Contact United Mortgage Modifiers of America Association for event and ticket information.
Tuesday, December 15, 2009 from 9:00 AM - 2:00 PM (PT)
Loan Modificaction combo training Portland, OR December 15th, 2009
Thank you for taking the time read about the UMMAA!
We are holding this class size to only 30 people so register now.
This class is designed to help you make money nothing more nothing less.
Are you making the money you deserve to be making? Are you talking to a lot of people and trying to help them but find yourself unable to do so? If you are like most of the people in the real estate industry you are probably able to help between 10%-20% of the people that need solutions to their problems. How would it affect your income if you were in a position to help 90% of the people that needed your help? That is exactly what this class is about. I am going to walk you through the process of taking the 80%-90% of the people you meet with and helping them find a solution to their problem so you can get PAID for the professional services you provide.
This is the first time I have developed a seminar of this magnitude. I developed this class to show you first hand how to triple your income with the clients you already have. How to triple your income with the people that already like, know and trust you. How to triple your income by offering solutions to real problems people have in your neighborhood. I am going to share with you exactly what I do to generate income for my family.
You must be thinking "oh boy here we go again, another BS training seminar". You are half right, it is a training seminar but it is not just another training seminar. You see, in this seminar I am going to give you the tools to triple your income showing you exactly what I do day in and day out. I will show you the process I use to help hundreds of people every week. I am going to show you how to make money by referring people to other professionals and other industries. You should be paid for the work you do. I am willing to bet that you are not being paid for all of the work you do. It is time to change that forever. With this training program you will learn how to make great money taking care of people and taking care of them the right way.
Here is a summary of the Topics and Sub-Topics you will receive
Principle Reduction Program
This program is absolutely incredible. how many times have you had a loan modification that could not be done for whatever reason, we now have an option that is even better than a traditional loan modification. You can send your clients information into the hedge fund company and they will purchase the homeowners note form the bank. Once this is done the hedge fund company will rewrite the homeowner into a new loan at 90% of the current market value. The homeowners credit does not matter, the only thing that matters is that they are able to make the new payment at 90% ltv. This is a program for just about anybody. You need to know about this program so you can help many more families.
The best news is you get paid by the hedge fund company once they purchase the loan. You are paid up to 1 pt on the new loan amount. This is much better than a modification.
Short Refinance
Short Refinance is a great opportunity I have been talking about for over a year. The time has come to get ramped up to handle this huge opportunity. Most of the lenders are willing to take a balance reduction as long as the homeowner can get a new loan and pay the current investor off. Why would a bank be willing to do this? They investors are willing to do this because they get most of their money back and they can reinvest it in another market. They can also take advantage of a major tax break while earning a higher interest rate. Short refi’s create a win-win for all. Not only can you earn money providing this service to your clients you can also earn great money helping loan officers from other companies doing the negotiations for them. This is an opportunity you do not want to miss out on. This market is huge and very ripe. As my mama used to say, “son, you better get it while the getten is good”.
Residential and commercial loan modification portion: • Why a loan modification
• Why it makes sense to do a loan modification
• Why are lenders becoming more practical
• Why the incentives are high for the lenders
• Why refinancing is very difficult
• Why we want to keep families in their homes
• How do foreclosures affect crime, values, taxes, services etc
• Why our clients have such high emotional trauma
• Why a loan modification is our clients last chance at saving their home
• By understanding the above you will be able to get loan modifications done much easier
Commercial Loan Modification
A commercial loan modification is another opportunity that is very under tapped. The income potential for commercial loan modifications is unreal. In commercial loan mod’s you can charge between 6 months savings and 1.5 points for your services. You should be able to make $20,000-$40,000 per deal. The good news is the lenders know they need to bite the bullet and get the modification done or face a bigger problem than they had with the residential collapse.
If you do not want to work with the lenders you can hand the deal off to a professional wholesale commercial processor and still make $10,000 or better per deal.
If you don’t like finding the client’s but do like working with the lenders you can be a wholesale processor and make $10,000 per deal for the processing. Either way you have a golden opportunity to triple your income.
