Understanding options to stay in your home
Struggling to make your mortgage payments due to a short- or long-term financial hardship? There are options to help you stay in your home.
As soon as you realize you have (or potentially will have) a problem paying your mortgage, reaching out to your loan servicer (the company listed on your mortgage statement) is the best decision you can make – and one that may help you keep your home. They are your best resource for identifying a solution that’s right for your individual situation.
Your loan servicer will work with you to determine if you're eligible for any of the following workout options to stay in your home.Refinance
There should never be a fee from a mortgage company or HUD-certified housing counselor to obtain assistance about options to help you stay in your home. Be wary of companies or individuals offering to help you for a fee, and never send a mortgage payment to any company other than the one listed on your monthly mortgage statement. If you believe you’ve been the victim of a mortgage scam, call 1-888-995-HOPE (4673) immediately.
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