The Finance Group Expands Services

BOCA RATON, Fla.--(BUSINESS WIRE)--Matt T. Weaver, president of The Finance Group, Inc., a financial firm specializing in mortgages and lending for residential real estate, shopping centers and multi-unit buildings, announces the expansion of services of his firm to include Loan Modification, an answer for homeowners seeking relief on their mortgage payments or trying to avoid foreclosure.

Weaver’s interest is to make the service as accommodating as possible for the homeowner. “The borrower already has enough headaches, and we want to help them keep their home,” he says. The Finance Group’s Loan Modification program is offered as a flat fee for the service and is not based on the value of the loan or the value of the home, and has a money back guarantee.

Loan Modification is a solution for borrowers who can’t pay their current mortgage and can’t refinance. By calling a third party like Weaver, similar to a mediator, the borrower can often enjoy a more manageable monthly mortgage payment due to the terms the Loan Modification service works out. Weaver’s firm will collect documents from the borrower on income and assets, send out an appraiser to value the home, and handle notarizing of new loan documents.

Modified loans may have longer terms, lower monthly payments, lower interest rates or fixed rates. Because a Loan Modification is not a refinance of the loan, there are no closing costs – the loan documents are just modified, so there are no lender fees and no processing fees.

According to Weaver, the options today for a homeowner who is having trouble paying his mortgage are either moving out and renting elsewhere – which means their home may go into foreclosure – or renegotiating the loan. “The government is encouraging lenders to cooperate with Loan Modifications because it costs the bank less to modify the loan than to foreclose on a home,” he says.

Matt Weaver of The Finance Group, Inc. is licensed for Loan Modification in the state of Florida.

The Finance Group, Inc. is located at 703-705 E. Palmetto Park Road, Boca Raton, FL. For more information, contact Matt T. Weaver at 561-368-0003 or matt@thefinancegroupinc.com, or visit the firm’s website at www.thefinancegroupinc.com.

For The Finance Group, Inc., Boca Raton
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Diane G. Diamantis, 561-487-9526