The most common way used to bring a loan current is the repayment plan. Many lenders will require that up to 50% of the past due balance is paid. While this may sound great, in many cases it is just not possible. After all, if you had 50% of the past due balance, you probably would not be that far behind. We would still need to collect all the documentation but will ask that your lender work with us toward obtaining a reasonable amount of money from you in order to bring your loan current.

This type of solution to your mortgage foreclosure is generally accepted amicably by lenders. We would complete a detailed financial portfolio of your income vs. your expenses to show the lender what payment will work with your current income along with what down payment you can afford. This will bring your account up to date immediately and keep you secure in your home.