Every homeowner's situation is different, and available options depend on your lender, your loan, your financial circumstances, timing, and applicable law. Here are four paths homeowners commonly consider.
Some homeowners may be able to work with their mortgage servicer to modify eligible loan terms or explore available loss-mitigation options. Contact your mortgage servicer directly and consider speaking with a HUD-approved housing counselor. Approval and terms are determined by the servicer and depend on your specific circumstances.
Find a HUD-approved counselor →Reinstatement generally involves paying the required delinquent amount and applicable charges to bring the mortgage current. Only your mortgage servicer can provide an official reinstatement quote. We do not calculate or guarantee reinstatement amounts.
Bankruptcy may affect foreclosure proceedings in certain circumstances. Get Home Resolve is not a law firm and does not provide legal or bankruptcy advice. Please consult a qualified attorney about whether any legal option is appropriate for your situation.
A homeowner may choose to sell before foreclosure or another deadline if selling fits their circumstances. Get Home Resolve may be interested in purchasing qualifying properties directly, but selling is just one possible path — not always the right one.
Explore Selling My PropertyThe four paths above are common, but not the only possibilities. Depending on your circumstances, options may also include:
The best next step is often a conversation with your mortgage servicer and, when appropriate, a HUD-approved housing counselor or a qualified attorney.
