If you cannot afford your monthly mortgage payments and wish to avoid foreclosure, you may be eligible for a loan "workout" or modification. We determine eligibility for loan "workouts" on a case-by-case basis. Among other things, we will consider the value of your property and your ability (based on your current income) to make monthly mortgage payments in accordance with the "workout." You may also qualify to refinance your current loan with us.
Remember, we're here to help and we offer one-on-one counseling to help you get back on track.
If you are interested in exploring any of the options listed above, you will need to provide us with certain financial information, including the following: your most recent pay stub, list of current monthly expenses, your most recent tax return, bank statements, a current valuation of your property, if available (such as an appraisal).
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.
If you would like to discuss your options to avoiding foreclosure with us, please call our Loan Adjustments Department at 1-800-829-8629. Call the Department of Housing and Urban Development (HUD) at 1-800-569-4287 to find a HUD-certified housing counseling agency. Additional information is made available by HUD at http://hud.gov/offices/hsg/sfh/hcc/hcs.cfm.