Who we are: American Financial Funding, Inc. Mortgage Modification Specialists 

We are a group of legal and mortgage professionals dedicated to assisting the homeowner with mortgage delinquencies and potential foreclosures. 

WE HELP HOMEOWNERS WHOSE MORTGAGE PAYMENTS HAVE BECOME UN-MANAGEABLE! 

WE UNDERSTAND THE HOMEOWNER NEEDS HELP! 

These are troubled times for many homeowners with few apparent options available. Lenders don't seem to care that homeowners need their assistance and shockingly would rather take the homes back rather than helping owners keep them. Lenders are not moving fast enough for homeowners to avoid losing their homes or ruining their credit! In most cases, when a homeowner contacts their lender directly, the homeowner has no idea what options are available to them and are frustrated in their attempts reach a person who can help. We will evaluate your individual case and present you with realistic options that will help you to stay in your home. 

FINALLY, THERE IS HELP! 

Once we have completed our Research and Analysis we will work to modify or re-structure your loan: 

• NO APPRAISALS / NO EQUITY REQUIRED 
• NO CREDIT CHECK / NO FICO SCORE REQUIREMENTS 
• NO REFINANCING/ ONE TIME, FLAT FEE FOR SERVICES

REALITY CHECK: 

It has become impossible to refinance and just as disappointing to try and sell when many people have very little or no equity. With the mortgage crisis getting worse every day many families are facing incredibly high mortgage payments. With lending guidelines tightening up and property values dropping, traditional options are drying up. 

Chances are you know someone in this situation: 

"I have tried to refinance and I can't because of my credit scores" or "I don't have enough equity' or 'I can't qualify because of my income", etc… -OR- 
"My loan is about to adjust and I have no idea how to make the higher mortgage payment…" -OR- 
"Two months ago I missed my mortgage payment. Now my lender wants all of the arrearages up front or they are going to start the foreclosure process." 

THE TRUTH IS THAT YOU HAVE OPTIONS!

* Our goal is to improve the homeowner's situation 
* Give homeowners a fresh start * Our success rate is Outstanding 
* We are not an Investor, real estate or a mortgage broker. 
Few people outside of the banking world have the specialized knowledge or technical expertise to work with your current lender(s) to renegotiate or 'Re-Structure' your loans. We are experienced professionals and we provide our clients and their lenders with unique plans that both parties can accept. 

The truth is that the lenders don't want another home to add to their growing inventory. It is our job to show the lender(s) that it is better for them to keep the homeowner in the property than to take it back. 

CAUTION: There are hundreds of unscrupulous companies out there that will encourage the homeowner to sell their property through a short sale. In most cases, this is not in the best interest of the homeowner. The homeowner will have the negative consequences of a foreclosure or short sale following them for years to come.

OUR GOAL IS TO HELP YOU KEEP YOUR HOME 

We are specialists in working with your lender, or lenders, to restructure your current loan(s) by providing you with a unique, professional plan that you and your lender can accept. 

We fully understand that you have a serious problem and only a short time to overcome the real possibility of losing your property. 

We are a group of experienced financial professionals who understand that federal rules and lender foreclosure policies often conflict. Few people outside the banking world have the knowledge to work with your current lender to restructure your loan. 

We believe that bankruptcy is the absolute LAST resort. 

Typical results of our restructuring plans: 

LOAN MODIFICATION - 99% of all 'A' type lenders and 70% of sub-prime lenders will negotiate a loan modification where most of the delinquent payments and foreclosure fees are added on to the back end of the loan. Payments can remain approximately the same. 
In some cases the interest rate will be reduced permanently. 

FORBEARANCE PROGRAMS - Typically 30% of sub-prime lenders will only be offered a workout program that requires borrower to immediately pay at least 20% or more of the total delinquencies including foreclosure fees, plus the balance of the delinquency will be added to their regular monthly payments over a period of six to forty-eight months. Forbearance plans do not remove a foreclosure action but simply stop it in place until the loan is current. 

Homeowners that try to work directly with their lender have a failure rate of over 80%. 

Most attorneys don't have a clue on how to deal with lenders.

GREAT NEWS - FHA AND VA LOANS CAN BE MODIFIED. 

FREQUENTLY ASKED QUESTIONS 

CAN I DO THIS MYSELF? 

Very small chance. Everything you say will be used against you. Only a qualified attorney will know what to say and what not to say. Only a qualified attorney knows the laws, your rights, and how to deal with the lender. 

HOW LONG DOES THE PROCESS TAKE? 

There is no exact answer, usually a couple of weeks. Government loans can take longer to work out. Fortunately, most lenders will take only a few weeks to approve a loan modification program once they have received a complete package. Many lenders will postpone the sale of your property if they have received a complete package if you are at least two to three weeks before the sale date. 

What American Financial Funding, Inc. will do for you? 

We will evaluate and analyze your case and complete all necessary research. Upon completion of the research and analysis phase, we will offer you our opinion as to what we feel would be an appropriate outcome and / or resolution to your individual case. Although there is no guarantee of results, we are very experienced and will offer you the best chance to resolve your mortgage dilemma.