Why Loan Modifications Are Great For Investors

Posted on November 9, 2011. Filed under: Lenders & Loan info, Orange County Real Estate | Tags: , |

You all know that Orange County homeowners can reap substantial rewards from loan modifications.  But were you aware that loan mods are a great avenue for investors as well? Believe it or not, most investors can qualify for this excellent financial option. Here’s a quick overview by Mike Hatcher, seasoned modification advisor with the Ascent Network

Here at the Ascent Network, a faith-based, non-profit organization, we offer a number of outstanding options for investors. Thanks to our experienced and knowledgeable team, we’ve helped thousands of clients since 2007.  And one of the major ways is by securing loan modifications for investors. Why should you pursue a loan mod if you’re an investor? Here are the five top reasons:

1.   Income qualification is based on Profit and Loss (P&L), which we help put together for you, not your tax return. A P&L is a great asset. That’s because, depending on your debt to income thresholds, deductions may or may not be applied to ensure the best fit for a client.

2.   Our average, the investor modification rate is 4.25-4.5%

3.   This is a fixed rate.

4.   The term typically is 30 years, with some going as long as 40 years. For the record, 30% of lenders consider a 40-year term.

5.   We negotiate successful outcomes with 80% of our clients.

Would you like to learn how modification can help you leverage the value of your investment property to put more cash in your pocket on a monthly basis? Call Mike at 877.871.2400 x15, and boost the cash flow from your investment property.

And, of course, if you’d like to learn more about the variety of opportunities the Orange County real estate market offers, I’ll be delighted to help. Just call, tweet, or email me at 949.338.7408,   @AngieWeeks, @WeeksTeam, or  angie@askangie.com.  I’m ready to assist you in any way I can.

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    Orange County, CA Real Estate for hip first-time buyers and investors. Plus, fun things to know and do in OC.

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