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Process Credit Cards
Testimonials

Loan Modi Plus

COMPLIANCE: The State of Florida requires 1003, GFE, TIL as of January 1, 2010... We are ready!

Loan Modi Plus - Features




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Pipeline

User friendly pipeline allows indentify prospects, clients and the different type of milestones to know exactly what is the status of each file.




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Customer Relation Management

Powerful CRM maintains all the contact information for your prospects and clients, phone numbers, emails, best time to call, follow up dates, etc.




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Property & Loan Info

Property information with all detailed information of the status of the property... foreclosure, bk?

Loan Information, indicate the lender names, account numbers, amount behind, rate, etc.





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Zillow Interface

To have a quick idea of the current value of the property at no charge.




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Freddie & Fannie Mae Interface

If the property is Freddie Mac or Fannie Mae approved they may qualify for other type of loan modification programs, or can be escalate for a supervisor review... and have priority in the imminent default department...




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Accounts

System pull credit report, this is requested for most lender to have a clear idea of liabilities what it help to build a strong file (score don't matter). But you may find client making payments $2,000 in credit cards and asking for a loan mod when the mortgage is only $800... and of course this will not be acceptable for the lender...




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Financial Analysis & Pre-Qualification

All the income and expenses centralized in one screen, the system have a meter that shows the probabilities of having this file successfully approved for a modification... EASY PRE-QUALIFICATION!




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Self Employment (P&L)

No need to call an accountant... just request the latest 6 months of their business bank account and use our online form.




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Guidelines

HAMP...OBAMA Guidelines are very simple if you pay more than 31% from your gross income, and is a primary residence, you have a good chance to get your file approved. Our systems handles HAMP and Traditional Loan Modifications...




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REO

Many loan mod companies use audits on the loan documentation, finding errors to leverage on this to obtain a modification.

We focus on what the lender do... the bottom line... how much money we will lose if we don't give the client a modification... is what the lenders care..

We help them to obtain a quick answer, our system includes an REO Report, a deep valuation report  specialized in REO properties. A property current value AVM could be $319,000, but if the property goes as REO the current value is $190,000... and the report also give us an estimate of how long the property will take to sale in May 2010 (see report pulled on May 2009) and the REO forecast value for May 2010 is $117,000. The REO Report is the MOST valuable tool to force a lender collaborate in providing a loan modification! 

New Updated HAMP Guidelines Jan 2010 see page 7 under CREDIT REPORT and PROPERTY VALUATION.



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Hardship

in compliance with regulations the form 1021 or Affidavit is included, a brief explanation of the hardship can be added, as well we include the Government Monitory section as recently was added as requirement for compliance.




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Fees & Commissions

Keep track of the fees that will be charged, and the money you received from the client. System also records the commissions you paid to your agents.




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Document Management

The way you send docs to the lenders may affect in how fast your file will be reviewed. This modules help you have the right organization, and keep all the documents in one place, your agents upload the docs the supervisor to review and send to the lenders...




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Submission One-Click

Once you collect all the documents, you will end up with 30-50 pages of documents that need to be send to the lender, Loan Modi Plus makes this task as easy as submitting all the selected docs with one click (you will need to open account to send eFaxes, with www.greenfax.com).




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Logs

All the notes of every conversation with lenders, agents, client are recorded in one file and organized by sections and with time stamp, this logs include every time that you faxed (or emailed) documents to the lenders...




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Proposal

Once the lender reach a final decision is time to present the proposal and invoice for services to the client..




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Invoicing

The proposal generates a MS Word document that you can modify on the fly and print.



FILE PROCESSING!!! we offer processing services in a per file basis, as experts in the industry we have the knowledge that assures better results... while you focus on the sale of the services, inquire for more information and pricing.

Request TODAY a live demonstration of our system!