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Today Home Today Home SolutionsSolutions

of Americaof AmericaPRINCIPAL REDUCTION

PROGRAM

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Who we are, and what we Who we are, and what we dodo

Today Home Solutions of AmericaToday Home Solutions of America We purchase notes at a discount, We purchase notes at a discount,

based on market value, which are based on market value, which are then liquidated through refinancing then liquidated through refinancing for a profit. for a profit.

We offer a no credit score refinance We offer a no credit score refinance with principal reductionwith principal reduction

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This is not a loan This is not a loan modificationmodification

THIS IS NOT:THIS IS NOT:

A SHORT SALEA SHORT SALE

A LOAN A LOAN MODIFICATIONMODIFICATION

A FORBEARANCEA FORBEARANCE

A DEED IN LIEU OF A DEED IN LIEU OF FORECLOSUREFORECLOSURE

FOR THE FOR THE UNEMPLOYEDUNEMPLOYED

THIS IS:THIS IS:

A PRINCIPAL LOAN A PRINCIPAL LOAN REDUCTIONREDUCTION

NO CREDIT SCORE NO CREDIT SCORE RATE AND TERM RATE AND TERM REFINANCEREFINANCE

HOMEOWNERS LAST HOMEOWNERS LAST CHANCE TO REGAIN CHANCE TO REGAIN EQUITYEQUITY

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Must be upside down at least 25% Must be upside down at least 25% Must have 50% Debt-to-Income Must have 50% Debt-to-Income

ratio on the new proposed loan; ratio on the new proposed loan; must be able to prove incomemust be able to prove income

We BUY notes in bulk from the We BUY notes in bulk from the existing lender at a discountexisting lender at a discount

We REFINANCE homeowner a We REFINANCE homeowner a NEW LOAN with a new lenderNEW LOAN with a new lender

90% approval ratio.90% approval ratio.

How we do itHow we do it

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How we do itHow we do it

We package notes in bulk of 10,20,30 notes We package notes in bulk of 10,20,30 notes or moreor more

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Note Package

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How we do itHow we do it

We refinance the 20,30,50 notes with We refinance the 20,30,50 notes with FHA-VA-Conv & private lending FHA-VA-Conv & private lending companiescompanies

Refi

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FHA & CONV Refi

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Refi

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Most of Most of homeowners today homeowners today are non-performing are non-performing borrowers, meaning borrowers, meaning they have been late they have been late or in foreclosure.or in foreclosure.

Banks are in the Banks are in the business of lending, business of lending, not real estate. not real estate.

It cost less to It cost less to liquidate, then it liquidate, then it does to foreclose, does to foreclose, short sale or REO.short sale or REO.

Why the banks wants to Why the banks wants to liquidate the notesliquidate the notes

Since we package all Since we package all notes together both notes together both performing and non-performing and non-performing, the only performing, the only deal we will ever deal we will ever present will be an all or present will be an all or none deal to the bank. none deal to the bank.

We do not allow for We do not allow for cherry pickingcherry picking

Banks can lend Banks can lend immediately on the immediately on the money that they earn money that they earn from the liquidation.from the liquidation.

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Principal Reduction Principal Reduction ProgramProgram

CURRENT MORTGAGE:CURRENT MORTGAGE:

Loan Amount Interest Rate Monthly Payments Loan Amount Interest Rate Monthly Payments 11stst Loan $150,000 7.5 % $ 1048.82 Loan $150,000 7.5 % $ 1048.8222ndnd Loan $ 50,000 9.0 % $ 449.86 Loan $ 50,000 9.0 % $ 449.86

Total Loan $200,000 $ 1498.68+ T/ITotal Loan $200,000 $ 1498.68+ T/I

NEW MORTGAGE ESTIMATES:NEW MORTGAGE ESTIMATES:

Current Market Value (CMV) / Broker Price Option (BPO): Current Market Value (CMV) / Broker Price Option (BPO): $$100,000100,000

Loan Amount Interest Rate Monthly PaymentsLoan Amount Interest Rate Monthly PaymentsLoan $90,000 (90% CMV) 7.25 % $613.96 + T/ILoan $90,000 (90% CMV) 7.25 % $613.96 + T/I

InstantInstant monthly savings = monthly savings = $884.72$884.72Eliminate $110,000 Eliminate $110,000 of NEGATIVE EQUITY!of NEGATIVE EQUITY!

