Mortage in Trouble

Nobody wants to lose his or her home. If you are falling behind on your mortgage payments, you may feel that you are running out of options. What you need to understand, at a time of great stress, is that the steps you take do make a difference.  Please read the different articles in the ‘Mortgages in Trouble’ section of our Web site, to learn about various choices you have and how they will affect you.

Any time that you are not going to make your required mortgage payment, contact your lender. Even if it is unpleasant to call them, maintaining good communication with your lender is important. You can gain flexibility that would not be available to you were you to avoid speaking with your lender. Keep detailed and accurate records of all conversations and correspondence.