Residential Loan Modifications
Residential loan modifications are still going strong and have the potential to get even better if you know what you are doing. The problem with most people doing loan modifications is they do not truly understand the process. Many of the problems occurring in today’s environment are occurring because of a lack of knowledge. I have trained thousands of people in loan modifications and most of them have done a fabulous job. In fact the UMMAA members have a combined closing of over 500 modifications per month. These are closed modifications in which the homeowner has a reduced payment. The thing you need to understand is each lender has a process they want you to follow to get the modification done. I will teach you the process you need to follow to get the modifications done and done right.
Commercial Rental Negotiation
A commercial rental negotiation is another opportunity that is ready for the pickings. When you drive around and look at the shopping malls and office buildings you will find many of these buildings have empty space. That is good news for you and bad news for the property owner. When commercial buildings have empty space it lowers the value of the property because it reduces the rental income. The other good thing is the value of the space is reduced because of the competition for the space has dropped. When the value of the space has dropped you have an opportunity to work with the renters to reduce their rental rate with the landlord. This program works very well when you live in an area that is experiencing a drop in value.
I Want to Make You a Super Star
Debt Settlement
Debt Settlement is an opportunity that is not going away anytime soon. Most of the homeowners I meet with need debt settlement and jump on the opportunity to reduce their other debt. One thing I want to make sure of is that you do not want to handle the processing of the debt settlement. I believe the best way to handle debt settlement is to have a professional processing company handle the transaction. All you have to do is introduce the client to the processing company and complete a few forms and collect your check. Do you realize how much money you can make for referring a client to debt settlement? Let’s say you have a client that has $50,000 in credit card debt. They go into the program and you get paid $2500.00 for doing 20 minutes of paper work. Now if you got serious and wanted to make more money you can get up 7.5% of gross amount of debt. If they had $50,000 in debt you would make $3750.00. Now this is a golden opportunity to earn more income.
Like I said, I am very excited about this seminar. I am fired up to share with you all of the research I have be doing and how to get the results you want and deserve. This class will show you how to make money now, not next year but NOW.
If you want to triple your income you will register for this event now to reserve your seat. I have reduced the price from $297 to $197 for this event only.
I look forward to seeing you in Portland, OR December 15th for an outstanding day.
Come on out to Sacramento and join me for this one of a kind training event!
About the UMMAA I would like to welcome you to the UMMAA. I am very proud of what we have done over the past 2.5 years. We have created the most comprehensive loan modification training programs in the nation. I have combined my education, loan experience and training experience to give you the best training experience possible. The UMMAA is dedicat ed to helping families maintain their homes. We do this by keeping people up to date with the latest information available, including lender updates and changes. I created the only lender update list available along with the only loan modification forum in the nation. We are dedicated to helping you and your clients have the best opportunity of getting the modification they need. I want to make it very clear, we are an INTEGRITY, MORALS and ETHICS based organization. We do not have any interest in people that are out to take advantage of homeowners and steal their money!!!
All Training Sessions Are Held At The University Of Phoenix and Top Notch Hotels! I have all of our training sessions at the University of Phoenix so we can keep the class size small. Coming from a teaching background, I know the best way to structure a class so that it will benefit you. I want you to get as much personal attention as possible when you come to my workshop. That is why we limit the class size to 30 people. We only accept the first 30 people that register for the training session. That gives you the opportunity to participate in the discussion and get the most out of the class.
We want to help people and companies that want to make great money helping people in their communities save their homes. I only train people that truly want the best for their clients. With that being said please read on for more information about our OUTSTANDING training program for loan modifications.
I can provide you a more comprehensive list of topics covered in the class as well as many more testimonials if you wish.
Please visit our websites at www.ummaamembers.com and www.ummaa.vpweb.com for more information.
I look forward to seeing you at the workshop and please feel free to call with any questions you may have about our training program.
The UMMAA is dedicated to training good quality people in the loan modification industry to get the best results for the homeowner. We are an integrity, morals and ethics based organization. We always have the best interest of the homeowner at heart and training like minded people that want to make a difference in their community.
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