Repayment Plans & Forbearance Agreements are the favored lender workout plans for troubled homeowners. More than 98% of the time they are the ONLY workout plans offered. You're playing with fire if you don't know what you're getting into; review these statistics.
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Average down payment to enter these plans: 33% of the total arrearage
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The average monthly payment inside these plans: 51% higher than regular monthly payment
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The average length of these plans: 13 months
8 out of 10 homeowners who enter these plans lose their money, lose their home, and ruin their credit.
What are YOUR best options? Call or email me to get your free program. I'll help you understand ALL of your options. Yes, even the ones your lender doesn't want you to know. |
