Foreclosure: Can't make your payments? We have a mortgage solution.

Listening to a potential client's story regarding the pain and struggle that they have been experiencing has been one of THE most difficult yet VALUABLE tasks in my career. People need me to listen ... carefully. Every circumstance is different. Often facing cries of literal desperation then solving their problems with a "windfall" solution has without a doubt been the most rewarding experience of my career in financial services.

Clients have many reasons for their payment history to deteriorate. Many times folks just can't put food on the table and pay their mortgage. Frequently, I have witnessed the property entering or already in

foreclosure

status. At this point in their financial "roller coaster," clients really need someone by their side - not just for a month or two - but for a couple years. Since my career began in 1987, I have seen divorces, family health issues, mental illness, auto accidents, work accidents, small business failures, earthquakes, firestorms, floods, hurricanes and entire industries (defense contracting & high-tech) simply implode. All of these circumstances are typically beyond our control, yet have a dramatic impact on personal finances. Ultimately in the worst of all situations, good people simply

can't make their mortgage payments

.

Fortunately, in many cases, home equity can provide a means for stress relief. Although equity in the home is only one ingredient in the recipe for a successful

mortgage solution

, it is often the most important. Income, credit and equity are the criteria by which an underwriter will judge the merits of a new loan, and I can usually make a loan when two of the three ingredients are present. I have helped dig clients out of financial doldrums without documenting income when only 10% equity remained when we were finished. I have made loans out of my personal checking account to save their home when no one else would help them. If it can be done, I have figured out a way to help when clients have come to me under less than perfect conditions.