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Hi Everyone,

SCFS is proud to announce its affiliation with Mortgage Release Services, a company designed to assist homeowners who are experiencing difficulty paying their mortgage. We want people to know that no matter how dark your days may be now, there is hope. Forclosure  may  be avoided with prompt action.  The team of experienced negotiators at Mortgage Release Services will provide homeowners the following options:

1. Forbearance. This option is a repayment agreement designed to cure your default over a period of time.

2. Modification . This option can either add the delinquent amount to your loan balance or temporarily reduce the interest rate as well as the principal amount to assist in curing  the default.

3. Short Refinance or Short Sale. This option is for homeowners who can demonstrate financial hardship and for properties which have little or no equity. Mortgage Release Services will attempt to negotiate with the lender to forgive a portion of the debt owned and accept a percentage of current market value as payment in full in order to expedite the sale of refinance of the property. SCFS would handle the refinance or would assist in selling the property by bringing investors to the table or enlisting the services of real estate partners to market and sell the property.

4. Deed In Lieu. This is a last resort option. In the event that modification or repayment terms are not acceptable, and negotiations for a short refinance or sale fall short of expectations, the homeowner could  voluntarily return the property to the lender, provided the lender is willing to accept a deed in lieu of foreclosure.

Please let us know if anyone you know is  in need of these services. We are here to help during these trying and tumultuous times.

Warm regards,

Sharon Cohen