This Client trusted the Arcia Law Firm and was approved for a loan modification with a huge principal reduction of $101,009.53. Her interest rate was reduced to 4% and the mortgage payment went from $2,054.00 to $1,362.31. That’s a reduction of $691.69 per month, including taxes and insurance.
As a result of the efforts of the exceptional staff at the Arcia Law Firm, this Client received an unprecedented principal reduction of $205,529.00, from $311,200.00 to $105,670.00. His monthly payment was also reduced from $2,459.66 to an amazing $757.11 and the interest rate was reduced from 7% to 2%.
Our Firm negotiated an amazing principal reduction for our Client of $601,518.10, tax free, from $1,021,268.10 to $566,210.04. Additionally, his interest rate was reduced from 8.45% to 2%, and his mortgage payment was reduced to $3,241.97, all inclusive, principal, interest, taxes and insurance.