It can be very frightening to face foreclosure. Collection calls, fearing the loss of your home; the stress can be overwhelming. Where can you turn for help?

Perhaps the last place most people would think of, your own mortgage lender, is actually the first place you should call. Your bank does not want to own your house. The bank is not in the real estate business. Foreclosing on a house, which involves court action, and then selling it afterwards, is an expensive, time-consuming, and effort-intensive process, which your lender would just as soon avoid. They would much rather see that the loan was paid.

Your lender may have several ways to help you