Receive a new loan with lower interest rate or other favorable terms.
Pay the total amount you owe in a lump sum payment and by a specific date. This may follow a forbearance plan.
Pay back your past-due payments together with your regular payments over an extended period of time.
Make reduced mortgage payments or no mortgage payments for a specific period of time..
Receive modified terms of your mortgage to make it more affordable or manageable after successfully making the reduced payment during a "trial period" (i.e. completing a three [or four] month trial period plan.)
Sell your home and pay off a portion of your mortgage balance when you owe more on the home than it is worth.
Transfer the ownership of your property to us.
If you’re considering refinancing, we recommend that you visit with a mortgage loan officer and your tax professional to see if refinancing to a shorter term loan makes sense for you. Check out our refi calculator to start crunching the numbers on what you could save in the long run and estimate your new monthly payment.