If there isn’t a financially feasible way for you to keep your home, a short sale is an option that can give you a fresh start and avoid the foreclosure process. A short sale allows you to sell your home for less than you owe on the mortgage, pending investor approval.

Mortgage assistance is a general term that covers a variety of programs and solutions intended to help homeowners who are experiencing financial difficulty and having trouble making their mortgage payment.

Another alternative to foreclosure is called Deed in Lieu of Foreclosure (DIL). DIL means that you voluntarily transfer ownership of your home to your lender, the lender terminates the loan, and the remaining balance due is forgiven.

You can quickly apply for mortgage assistance online. If you’d prefer to mail or fax your application—or if you don’t have an online account—you can download it here. Note: If you're currently engaged in an active bankruptcy, please consult with your attorney before submitting a mort...

refinancing; repayment plans; loan modification; short sale; and Deed in Lieu of Foreclosure. Complete a mortgage assistance application online now and let us know what’s going on. We’ll help you determine a plan of action and next steps based upon your circumstances. You can also ...

Here are some of the most common closing costs: The money you put in an escrow account each month is used to pay property... DIL means that you voluntarily transfer ownership of your home to your lender, the lender terminates the loan, and the remaining balance due is forgiven.

The United States Department of Housing and Urban Development (HUD) has trained housing counselors who can talk through your situation and options with you. They’re ready to help with your questions about credit, foreclosure, rentals, and much more. Get started by finding a HUD cou...

If you’re struggling and can’t find another way to catch up on the mortgage payments—and you have equity in your home—a traditional home sale may be a good option for you to avoid foreclosure and satisfy the mortgage.

Can my house be foreclosed on? During your forbearance, we will not refer the mortgage to foreclosure or proceed to foreclosure sale. If any foreclosure action or proceedings were pending before your forbearance, those actions will be placed on hold.

If there isn’t a financially feasible way to keep your home, and you’ve decided to move on, a Deed in Lieu of Foreclosure (DIL) may be an alternative to foreclosure. DIL means that you voluntarily transfer ownership of your home to your lender, the lender terminates the...