 – September 10

Monday, October 20th, 2008, by Foreclosure Help and is filed under "Loan Modification with option One, Loan Modification with American Home Mortgage Servicing ". You can leave a response here, or send a Trackback from your own site.