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Educate Yourself.
Borrow Smart! 
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   Hotline (520)792-3087                        Are You Having Trouble Making Your Mortgage Payment ?
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995-HOPE

Remember, Foreclosure isn’t the only option.

Don’t Be Afraid To Seek Help!

Don’t Lose Valuable Time By Waiting

The Sooner You Call, The Sooner Help Is Available

Don’t Be Embarrassed to Discuss Money Problems

 

If you are unable to make your mortgage payment ...

1. Don't ignore the problem.
The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house.
2. Contact your lender as soon as you realize that you have a problem.
Lenders do not want your house. They have options to help borrowers through difficult financial times.
3. Open and respond to all mail from your lender.
The first notices you receive will offer good information about foreclosure prevention options that can help you weather financial problems. mail may include important notice of pending legal action. Your failure to open the mail will not be an excuse in foreclosure court.
4. Understand foreclosure prevention options.
Valuable information about which foreclosure prevention (also called loss mitigation) option would be right for you when you see a HUD– approved housing counselor.
5. Contact the Don’t Borrow Trouble to find a HUD-approved housing counselor.
Call today — 520-792-3087

The U.S. Department of Housing and Urban Development(HUD) funds free or very low cost housing counseling nationwide. Counselors can help you understand the law and your options, organize your finances and represent you in negotiations with your lender if you need this assistance.
6. Prioritize your spending.
After healthcare, keeping your house should be your first priority. your finances and see where you can cut spending in order to make your mortgage payment. for optional expenses-cable TV, memberships, entertainment-that you can eliminate.
7. Use your assets.
Do you have assets-a second car, jewelry, a whole life insurance policy-that you can sell for cash to help reinstate your loan? Can anyone in your household get an extra job to bring in additional income?
8. Don't lose your house to foreclosure recovery scams!
If any firm claims they can stop your foreclosure immediately if you sign a document appointing them to act on your behalf, you may well be signing over the title to your property and becoming a renter in your own home! sign a legal document without reading and understanding all the terms and getting professional advice from a HUD approved housing counselor.

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