Call Now: 1-800-708-0716

We Are Here to Help

Current market conditions are spiraling out of control. Homes are rapidly declining in value. Borrower's are offered bad advice and short-term fixes. Many are walking away out of confusion, which erodes the collateral base. Loan's are not being sold and servicer's are being overwhelmed with interest rate resets, short sales sitting idle, and potential government intervention. Negative amortization loans are adding to the problems.

8 Step Borrower Action Plan

These are the common options available to a homeowner who's behind on their mortgage.

1. Refinance - Our customers typically do not qualify

2. Restructure - We can negotiate with your lender to get your loan in good standing again. (Most Popular Alternative)

3. Reinstatement - Pay your lender(s) you entire past due payments to bring your mortgage current. This option is rarely feasible

4. Sell Your Home - You may simply sell your home before the foreclosure sale date. In today’s market, this is not a good option

5. Short Sale - In this scenario the lender will agree to take less than what you owe on the loan to avoid a lengthy and costly foreclosure process

6. Deed-In-Lieu of Foreclosure - Give the home back to the lender and walk away with a clean slate

7. Bankruptcy - This should be a last resort. The may save your home temporarily. If you miss one payment during the process the lender will put you back in foreclosure

8. Foreclosure - You may elect the home to be entered into mortgage foreclosure. This is the most damaging to you.

Mortgage Solutions Company's goal is to help families know that there are options other than foreclosure. We’re here to guide you through the process and properly represent you when we negotiate with your lender.