The Official Obama 105% Refinance

How to Get an Affordable Mortgage Today
“How do you know when you qualify for a Obama 105% refinance or a loan modification?“ asks Fred Solomon, author, broker and radio show co-host of the Solomon Free Money Hour.  In order to qualify for Obama’s new 105% refinance plan your loan to value cannot be any higher than 105% LTV (loan to value).  In other words, if the value of your home is $400,000, your loan cannot be any higher than $420,000 (5% higher than the current market value)" adds Solomon.

Solomon Financial is now able to offer the 105% refinance to homeowners.  It is imperative to state that interest rates are at all-time historic record lows, lenders are laying people off, and foreclosures are at all-time record highs.  "What does this mean for you and me?  The best anology I can give you is, 'It is a beautiful summer day at Disneyland and they are having a huge 50% discount on ticket prices, and they just laid off half of their employees.  It’s going to take awhile.  Furthermore, there are a lot of things we need to check in order to see if you can qualify for this program before you get too excited.  You can’t have any lates on your mortgage.  It has to be a Fannie Mae or Freddie Mac loan and a few other things we will have to look up.'" says Solomon.

If you do not happen to qualify for the Obama 105% refi plan, be prepared to be lied to and listen to the lender's scare tactics.  This is a $75 billion bailout geared towards refinancing / loan modification.  The additional questions we will help you with are: How do you know how to figure out a 31% front end ratio?  How do you figure out if the lender is lying to you or not?  How do you negotiate with someone who is lying straight to your ear?  I guarantee that if you call the lender yourself, the lender will lie to you.  People don't want to believe that. 

Channel 11, in conjunction with Solomon, is doing a huge story on clients who got taken advantage of. "We have example after example of clients who were lied to," reports Solomon.   Solomon Financial Team has dissected the Obama Plan to develop a special software program that lets you input your numbers to determine your qualification for a home loan refinance or federal loan modification.  This unique formula combined with an exclusive calculator determines if you qualify.  "It takes us five minutes to figure out if you will qualify or not," adds Solomon.  For  more information, or to see if you are eligible, go to: http://www.freemoneyhour.com/loancost.php  for a free consultation.

“My office took this new Obama plan and we have dissected it for you.  The first thing we look at is to see whether you qualify for a regular refinance or not.  If not, we look at the new Obama refinance plan up to 105% loan to value.  If you are too far upside down, then we look to see if you qualify for a loan modification or not,” adds Solomon.  For a free consultation to see if you are eligible for a refinance, purchase loan, or Federal loan modification by a Solomon Financial loan advisor, call: (800) 811-7709.

Solomon Free Money Hour Radio Show from April 4, 2009 on Angels AM 830

Solomon Free Money Hour Show with Kenny Golde, author of The Do It Yourself Bailout and Mike Poole, bankruptcy attorney. Learn correct options for settling credit card debt and more. Learn what to do and what not to do when facing foreclosure, mortgage lates and more.

Bankruptcy Attorney Mike Poole and Kenny Golde, guests on our show

Mike Poole, radio guest, bankruptcy attorney, helping homeowners with loan modifications and more.  For more information, e-mail info@sfmdirect.com 

¨ Learn your options and how to get help

¨ Learn how to potentially reduce your principal balance based on the new Obama Plan. Learn options to Foreclosure.  When faced with such a serious financial problem that you have to file for bankruptcy, perhaps the smartest and safest thing to do would be to let a professional guide you through the rough waters. Ask questions until you get clear, concise answers. We are here to help you. Tune in or call us today.   

Kenny Golde, has written:

The Do It Yourself Bailout, available on http://www.settleyourcreditcards.com/

Bankruptcy Attorney Mike Poole and Kenny Golde, guests on our show

Mike Poole, radio guest, bankruptcy attorney, helping homeowners with loan modifications and more.  For more information, e-mail info@sfmdirect.com 

¨ Learn your options and how to get help

¨ Learn how to potentially reduce your principal balance based on the new Obama Plan. Learn options to Foreclosure.  When faced with such a serious financial problem that you have to file for bankruptcy, perhaps the smartest and safest thing to do would be to let a professional guide you through the rough waters. Ask questions until you get clear, concise answers. We are here to help you. Tune in or call us today.   

Kenny Golde, has written:

The Do It Yourself Bailout, available on http://www.settleyourcreditcards.com/

Like a Best Friend

Hi Fred, Thanks a million for taking the time to speak with me this morning. I felt really great about our conversation…until I called my wife to tell her that I spoke with you and how great I felt after our conversation. I totally understand what is going on and I am able to separate the emotion of being behind on our mortgage. Fred, I have been talking about since we refinanced our loan 3 years ago. I have never, in all my years in business, met someone like you, who is so honest in dealing with clients and at the same time so knowledgeable. It’s almost like talking to your brother or your best friend. I have total trust and confidence in you. Larry S.

Fred Solomon’s Exclusive Investment & Strategies Workshop: Loan Modifications, Foreclosures, Short Sales

Workshop by Fred Solomon
Where: Double Tree Hotel / Irvine Spectrum
90 Pacifica, Irvine, CA
When: Saturday, April 25, 2009
9:30 am to 12:30 pm PST (includes your Q & A)
Cost of $29.95. Guaranteed to help you.

This is a valuable workshop! Limited seating – if you have a colleague – they must register today for this valuable workshop: http://www.freemoneyhour.com/webinar6.php

Register today — Mention offer FRED’S BOOK and get a copy of the e-book, Put Your Money Where Your House Is at the door.

Want to learn how to make money in today’s foreclosure market? What is all the hype? Want to have the millionaire’s mindset of profiting big? Come and learn with Fred Solomon, author of PUT YOUR MONEY WHERE YOUR HOUSE IS, I Short Sale, Inc., & Kay Porath
This workshop is for Investors, Real Estate and Mortgage Professionals, Homeowners, Business Professionals, and people who want to help and also create a loan modification business helping those people who are having difficulty making their monthly mortgage payments. Loan Modification is probably the fastest growing business in the US right now.

Workshop Topics include:

1. Foreclosures: How to Get Your Offers Accepted. When to Know You are Getting a Good Deal. How to Help Someone You Know with Solutions Who Do Not Have a Way Out.
2. Short Sales: How to Get Your Short Sales Accepted. What You Need to Know. 9 out of 10 agents do not know this information!
3. Why a Bank Would Want to Modify You (or your client’s) Loan
4. Questions to ask your Real Estate agent when purchasing short sales, foreclosures or auction properties
5. How to Choose Correct Loan Program (and not a get-your-home-into- foreclosure-loan)
6. Auction Properties � what to be aware of
7. What You Need to Know in Today’s Market
8. Buy & Hold Strategies in the Top 10 Appreciating Real Estate Markets
9. Your Credit Report: What Things Will / Will Not Affect Your Credit Scores
10. Tax implications – sometimes it is better to file bankruptcy and let your property go into foreclosure than do a short sale – did you know that? Get proper legal & accounting advice!!

“If you buy real estate at the right price; it doesn’t matter when you buy. The fundamental rule of any investment, including real estate, is to buy low and sell high. We are just on the front end of all these foreclosures happening.” Fred Solomon

If you want to come to our workshop so that you can help others and make money (all at the same time), you are coming to the right workshop.
If you want to attend this workshop because you want to take advantage of this FORECLOSURE and SHORT SALE MARKET and have the millionaire’s mindset of helping others and taking advantage of money making opportunities in today’s market, then you will not be disappointed.

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Please click here to sign up for this workshop.

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