There are 7 simple steps in the loan workout process:

—————— Steps 1, 2, and 3 are entirely free of charge ———————

Step1: Please fill-out the form we have included in our Application menu. Once we receive your information, we will send you an email with instructions on how to download and complete your application.

Step 2: After a thorough analysis of your application, an AEFP specialist will contact you within 24 hours to inform you of our findings and/or request additional information. (More than 80% of our clients need to provide supplemental information before we can proceed.)

Step 3: Our proprietary analytical models reveal your odds of a successful loan workout solution. An AEFP specialist will inform you of the exact amount of our service fee in order to obtain a successful loan workout for you. A trust account will then be opened to cover AEFP’s successful loan workout service fee, giving you up to two weeks to fund the account. The funds will not be accessed by AEFP until your loan workout has been approved and accepted by your lender. If you decide to proceed with the process, a “client package” will be sent to you via email, fax, or regular mail.

Step 4: We will craft a customized solution for your case and prepare a “lender package” to submit to lenders.

Step 5: Once we receive the document preparation fee of $425 as outlined in our Service fee schedule, we will submit the “lender package” to lenders. AEFP will update you on your negotiation progress in real time via email, or you can check your Progress Status on our website.

Step 6: Depending upon the complexity of the deal, it typically takes 4 to 12 weeks to complete the loan workout process.

Step 7: After the lender has approved and accepted your proposed loan workout details, the Service Fees in the trust account are released as final payment to AEFP. If, for any reason, the loan workout does not materialize, the funds in the trust account are refunded to you.