HOW DO YOU MAKE A FORTUNE IN
THE HOME LOAN MODIFICATION MARKET?
According to the National Association of Realtors, there is over $1 Trillion worth of Alt-A and Option ARM loans that will adjust over the next three years. A recent report by 60 Minutes stated that 50%–70% of consumers in these loans would default on them. One out of every ten consumers is currently behind on their mortgage payment today and over 8 million consumers are expected to face foreclosure over the next 36 months. This mortgage crisis is expected to last 3-5 years and the businesses involved in helping these 8 million consumers modify their home loans stand to do a great service to the country and significantly profit from doing so.
There are three types of business that stand to immediately profit from helping these consumers modify their home loans:
BUSINESS TYPE 1 - ATTORNEYS: Attorneys are performing what has been recently termed, “Forensic Audits” on home loans owned by consumers that are suffering from a legitimate hardship. These hardships are defined as having been caused by (but not limited to) an Option ARM Loan that adjusted higher, loss of employment, reduced income or divorce. The attorneys have the loans adjusted so that the homeowner may make their payments, keeping the lender satisfied and the homeowner out of foreclosure.
BUSINESS TYPE 2 – LOAN MODIFICATION PREPARATION AGENTS: Modification Preparation Agents are hired by the attorneys to put together loan modification proposals on behalf of the consumer that is facing the legitimate hardship. These agents are responsible for collecting all of the financial information and hardship circumstances of the loan modification candidate so that they may create and present a loan modification proposal to the Attorneys.
BUSINESS TYPE 3 – MODIFICATION MARKETERS: Modification Marketers are hired to connect the consumer who is in immediate need of their home loan being modified to the Loan Modification Agent. Allegiant Marketing Group has designed a direct mail campaign that generates a 2%-4% response rate. This means that for every 10,000 loan modification candidates mailed to, there are 200–400 people calling the Modification Preparation Agency. In turn, these agencies deliver 40-80 (based on a 20% “Closing Ratio”) loan modification proposals to the attorneys.
Loan modification attorneys and agents are encouraged to call me right now if you want to lock in your territory exclusivity for this copy written, home loan modification direct mail program. In less than 10 minutes, you may secure the marketing program that will deliver you guaranteed results! Due to a high volume of calls on this program, please call back if all lines are busy!