Distressed Loan Management Consultation

What happens if we have multiple distressed loans, but we are not ready to pursue foreclosure? 

We pride ourselves on curing loans and getting them paid off in opposition to foreclosure while providing ALL options and pathways to have your borrowers avoid foreclosure. We’ll walk you through, step by step, all options and pathways to make sure you get the result you want. Some of these options include:

  1. Deed in Lieu/Deed in a Box
  2.  Short Sale
  3. Wholesale
  4. Off Market Sale
  5. Sell non-performing not
  6. Cash for Keys
  7. Eviction
  8. Recoup specific percentage of Unpaid Principal Balance
  9. Loss Mitigation
    • Forbearance
    • Repayment Plans
    • Loan Modification
    • Short-Sale
    • Deed in Lieu/Deed in a Box (pocket deed)

With Our Solution, Engaging Borrowers in Efficient and Meaningful Dialogue Becomes Effortless Across Their Preferred Means of Communication:

Private lenders can tailor their borrower outreach strategies, leveraging one, two, or all three channels. Utilizing these methods means you can resolve any payment issues and make commitments to repay while building personal relations with the same customer service representative. Avoiding unwanted calls, texts or emails from multiple different people.

We tackle your distressed loans with a "Talk First, Resolve Last" approach.

  1. Assessment: In the first 29 days of a missed payment, we’ll attempt to contact the borrower using text, phone, and email to retrieve all information on why the payment was missed. We then relay this information to the lender.
  2. Resolution: We collaborate with the lender to understand the desired outcomes and to compose the best plan of attack that benefits ALL parties.
  3. Agreement & Action: We relay this plan with the lender ensuring that we come to an agreement before executing it.