Client lost home in foreclosure. We were able to provide a new mortgage with the proceeds from the foreclosure. Client did not want to lose hope in home ownership and was willing to downsize to minimize monthly obligations and ensure he did not end up in foreclosure again. We were able to obtain a competitive low rate with a portion of the payments to paydown the principal. Client was very happy to start over with only one affordable monthly payment.
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Renewal for a Foreclosure Rescue
Existing Client was up for renewal for a foreclosure rescue. Clients made their payments on time and reestablished their payment history. Freedom Capital took advantage of the low rates and save her $ 900.00 per month!
1 Year No Payments!
Another Foreclosure Rescue! Client was in foreclosure on his high-end home with the 2nd mortgage holder. Freedom Capital was able to refinance only the 2nd mortgage to save on costs and provide additional funds to cover payments for a year.
High LTV on Rescue
80% loan-to-value for foreclosure rescue on a high end condo. Due to our exclusive relationship with our lenders. Freedom Capital was able to negotiate an 80% loan to value to help the clients buy time and list their property.
Debt consolidation loan at 80% loan-to-value! Freedom Capital was able to provide a new 2nd mortgage to payoff consumer proposal debt, a high-rate current 2nd mortgage and car loan. With the new lower interest rate and by combining all debts, the new monthly payment was lower and more manageable to help the clients rebuild their credit and save money.