Foreclosure Prevention Institute, LLC

Thanks Dave & Janet for calling my lender to set up a work-out solution.  I was 3 months behind in my mortgage payments and had just received a foreclosure notice saying that my mortgage company was going to accelerate my payments.  I was at my wits end and just didn't know what to do.   All it took was one phone call by Dave to the collection's department.  Dave was able to get the collection's agent to give me another month and a half to become current due to our recent hardship.   My husband lost his job, so it's been a struggle to keep up with the bills especially with the high cost of gasoline.   Today,  I received the agreement in the mail.  The lender still says they have the right to foreclose, but if I can meet their payment plan I should be o.k..  I am hopeful and fairly confident that between now and August, my husband will find some work to help ease our financial burden and debts.   Jennifer  July, 2008 

"I was at my wits end and mad at the whole world."

 We initially tried to refinance our home 8 months ago with two lenders including Concept Financial, but kept getting turned down.  Our problem is that we are on  a fixed income and were facing ARM resets starting in January of 2008.     Looking back, we should never have refinanced with an ARM in the first place, but we did two years ago due to my being placed on disability.  Now we just didn't know where to turn.   We considered bankruptcy, but Janet said don't do that.   We have always been on time with our mortgage and really didn't have many other debts except for the house.   Janet suggested a loan modification.  We about gave up, because our lender was so slow in responding to our loan modification package.   We waited two months and the lender finally sent us an agreement to put us on a forbearance plan with no promise of a loan modification and with no relief from the ARM adjustments.   None of us could accept this, because we were not in foreclosure.  So Janet and Ron continued to negotiate and through sheer persistence finally convinced our lender to provide us with a loan modification with a fixed rate that dropped the interest rate by 2 1/2 points.   At times, I was very impatient with the whole process and practically gave-up, but Janet and Ron ignored my many complaints and I am so glad they did.  Considering the time and effort they put in, they worked for "peanuts."  My retired husband and I saved thousands of dollars and fees by optaining this loan modification and more importantly saved our home.  We have lived in our home for 20 years and plan on many more thanks to Foredosure Prevention Institute.  Lori  February, 2008

Thanks so much Dave.   I cried alot, but  I think we are now finally on the right track.  We make enough money to make the mortgage payment, but some how each Friday the money just seemed to disappear and so we got way behind and were facing foreclosure.   Kids needed clothes, dogs needed to go to the vet, special treats for the week-end family gatherings, etc.   Dave helped us to set-up our prioriities and fill-out our budget to show where the money was going.  My husband is trying to get some overtime to help us catch-up and I am now only going to the store once a week and with a specific list of items to buy so that we can save our home.   Shirley  June 2008