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Foreclosure Prevention - Forbearance
If you are not eligible for a Making Home Affordable Refinance or Modification, your mortgage company or O'Brian & Obrien Associates may suggest other options that are available to you. These options may include:
Forbearance: Under a forbearance agreement with your mortgage company, you pay a portion of your regular payment or no payment at all for a specific period of time. At the end of the forbearance period, you begin making regular payments as well as an additional amount to pay off the past-due amount.
Repayment Plan: If you have missed payments, your mortgage company may be able to help you catch up by creating a schedule for repaying the past-due amounts.
HomeSaver Advance™: If your mortgage is owned by Fannie Mae and your missed payments are due to a temporary financial hardship, you may be eligible for an unsecured personal loan to help you get current with your payments.
Do It Yourself Loan Modification Processing Tool Complete Package Includes: Instruction Manual Required Forms/Docs Software $149.95 now only $49.95
