A recent study found that defaults on residential jumbo loans and commercial properties are up 400 percent since 2008. The reason for this is because property owners have lost significant equity and many of them are willing to walk-away from a loan resulting in a foreclosure or possibly a short sale because banks consider these underwater loans as high risk.
We’ve discovered a way to acquire these loans at approximately 65 percent of today’s current market value. Once we acquire the loan and become the new note holder we restructure the debt with the borrower back into a positive equity position. The best part is that we do this with no negative impact on the borrowers’ credit, so rather than foreclosing, a short sale or staying in a negative equity position, the owner is able to keep the property and lower their debt often by several hundreds of thousands of dollars and in many cases without any negative impact on the property owners’ credit.
If you are a homeowner with a jumbo loan or a commercial property owner and you are currently underwater upside-down on your loan, meaning you owe more than your property is worth today then you may be able to keep your property, drastically reduce your debt, and have positive equity again all without damaging your credit. This is not a short sale or loan modification. We purchase your upside-down loan at a huge discount and pass the savings on to you. To find out more and to see if you qualify for this unique program, please contact us email@example.com or fill out our property info form.