Picture source: Tumisu
Scary, right? If you are here, you probably were looking for ways to help yourself get out of this situation and for that we are grateful you are here!
Don’t know where to start? Believe it or not, the first person you should call is your lender. It is a common misconception that your lender wants to see you fail – quite the opposite actually – we want to see you living in your dream home for years to come. So, we beg you, please give us a call.
After calling your lender here are a few steps to getting back on track:
- Be honest with WHY you’ve fallen behind.
What happened? Being honest with your lender can help them assist you in making the best plan of action for your situation.
- Be ENGAGED with your solution plan
Your individual plan on getting you back on track will not work if you aren’t willing to be disciplined in the little details of your plan.
Whether it’s refinancing to get you in a lower payment, helping you get a principal reduction or putting your mortgage in forbearance for a period of time; we want to remind you that owning a home is one of the greatest privileges we are able to achieve and there are options out there to better serve you and your family.