Debt Arbitration Example

Debt Arbitration/Debt Settlement Example¹

Seasoned homeowners (a married couple) apply for a loan to pay off their unsecured debt. They currently have a $167,000.00, 7.5% fixed rate 30 year mortgage.

Borrower Information

1. Combined income of $55,000.00

2. No measurable available cash

3. DTI ratio of 50

4. Debt totals $30,792.40 (including a $7,562.03 judgment)

5. Monthly creditor payments total $850.00

Debt Arbitration/Debt Settlement Results

1. The total savings for this couple is $15,955.19.

2. Instead of the homeowners applying for a $30,792.40 l loan + closing costs, the can apply for a $17,230.49 loan

($14,837.21 in reduced debt + our fee at 15% of savings = $2,393.28) + closing costs.

3. New DTI ratio of 34.

4. The mortgage professional may also be able to increase the closing costs.

5. Our debt arbitration process cost the homeowners nothing out of their pocket, but they are sure to give back

plenty to their mortgage professional in the form of referrals.

Any and All Deals Can Be Worked On. Even If the Accounts Are Current, Delinquent or Just Late!

Helpful Information

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¹This example is for illustrative purposes only.