The duties of a loss mitigation counselor include assessing a case to determine the appropriate loss mitigation tool to help the homeowner resolve their mortgage delinquency. Our staff will assist in contacting the client directly and assess and address any concerns of the potential client. The US Loss Mitigation Services (USLM) Virginia headquarters Eligibility Department will guide the client and develop the case to determine the appropriate qualifications and direction to assist the client. After the USLM eligibility staff has received all the case supporting documentation, the case is sent to USLM’s Quality Assurance Department to further ensure case meets appropriate guidelines to determine which loss mitigation tool is best for the homeowner. Next the case is sent to USLM’s Loss Mitigation & Underwriting Department whereby a file and a package is created and submitted to the appropriate parties (i.e. servicer, lender, federal or state agencies, or investor) to effect a favorable outcome.

The field of loss mitigation advocacy was created by Congress and is administered by the various federal agencies that insure mortgage loans against loss as a result to foreclosure... These origins are important because they directly address both the validity and potential of this field.

Loss Mitigation field is not a franchise, business opportunity or work-at-home scheme. While our program does enable you to start and operate a loss mitigation practice from home, it also has the added advantage of an existing infrastructure created and supported by the various federal agencies. The need for loss mitigation counselors is generated by the system and is not diminished by time or over-saturation as is true with most business opportunities. These characteristics make loss mitigation field as much a reliable career as it is an opportunity for you to start your on loss mitigation practice.

Nationwide, there is an enormous untapped pool of potential customers desperately in need of sound loss mitigation representation. The National Mortgage Delinquency Rate is at an all time high and there is literally no competition in the industry. Along with that, foreclosures are over 5 million last year and an anticipated 6 million plus this year and higher. Taken together, these sources represent a nearly inexhaustible supply of potential customers for your service.

You bet there is! Due in large part to the economy, ever changing job markets, large influx of new inexperienced homeowners of the last couple of years and the ease of availability of credit and the public's growing awareness of the loss mitigation program, a steadily expanding market is being generated that ensures the future of loss mitigation field for generations to come.

Just about anyone who meets our qualification we outlined above “how to start a loss mitigation practice with the USLM”, can practice as a loss mitigation counselor. Over the past 23 years, USLM has trained has trained other newly created loss mitigation companies (FFPS, UCMA, ForeclosureLMS, LMI just to mention a few, as well as, lawyers, doctors, nurses, school teachers, former lender loss mitigation representatives and even truck drivers since 1993. No matter who you are, we can help you find your place at the table of loss mitigation field. If innovation, experience and operational efficiency are important to you, then ALMI Training Program on starting your own loss mitigation practice is your absolute best source for loss mitigation training.

A delinquent homeowner's benefits are obvious; you have the knowledge and skill to save their most valuable asset their home and credit. If you don't think this is motivation enough for a homeowner to seek your help, add the fact that federal government’s own research shows that a homeowner has a much greater chance of receiving benefits with representation. Couple that with the ease and efficiency of our system and you have the ingredients for a highly successful loss mitigation practice.

How much a loss mitigation counselor is paid is up to you, the average fees charged are from $195 to $1,200 for a given case. The actual amount paid for representing a homeowner differs depending upon a number of case factors, including the onset of the case and the client's mortgage history and financial condition. Our average fee is $1,200 per case. You earnings will be $1,200.  

Remember: The fee you earn will be collected at the end of the services - NO UPFRONT FEES. This ensures the reliability and protection to the homeowner that services will be provided to the best of your ability.

If you have an average of 5 case a week and charge $1200 per case and using THE BEST PROGRAM METHOD, this would result in the following: $1200 fee @ 5 cases = $6000/week to you. Our charge to provide assistance to you is only $350. Your earnings minus "OUR COST OF ONLY $350 PER CASE"  = $4,250/week to YOU that's $221,000 per year earning potential. If you were just doing two cases per week (that's less than half the effort) you could earn potentially $88,400 per year.

• Must be a Certified Loss Mitigation Specialists with our office and have submitted 5 approved  cases. (no special splits)
• NO TRAINING CASES.
• Once 5th case is completed your investment of $389.95 is returned. 
• Your cost to outsource to USLM is only $350 for each case provided to us from the first case to the last.
• Work agreement is between you and your client. You receive the deposit from the client and quickly remit only $350 to our office to do all the negotiation with the lender until completion. For example, if you charged your client $995 you would remit $350 to us and you would earn  $645 after the case has completed.
• No waiting for commissions. You earn your money immediately directly from the client and pay us for loss mitigation fulfillment - IT'S SIMPLE.

If you send in one loss mitigation case and charged you client $1200 you would earn $805 per case after we deducted $395 to complete the negotiations using THE $395 PROGRAM METHOD.

If you submit 5 cases this would result in the following: $1200 fee @ 5 cases = $6000/week minus $1,975 = $4,025/week to YOU that's $209,300 per year earning potential. If you were just doing two cases per week (that's less than half the effort) you could earn potentially $124,800 per year. We complete the loss mitigation work and negotiation wiht lender and other parties under this methd.

