Successful Loan Modification, Countrywide – Bank of America Las Vegas
We have BIG news about successful loan modifications with Bank of America! While B of A is STILL the slowest bank to work with, Ferguson Financial / 1st Financial Nationwide are continuing to bring success to Homeowners in Las Vegas, Phoenix, and California…and have expanded service to 47 states nationwide. In late August, Ferguson Financial – through its 1st Financial Nationwide organization, completed 4 successful loan modifications for Bank of America Borrowers. Most of these loans were completed under Bank of America’s HAMP Program, which received support from President Obama’s Making Home Affordable Act (MHA) funding. Two of the modified loans received 2% interest rates for 5 years (the lowest rate supported by the MHA funding), and the others receved 3% and 3.5% for five (5) Years. The interest after the 5 year “Bridge Period” will be today’s 30 Year Freddie Mac (FDMC) rate, currently at 5.43%. For more information about our loan audit, loan modificatiion, and “Stop Foreclosure” services, please call us at (866) 968-9685 and/or visit us at www.yourloanmodifications.com
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