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.

If you’re coming off a pandemic forbearance plan and are still financially struggling, you may be worried about potential foreclosure. Rest assured that mortgage companies prefer to avoid foreclosures and there may be solutions available to help you keep your home.

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 can allow 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.

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.

In the days leading up to closing day, your lender will send you a Closing Disclosure, which outlines what you need to pay at closing and summarizes your loan details. You’ll also need to share various mortgage documents required by your lender. Having those documents prepared ahead ...

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...

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...

If you’re coming off a pandemic forbearance plan and are still financially struggling, you may be worried about potential foreclosure. Rest assured that mortgage companies prefer to avoid foreclosures and there may be solutions available to help you keep your home.

Foreclosure protection ; Lowered interest rate to 6% maximum, if the interest rate on the loan is more than 6% ; No new late fees; No new legal fees; You may be eligible for SCRA benefits if you are: A regular member of the U.S. Armed Forces (Army, Navy, Air Force, Marine Corps, or...