Qualifying Criteria For Loan Modification Live Transfers

1. 100,000+
2. Nationwide
3. English
4. The Client Must be either Behind on the Payments or Facing a Hardship in relation to keeping up with the payments on his Mortgage
5. Ratio of Monthly Gross Income to Monthly Mortgage Payment should be above or equal to 35%
6. Only Employed, Self Employed or Retired(With Source of Income)
7. The Client Must be informed that it’s a Fee Based Program
8. The Client Must be still living in the house and should have an Intention to save the House
9. If the Client has received a Notice of Foreclosure then the sale date of the property should be at least 15 days ahead of the Live Connect date
10. The Property Must not have been listed for Sale
11. The Subject Mortgage should have not had to Modification in the past 12 Months, and the Client must not be working with anyone else in relation to the Modification
12. The Client should have time to talk to a consultant about their Mortgage
13. The Customer should have not filed for a Bankruptcy or a Foreclosure in the Last 12 Months
14. The LTV should be above 90% or at 90% with the First Mortgage

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