How Do You Qualify for a Principal Reduction?

• Are you up side down at least 25%?
• Do you have 45% debt to income ratio?
• Do you have income?

If your answers are yes to questions above, you're qualify for our principal reduction program. Please complete the form to the right or contact us today at 888-392-8640.

We have principal reduction specialists standing by to answer your questions. Our service is for homeowners struggling with their payments and current mortgage. For free consultation, please contact us today.

With today's economic situation and the effect on the housing market most homeowners already qualify for this program by being upside down on their mortgage. There are only a few qualifications any homeowner or investment property owners must meet. You must owe at least 25% more on your home than it is worth. Have documented proof of income. If self employed 12 months of bank statements can be used as proof of income. No more than 45% debt to income ratio (based on the new lower mortgage). No assets required. You do not need to be late or behind on payments and qualification is not based on your credit rating. But rather based on the fact that you are upside down on your mortgage and your ability to pay at the new mortgage amount.

If you qualify for our mortgage principal reduction, please complete the form below to contact us:

Name: Address: City, State Zip:    Email: Phone: Comments: Word Verification:

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Mortgage Principal Reduction Headline News

FHA Unveils Short Refinance Program for Underwater Mortgages - Associated Content
... must agree to the 10% principal reduction. The resultant FHA loan may not have a balance greater than 97.75 percent of the appraised value of the home. The total loan-to-value (including any second mortgages ...
Sun, 29 Aug 2010 19:47:00 GMT
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Mortgage change timing pays off - Times Union
... outreach to those homeowners who are seriously delinquent and to perform modifications with significant principal reduction." The working group compared delinquencies for mortgages modified last year with those ...
Wed, 25 Aug 2010 04:57:00 GMT
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Fed Discussed Reinvesting in Mortgages - Wall Street Journal
The Federal Reserve ’s decision to reinvest the proceeds of mortgage-backed securities into Treasurys earlier ... A few members worried that reinvesting principal from agency debt and MBS in Treasury securities ...
Tue, 31 Aug 2010 18:33:00 GMT
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Recent mortgage modifications seem to help - msnbc.com
... outreach to those homeowners who are seriously delinquent and to perform modifications with significant principal reduction." The working group compared delinquencies for mortgages modified last year with those ...
Tue, 24 Aug 2010 23:06:00 GMT
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More recent mortgage modifications seem to be sticking - Los Angeles Times
... outreach to those homeowners who are seriously delinquent and to perform modifications with significant principal reduction." The working group compared delinquencies for mortgages modified last year with those ...
Tue, 24 Aug 2010 22:37:00 GMT
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