Alternative To Foreclosure When Cannot Afford Mortgage

Alternative To Foreclosure When Cannot Afford Mortgage

Lenders will do everything possible to work with homeowners who cannot afford mortgage payments. Lenders do not want the property. Mortgage lenders want to work with homeowners on a workout where they can continue paying on their home mortgage. This may include a loan modification, extending the current mortgage to a longer-term, or forgiving the past due amount.