Mortgage Analysis
Our experts will analyze your current mortgage and make recommendations on applicable programs you may be entitled to. Additionally, an escrow analysis on your current mortgage is also included.
We will determine if you are entitled to any of the government-sponsored “Help for Homeowners” Programs.
If you currently hold more than one mortgage, we will help you consolidate into one lower mortgage payment.
Are You Suffering During Economic Hard Times?
In today’s economic climate, it seems everyone is experiencing hard times. Credit card companies are tightening their regulations and so are mortgage companies. People are unable to fix an adjustable interest rate in order to get a more affordable mortgage payment. People are losing their jobs and are also at risk of losing their homes.
Our financial team will help you find the answers you need to help you.
Find out what your options are. Even if you are not behind on your mortgage payments, there are many programs available. If you are behind on your payments, and are facing foreclosure, do not wait any longer to do something about it. The time to get help is now.
A Loan Modification, which is an adjustment of an existing mortgage a homeowner has, may be a possible solution. It can be with a government loan or a bank loan.
Mortgage Reduction
While there are different ways to accomplish this, typically, a Mortgage Reduction Plan refers to a bi-weekly mortgage payment. What ends up occurring is that each year you make one additional payment which shaves years off your mortgage. This means you can pay off your mortgage early without refinancing.
There are many innovative mortgage loan reduction plans available in the market, leaving you to choose one that suits your needs. With so many mortgage plans available to you, it's hard for the average individual to choose. PEPP will make sure you are placed in a program that's right for you.
You'll have to take some necessary steps and prepare documentation in order to implement a mortgage reduction plan. The good news is that with PEPP as your guide, you'll know everything is getting done right.
Mortgage Acceleration
The official definition of a mortgage acceleration is: the act or phenomenon of applying a system or strategy that reduces or eliminates the principle balance of a mortgage loan more quickly than allowed by the loan’s natural maturity schedule. In layman's terms, it simply means to pay off your loan sooner than usual.
While the end result is the same as with a mortgage reduction program (paying off your mortgage early and building equity quicker), a mortgage acceleration plan differs from a typical mortgage reduction plan. When followed correctly, a mortgage acceleration can help you achieve this same goal, only faster. This equates to even more money back in your pocket, and higher equity built even quicker.
By showing you alternative ways to make your money work for you, your PEPP consultant can help put you on track to true (mortgage-free) home ownership.
Contact PEPP for more information.
