· Depending on your financial position, there are many different types of mortgage assistance program available to you. There are two classes of program: government-sponsored and lender-sponsored. Government-sponsored home mortgage assistance tends to be broader in scope and easier to acquire, but less tailored to your individual needs.
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If your mortgage situation is getting out of control but not as urgent as immediate foreclosure, you may consider government supported loan modification, HARP, a short sale, or hard money loans. If there is equity in your home you may get a home equity loan. Take a moment to explore your options.
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How to Save Your Home from Foreclosure Advertiser Disclosure January 23, 2017 by Gerri Detweiler Falling behind on your mortgage payments can lead to foreclosure – when your lender goes through the legal process to claim ownership of your home because you have not paid the loan as agreed.
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