STOP FIRST MAGNUS FINANCIAL FORECLOSURE

About First Magnus

 

First Magnus was founded in 1996 by Tom Sullivan Sr., Tom Sullivan Jr. and G.S. Jaggi and was one of the largest national companies based in Tucson.  The national mortgage lender was on track to fund $36 billion in loans in 2007, prior to suspending operations.  The closure also included retail outlets Charter Funding and Great Southwest Mortgage.  The Arizona Department of Financial Institutions later filed a complaint Friday against First Magnus and its subsidiaries, looking to fine the company for its abrupt closing.

Foreclosure Prevention Options

Even though First Magnus is no longer in business, many of the loans it originated are still being serviced.  First Magnus servicers still participates in a wide variety of foreclosure prevention options including: 

Loan Modifications

Our staff has decades of experience working with First Magnus servicers on successful loan modifications.   We understand exactly what this lender is looking for and will help you structure your application so that you don't get declined for incorrect paperwork, net present value, or debt to income ratios.   Let us complete their request for mortgage assistance with you, so that everything is complete right on the first try.  Click here to get started

Short Sales

If you’re approved for this option and are able to sell your home, the sales proceeds will be applied toward your mortgage debt. In most cases, the remaining mortgage debt will be forgiven, but it depends on state law and investor requirements. You’ll also avoid the foreclosure process and get a head start on repairing your credit.  Keep Your Keys will hold your hand thru the entire process and will get you relocated into a new home that makes sense

Keep Your Keys

Keep Your Keys is highly experienced in helping homeowners stop foreclosure.    We have a thorough understanding of the products First Magnus servicers offer as well as their internal processes to get them approved and completed.   With our 5 star reviews and exceptional customer service you would be hard pressed to find a better partner.   Leave your checkbook at home and contact us today for a no cost, no obligation, appointment to get started. 

Additional Questions?

Visit our Frequently Asked Questions page for common questions.   Or setup an no cost, no obligation appointment with one of our licensed Consultants for customized answers for your scenario.