• NO MONTHLY WEBSITE COSTS
• NO TRAINING CASES
• YOUR INVESTMENT OF $389.95 RETURNED AFTER YOUR 5TH CASE HAS BEEN COMPLETED - THAT MEANS YOU PAID NOTHING FOR THE OPPORTUNITY - IT'S FREE!
• MUST BE CERTIFIED WITH OUR COMPANY.
• WORK AGREEMENT IS BETWEEN USLM (WE TAKE TOTAL LIABILITY) AND CLIENT. You direct client to remit deposit directly to our corporate office. USLM will pay you once case closes. For example, if you charged your client $995 you would earn $605 and USLM would earn $395.  

BEST PROGRAM METHOD: (outsource fee ONLY $35O) You simply outsource the case and remit deposit of $350 to USLM and we do all the work. You can direct the client to mail or fax package to you. We negotiate, update you and the client and settle the case.  

– Benefits – you use our website for credibility etc. Contract is between you and the client. You can have use of our backoffice resource center to track and manage your client files. You will also have access to all training calls and office support. You must complete 5 regular case (NO TRAINING CASES) whereby you have to submit $350 for each case.. For example, if you charge $1,200 you will earn $850. REMEMBER - Your investment returned after your 5 cases have closed. 

$395 METHOD: (outsource fee $395) You simply outsource the case to USLM and we do all the work for your organization. For example, the contract is between USLM and your client and you have the deposit and package sent to USLM directly. 

- Benefits - You are paid immediately upon completion of each case. Your investment returned after your completion of your first 5 cases that are mitigated.  You are also eligible to take the ADVANCED CERTIFICATION to become a "Certified Loss Mitigation Specialist".

As stated prior, all funds earned are collected at the end of the services provided to the client.  All funds, of clients, are held in trust by USLM until completion.

Forget about collections, credit reports and all that stuff. Our exclusive fee protection techniques is easy to implement and it doesn't costs a dime. We accept payments from clients in the form of Bank of American deposits, Credit Card & Debit Card transactions, PayPal, Money Order, Cashier Check, Money Gram and bank wires. We will also provide assistance in helping your set up your own merchant account and trust account.

The popular myth is that anyone applying for mortgage relief is poverty stricken and unable to afford representation. The reality is that the majority of applicants are no different from you and me. The average applicant is a working individual who, as a result of unforeseen circumstances, fell behind on their mortgage payments. More often then not, they are able to continue making future mortgage payments and have set aside a couple of payments during the delinquency period. This is a direct result of the mortgage company’s unwillingness to accept mortgage payments from the homeowner who falls behind on their mortgage payments. Majority of lenders are only willing to accept full reinstatement to prevent foreclosure and will return any partial payments to the homeowner if made. These homeowners are more then willing to pay your fee, and your services are back by a guarantee, “MEANING YOU ARE PAID ONLY IF THE HOMEOWNER GETS IS PROVIDED A SOLUTION” and your fee is collected up front in the form of deposits, made by your client to prove of financial stability and credit worthiness as required when they sign up for your services. This method is for the mutual benefit of you and your client. The client got help and you are assured of getting paid for your services.

This service can be performed effectively by anyone of average intelligence. No experience is necessary due to our training and outsourcing program.

When considering any professional service, it is a good idea to ask yourself how your background, personal interests, current business or occupation might be utilized to help you succeed. The beauty of our program on starting a Loss Mitigation Practice is that it is wide-open to anyone interested in expanding their professional horizons. No matter what your background, from Accounting to Zoology, Loss Mitigation Counseling can provide a new level of financial and professional satisfaction.

Loss Mitigation Counseling is the perfect occupation for those who wish to work from home. A home office has several advantages including low overhead, controlled scheduling and the opportunity to enjoy more leisure time with friends and family. Our program works well from a home office or other office locations, the program was created to provide valuable information on how to operate successfully without jeopardizing your privacy or security from any location.

No! The beauty of loss mitigation counseling is that it remains relatively unregulated. This means that for now, certification remains a personal decision. We do provide certification training program  to enhance your credibility and help your qualify to participate in our BEST PROGRAM MEHTOD. We do have a Certification Program whereby your take the advanced training and tests online and become certified and you will receive a Certificate of Achievement and Recognition from the USLM. The cost for the Certification is $124.95 and you are not required to pay this to start. You can take it when you are ready and have determined this is a program for you.

Loss Mitigation Counselors not using our techniques have often bogged themselves down in paperwork on cases and go out of business. This is ridiculous! Our average case takes less than 15 days to 30 days – some are completed within a 24 hours. If you understand our outsourcing process, you will quickly realize the simplicity of our program. We do all the work from assessing to completions - that’s 80% to 95% of the work. This will result in freeing up time to allow you to interview more potential clients and earning a better income.  Secondly, there’s the added benefit to your client of receiving 23 years of loss mitigation creditability, experience and reliability that results in a favorable outcome for your clients cases.

Yes! According to the most recent tax code, a company may deduct the costs of training as part of a new business start-up or as an ongoing business expense. Check with your accountant to be sure that this deduction is appropriate for your tax situation.

To operate a Loss Mitigation Practice, you need a personal computer with Internet access, a printer, fax machine and a telephone.

YES, we provide training calls daily every week. Just simply call into our training bridge and listen or you can ask a question or concern of your own. We can provide client prospecting calls on Thursday of each week for your convenience. This means we will contact your clients for you or others and you just sit back and listen to each call and learn how to speak with a client to address their concerns. If you miss a call – don’t worry - All calls are recorded and entered into your member’s only back-office for your convenience.