NeighborWorks Blackhawk Region provides Foreclosure Prevention (Loss Mitigation) counseling if you get behind on your mortgage payments or, due to circumstances, can no longer afford your home. We can assist you through the process of trying to keep your home, and help you understand your options and rights.
We can talk to your lender on your behalf, and help you negotiate a resolution for your delinquency. Or if you aren’t able to keep your home, we can advise you on the best way to make the transition, helping you to minimize damage to your credit and getting you back on your feet.
The most important thing to remember is to always keep an open communication with your lender. If you know ahead of time that you are going to be late with a payment, call your loan servicer to let them know your situation and ask them what options you may have.