New York, NY (PRWEB) October 10, 2012
For much more info
Ricky Brava
Dean Anastos
http://www.apollofinancialgrp.com 
information(at)apollofinancialgrp(dot)com 
866 825 9350

Apollo Financial Group finding real worth in distressed debt.

Based in New York, the Apollo Economic Group is making a name for itself in monetary circles by dealing with distressed debt, far more particularly troubled mortgages.

The business uses a proprietary formula to cherry pick default loans from beneath performing mortgages pools produced by some larger banks. Apollo buys such debts with two items in mind:

Attaining a substantial return on the investment
Assisting the homeowner who is willing to operate items out on the default debt
According to Apollo CEO Dean Anastos, this creates a win-win for both Apollo and the homeowner.

We can acquire these distressed debts for really appealing percentage on the dollar, he mentioned. Because we then have significantly less invested than the originating bank, have been in a position to perform with the homeowner to obtain a healthful return on investment. More than the years, history proves distressed debt investing has usually outperformed all other varieties of investment vehicles.

DEBT INVESTING v. EQUITY INVESTING

What sets Apollo apart from monetary institutions that make, buy and sell mortgages as a matter of practice is these firms are investing on the equity side of the transaction. By investing in the debt, Apollo does not concern itself with upkeep of the property. Thats the home owners responsibility.

The real alter is visible when a homeowner is not capable to meet the terms of the original mortgage. Apollo is in a position to operate with the homeowner in approaches standard mortgage holders cant, so the homeowner has more incentive to pay off the debt. Loan modifications are much easier to make beneath a distressed debt sale. Most home owners will go to considerable lengths to keep their home, Mr. Anastos mentioned.

Due to the fact the upfront investment is less, Apollo has room to operate with the homeowner to decrease the principal, the interest price or both.

Apollo Senior Companion Ricky Brava said due to the fact this is the way distressed debt investing works, it tends to be a lot more secure than other investments.

“As a specialist investor, the variables that always reign supreme are Security and ROI and distressed debt investing provides both, he said. At Apollo, we are major the way in this type of investing. Our track record shows we have a wholesome history of each ROI and keeping the initial investment safe.

SECOND MORTGAGES

Apollo buys 1st and second mortgages, understanding there is a greater threat connected with a second mortgage. Due to the fact of this, the terms to acquire such debts are usually a lot more eye-catching also.

If you can acquire the second mortgage at a sharp discount, then you clearly have much less invested than the company which produced the second mortgage. Because you have less invested, you can take significantly less in monthly payments and nonetheless understand a satisfactory profit, Mr. Anastos said

Apollo buys and sells distressed debts. These mortgage notes are supplied to registered clients. For a lot more details about purchasing and promoting mortgages or the distress debt enterprise in common, go to their Distressed Debt trading website. You may possibly also pay a visit to them at their Facebook page .

For much more data pay a visit to http://www.ApolloFinancialGrp.com or contact 866 825 9350.





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