Success Story: Mr. F. of Escondido
Congratulations to Mr. F. of Escondido. His work, as a structural engineer, decreased because of the economy. Through our work with his lender, Chase, we were able to decrease his monthly payments by $1,377.00 per month, a 31% per month savings. The terms of his loan modification include an interest rate at 2% for the first five years, and 3.5% for the duration of the loan. Also, we were able to avoid foreclosure for him, although he was eight months delinquent with regard to his house payments.