Our Services

Loan Document Audit & Review
This is a review of your loan documentation that occurred at the time of your loan being originated. We offer this service because it may uncover errors in the lending documents. Such errors are in violation of Federal RESPA laws. We will discuss these errors with the lender during the renegotiation of your loan as it gives us leverage to re-negotiate. If we believe that you have the right to file a suit against the lender, we will discuss that with you at no additional charge. If you decide to proceed with a law suit, we would make arrangements for that representation through our Attorney, (or you may seek your own Attorney) and this would be the subject of a separate new retainer agreement with you and the Attorney. We do not recommend filing suite against lenders or banks as it can be a long process.

Debt Re-Negotiation Services
This is NOT debt settlement like other firms who charge high up front fees and a large percentage of the settlement amount. BEWARE of these firms. We will re-negotiate your credit card debt for two specific purposes.
1. Reduce your overall monthly expenses and typically save you at least 50% on what is owed.
2. Help those who cannot qualify for a loan re-negotiation due to their high credit card debt. So by re-structuring your outgoing payments first, we can then get your ratios in place to successfully qualify to re-negotiate with your bank.

Loan Re-Negotiation
There are many ways to re-structure your mortgage depending on your personal situation. We recommend you click on the Loan Modification link to the left and watch the video tutorials. We deliver objective honest insight to a process that few homeowners really understand. And we never charge up front fees.

Forbearance Plan
An agreement made between a lender and delinquent borrower in which the lender agrees not to exercise its legal right to foreclose on a mortgage, and the borrower agrees to a mortgage plan that will, over a certain time period, bring the loan current. The lender may agree to delay the monthly mortgage payments for a short period of time (usually less than 6 months). The lender may not forgive the debt, but allow payment at a later date. Forbearance is not long-term solution for delinquent borrowers; it is designed for those who have temporary financial problems caused by unforeseen issues such as temporary unemployment. Contact us to learn more about this option.

Short Sale
A short sale is when you sell your home for less than the balanced owed on the loan. A lender agrees to discount the loan balance due to economic or other hardships. Once an offer is made on your home, the lender has the right to approve or decline the proposed sale. If you have a 2nd mortgage, it could complicate the sale. The 2nd mortgage holder usually also has to sign off on the sale and agree to a total loss, or a small portion. Contact us to learn more about this option or view our video tutorials about the many risks few people are aware of.

Deed In Lieu
The deed in lieu allows you to transfer your property voluntarily to your lender and your debt or deficiency is often forgiven. A deed-in-lieu offers several advantages to both you and the lender. It may release you from most or all of the personal indebtedness associated with the defaulted loan. We can inform you of the difference between a 1099A or a 1099C and the implications of both.

Bankruptcy
Bankruptcy laws help people who can no longer pay their creditors get a fresh start by discharging debt, or by creating a repayment plan. At the advice of an attorney, bankruptcy may be the only alternative. Bankruptcy has been a life saver for some, taking financial stress away and providing a fresh new start. For others bankruptcy is mentally not an option. They experience a roller coaster of emotions including sadness, fear of the unknown, guilt, etc. EC360 has in house counsel that can advise you on BK options.

Tax Liens
Any kind of lien on your property will impede the modification process. A tax lien should be addressed prior to the modification process. EC 360 has in house counsel that can advise you on tax lien options.

Fiscal Responsibility
Everything we do has one common goal. To help you understand the process of the transaction you're about to engage in. We educate you in a way that enables you to save money now as well as for years to come.

May we all understand that debt makes us all slaves and freedom can only come with knowledge and a concerted effort to find value in more meaningful things.