options for keeping your home

Taking Action

If you want to keep your home, the worst thing you can do is ignore the problem. The sooner you address it, the better chance you have to improve your situation.

• If you haven’t already, immediately contact your lender to find out what types of relief are available. Anytime you call the lender, follow up with a letter. Keep a detailed log of all these dealings.
• Provide any information or documentation that’s requested and make sure it arrives to the lender by the required date. Late materials may result in loss of relief. Be prepared to resubmit papers multiple times.
• Stay patient and hopeful. Don’t give up. For advice and support during this process, seek free, confidential help from a HUD-approved housing counselor.

Now it’s time to learn about a related topic that may affect you: Mortgage rescue scams. Continue to “Avoiding Foreclosure Scams.”