5 Tips for Protecting Your Home from Foreclosure
1.
Don t ignore your mortgage problem.
If you are unable to pay--or haven t paid--your mortgage, contact your lender or the
Realtor company that collects your mortgage payment as soon as possible.
Mortgage...
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5 Tips for Protecting Your Home from Foreclosure
1.
Don t ignore your mortgage problem.
If you are unable to pay--or haven t paid--your mortgage, contact your lender or the
Realtor company that collects your mortgage payment as soon as possible.
Mortgage lenders want to work with you to resolve the problem, and you may have
more options if you contact them early.
Call the phone number on your monthly
mortgage statement or payment coupon book.
Explain your financial situation and
offer to work with your lender to find the right payment solution for you.
If your
lender won t talk with you, contact a housing counseling agency.
You can find a
list of counseling resources at Neighbor Works and on the U.
S.
Department of
Housing.
2.
Do your homework before you talk to your lender or housing counselor?
Find your new mortgage loan documents and review them.
Review your income
and budget.
Gather information on your operating expense, including food, utilities,
car payment, insurance
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