You Gain 10% Instant EquityYou Gain 10% Instant EquityAPR 7.431APR 7.431

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What’s in it for you?What’s in it for you?

Your Your oldold mortgage mortgage payment payment

$1,498.68+T/I / $1,498.68+T/I / monthmonth

Your Your NEWNEW mortgage mortgage paymentpayment

$ 613.96 + T/I / $ 613.96 + T/I / month*month*

You SaveYou Save

$884.72 month$884.72 month

That’s That’s

$10,616.64 / year$10,616.64 / year

*BASED ON 7.25 % INTERESTAPR 7.431%

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Doesn’t matter if…Doesn’t matter if…

UPSIDE DOWNUPSIDE DOWN

BEHIND IN PAYMENTSBEHIND IN PAYMENTS

IN FORECLOSUREIN FORECLOSURE

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Regardless of…Regardless of…

Loan To ValueLoan To Value

High Debt To Income Ratio’sHigh Debt To Income Ratio’s

Notice of DefaultNotice of Default

Notice of Trustee SaleNotice of Trustee Sale

Alternative Income AllowedAlternative Income Allowed

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The solution…The solution… We BUY your note from your bank

We OFFER you a NEW LOAN with minimum qualifications needed!

Each homeowners situation is unique with a 90% approval ratio!

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The LoanThe LoanWe will refinance your property once we have purchased We will refinance your property once we have purchased

the note into any conventional loan program that you the note into any conventional loan program that you will qualify for.will qualify for.

If your credit is damaged and you cannot qualify through If your credit is damaged and you cannot qualify through conventional refinancing, then we will place you with conventional refinancing, then we will place you with

our private investors on the following program.our private investors on the following program.

30 year fixed rate30 year fixed rate

Prime + 4%Prime + 4%

3 Year Pre-Payment Penalty with Private Lender3 Year Pre-Payment Penalty with Private Lender

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How much?How much?

PRINCIPAL PRINCIPAL REDUCTIONREDUCTION

PROGRAMPROGRAM

$1,595.00*$1,595.00** Application Fee, 3 * Application Fee, 3

appraisals, appraisals,

2 credit reports, 2 title 2 credit reports, 2 title o&e policies, & o&e policies, &

processingprocessing

IF LOAN IS IF LOAN IS N.O.D. or N.O.D. or

N.O.S.N.O.S.

Additional Additional ChargeCharge

ApplyApply

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Getting StartedGetting Started

Principal Reduction Application

Borrower’s Authorization

Statement of Information Sheet

Client Information Work Sheet

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What you’ll need to startWhat you’ll need to startMortgage Statement(s) (1st and 2nd)Mortgage Statement(s) (1st and 2nd)

Income Documentation (i.e. pay stubs “30 days”, last yrs W-2, 1099) Income Documentation (i.e. pay stubs “30 days”, last yrs W-2, 1099)

Hardship Letter – (Negative Equity is a hardship)Hardship Letter – (Negative Equity is a hardship)

Hazard Insurance (Declaration pg.)Hazard Insurance (Declaration pg.)

Copy of Driver’s License(s)Copy of Driver’s License(s)

All Correspondence Letters (from Lender to Borrower)All Correspondence Letters (from Lender to Borrower)

Notice of Default – if ApplicableNotice of Default – if Applicable

Notice of Trustee Sale – if ApplicableNotice of Trustee Sale – if Applicable

Loan Modification Documentation – if ApplicableLoan Modification Documentation – if Applicable

Property Tax StatementProperty Tax Statement

$1,595 Application Fee, 3 appraisals, 2 credit reports, 2 title o&e policies, & $1,595 Application Fee, 3 appraisals, 2 credit reports, 2 title o&e policies, &

processingprocessing

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To get started today To get started today please callplease call

Today Home Solutions of AmericaDirect 888-392-8640

Fax 813-315-6004Info@TodayHomeSolutions.comwww.TodayHomeSolutions.com