Having Trouble Making Your Mortgage Payment?

Please allow the following to describe the services you are about to receive.

Home 1st Lending, understands first hand what our neighbors are going through, that is part of the reason that
we deal exclusively with the state of Florida. Our goal is to help you in securing the assistance that you need in
order to continue to live in your home comfortably and resume life without the fear of knowing that you cannot
afford to make your mortgage payments.

Presently, and what appears to be the trend for the next several years, lenders are and will be faced with a very
large number of rising defaults and foreclosures. Contributing to this, the economy is on a downturn, real estate
markets have become sluggish, and paying on existing mortgages with excessive adjustable interest rates are
factors that have contributed to this mortgage crisis.

In an attempt to curtail this ever-increasing problem, many lenders have initiated programs designed to help
homeowners keep their homes and create payments that fit in with your financial needs. These programs may be
available to you and we are here to help you find out.

It should be understood that as a homeowner, you have the right to contact your lender directly to discuss the
alternatives that may be available to you. The problem that many homeowners are experiencing is the lack of
adequate response from their lenders. Banks all around the country are being inundated with requests, and they
simply do not have the time or manpower to assist their borrowers in a timely fashion- which often leads to
increased missed mortgage payments, compounding interest, and improved chances of Mortgage Foreclosure.

Our job is to make sure that you do not slip through the cracks. With your assistance, we will stay on top of your
lender, supplying them all of the documentation they will need to determine their ability to assist you. We remain
in constant contact with loss mitigation teams and negotiators to make sure your file is given the individual
attentions you deserve.

While we offer no guarantees, we do offer unrelenting persistence in dealing with your lenders. We will work full
time on your behalf to ensure that a decision will be made that will benefit you and your family. We constantly
monitor lender procedures, laws relating to homeowner’s assistance, and your file will receive the attentions you
deserve.  It is our job to make sure any available assistance is provided to you in a timely manner so that you can
maintain enjoyment of your home.

In any matters concerning your financial well-being and maintaining your home should be considered carefully,
while we feel confident in our services, we will provide a (3) business day cancellation period from the time you
enter into this program. A full refund shall be awarded if within (3) days you no longer wish to proceed. So that no
time is wasted, we will commence work on your loan and if you decide to cancel we will gladly stop working and
provide to you all of the information we may have received during that period.

Possible Solutions
There are two basic ways to help customers who are having financial difficulties and want to avoid foreclosure.
One is to help customers retain homeownership with some kind of loan workout, while the second involves
working with borrowers who are selling their property or transferring the title back to their lender. At Universal
Home Mortgage, we give borrowers several choices, allowing them to choose which course of action might work
best for them.

Universal Home Mortgage is committed to helping customers keep their homes, if the customer has some means
to make payments and is committed to working with us. Not all loan workout types may be available for every
customer, but Universal Home Mortgage’s experienced loss mitigation specialist will review your situation and
offer solutions that work for you and your lender.

Loan Modification
A loan modification is typically used when a borrower cannot afford the current or anticipated monthly payment. A
loan modification changes the terms of the original note and may result in a more affordable payment. Items you
may need to submit with your request for a Loan Modification:

Completed Initial Client Package with all signatures (can be obtained by loan specialist)
Must include Borrowers Authorization and Loan Modification Contract.
Hardship Letter
Provide a letter detailing the events which have made it difficult for you to make your payments.
Employment / Income Verification
Provide a copy of the last 2 paycheck stubs for each party that signed the Note.
If self employed, provide an income statement showing the past 2 months of income along with a copy of your IRS
filing for last year.
2007 & 2008 W2’s
3 Months most current bank statements
Financial Evaluation Form/Client Solutions
Contact Information
Provide your name, address, phone number, e-mail address and fax number.
Send completed package to Kohler Mortgage by fax or email:

Erik Kohler
NMLS #376214
Office:  (407) 482-8555
Direct:  (407) 923-3679
E:Fax:  (866) 888-8670

Please allow up to 15 business days to process your completed package. Any missing documents requested
above may result in the possible delay or denial of your request.

Questions and Answers about the Homeowner Affordability and Stability Plan

The Homeowner Affordability and Stability Plan (HASP) is part of the President’s program to prevent additional
foreclosures and to assist homeowners who are facing foreclosure. This plan will also help stabilize home prices
which will benefit all homeowners and consumers. There are two principal approaches to the plan that will directly
assist homeowners.

The first approach will provide access to low-cost refinancing for responsible homeowners suffering from falling
home prices. This program is intended to help eligible homeowners who are current on their mortgage, but due to
falling home prices are unable to obtain refinancing to take advantage of today’s low interest rates. The current
rates are generally lower than what the homeowner qualified for when their loan was originated.

The second approach involves homeowners who are delinquent, or homeowners who are at imminent risk of
becoming delinquent or defaulting, despite being current on their mortgage payments. This approach provides
assistance to homeowners, lenders and loan servicers to help reduce the cost of modifications, and in turn
encourage all of the parties with a vested interest in the property to agree to the modification arrangement.

If my loan is current but the value of my home has declined what options are available for me?
If your current loan is owned by Fannie Mae or Freddie Mac, under HASP, eligible homeowners who stay current
on their mortgage but have been unable to refinance to lower their interest rate because of the value of their
home may now have the opportunity to refinance their home through a Fannie Mae or Freddie Mac lender.
Eligible loans may go up to 105% of the current value of your home.

Homeowners who are not current or who are “at risk” of foreclosure

I heard the government was providing money to homeowners. Is that true?
Yes, to encourage homeowners who work hard to retain home ownership, HASP provides incentive payments as
a homeowner makes timely payments on the modified loan. The incentive is up to $1000 per year, for a total of
five years if the homeowner pays on time. The incentive payments are not paid directly to the homeowner, but
are applied to the loan and will reduce the unpaid balance by the amount the homeowner qualifies for.

What help is available for homeowners who are at risk of foreclosure either because they are behind
on their mortgage or are struggling to make their payments?
HASP offers help to homeowners who are already behind on their mortgage payments or who are struggling to
keep their loans current. The government is providing incentives to servicers and homeowners to enter into, as
well as perform under the loan modification agreements.

Do I need to be behind on my mortgage payments to be eligible for a modification?
No. Homeowner’s who are having difficulty remaining current on their mortgage payments may be eligible if their
income is not sufficient to continue to make their mortgage payments and they are at risk of falling behind on the
monthly payments. This may be due to several factors, such as a loss of income, a significant increase in
expenses, or an interest rate that will reset to an unaffordable level.

How do I know if I qualify for a payment reduction under HASP?
In general, you may qualify if 1) you occupy your house as a primary residence; 2) your monthly mortgage
payment is currently greater than 31% of your monthly gross income; and 3) your loan is small enough that it
does not exceed the current Fannie Mae and Freddie Mac loan limits. Final eligibility will be determined by your
mortgage lender based on your financial situation and detailed guidelines.
Loan Modifications