As you can see I'm a real life person and loan officer and not just some anonymous site with fake looking governtment logo's plastered all over the place to sell information to some 3rd party company.

I've specialized for a number of years in helping people with poor credit / bankruptcy.

loan-mitigation-services.com is an outgrowth for services beyond what conventional and Government backed loan products can provide for homeowners facing foreclosure.

My journey through the world of real estate and finance many years ago will give you and idea how I wound up here... .

The Road to Wealth

I was a product of the real estate infomercials back in the 1980's. You know the (no money down) real-estate riches courses that were always on TV back then.

I was in the Air Force back in the 80's stationed in California when the real estate guru's were at their height.

After soaking up information from a ton of books and numerous hotel presentations during that time. I wound up parting with a $300 bucks for a course. I was on my way to real estate riches...

Or so I thought.

The High Price of a Real Estate Education

I did eventually buy my first investment property once I left the Air Force and went back home.

No, it wasn't no money Down.

I did use a technique that I had learned in the course to get a break on the price however. The thing that really kills most newby real estate investors is what eventually did me in.

NEGATIVE CASH FLOW

You need sufficient cash reserves to cover those empty apartments.

Most every course back then talked about finding a wealthy friend that needs a Tax Write Off.

Yeah Right!

Sorry to say my friends back then weren't doctors or lawyers looking to part with their money for a tax write off.

For me for it was negative cash flow and problem tenants. For the hundreds of homeowners that I speak with that find themselves struggling it's...

• Permanent or Temporary Job Loss
• Getting Injured or Affected by Other Medical Issues
• Waiting on Workers Compensation
• Waiting on Short or Long Term Disability to Kick In
• Divorce
• Significant Other Walking Out

When This Happens Bills Pile Up Fast

I remember it like it yesterday the daily pressure, especially when the mail came. It was literally overflowing with foreclosure notices from the bank, along with letters from vulture property buyers who were looking to pick up a property dirt cheap!, my property!, that I worked so hard and so long to purchase.

Emotional Wreck

More letters... came each and everyday. Increasing the stress and anxiety. I remember like it was yesterday, especially the really bad days where I would just snap at family and friends over little things.

I was STRESSED praying for an answer

Add to this, all of the bankruptcy lawyers looking for new clients. It seemed like a never ending flow of letters and phone calls from collection departments.

I remember the fear and frustration waking up each day thinking what next... Everyday desperately searching everywhere for someone or something that I could use to help me get out of the Hole That I Was In!

I was so desperate at times to catch up on bills and the Mortgage that I always took the first person with a pulse and (money), to rent any empty apartment out to ...

BIG MISTAKE!

Tenants fleeing in the middle of the night because they owe you 3-4 months rent putting you further in the hole will cause you to make desperate decisions.

If you have been through hard times then you know many times it's not only the mortgage that doesn't get paid.

You can also easily fall behind on electricity bills, heating bills etc...

Hard winters can be like "nails in your financial coffin" when those bills come in. And if you have other expenses like a car note home repairs etc.. well you get the picture...

I did what many people do in this situation that keep up the fight to hold onto their dreams...

I filed Chapter 13 bankruptcy, not knowing back then- what I've come to learn and develop expertise in over the last 9 years.

Long since that time I eventually wound up working in the Mortgage Banking industry for several different lenders through the years.

As a loan officer I've specialized over these last 9 years in

• Bankruptcy Buyouts
• Poor Credit Purchase and Refinancing
• Foreclosure Prevention/Refinancing
• FHA
• Fannie Mae Programs
• Freddie Mac Programs
• Conventional Loans

When it became difficult to stop foreclosure through refinancing for many of my clients due to lack of equity or they just couldn't qualify for some reason or another. Or the potential loan would hurt more than help...

I Had to Find Other Methods of Stopping Foreclosure Without Refinancing.

I sought out and eventually came to work with Top Industry insiders that used Effective Loan Re-negotiation Methods that worked because my clients properties were on the line!

Loss Mitigation/Loan Default Resolution

Unfortunately as I've said elsewhere on this site whenever there is tragedy and a desperate need for help, there is no shortage of opportunity seekers and out right crooks that ruin everything in their path.

Hopefully this site will serve it's purpose to provide you with Real World information as a hedge against the the Mis-information and Fairy Tales so prevalent these days on and off line.