There are many options to help bring your mortgage current and avoid the foreclosure process.|
||Delay or reduce payments until you can bring your mortgage current.
||Helps you get your finances back on track without the worry of losing your home. A good option if your situation is temporary.
||Distribute your delinquent payments over a period of time (usually no more than 6 months) to bring your mortgage current. You pay your normal monthly payment plus an additional portion of the past due amount.
||Gets your mortgage current within a defined time-frame without damaging your credit.
||Modify the terms of your current mortgage adding a portion of the past due amount to your unpaid principal balance.
||Allows you to stay in your home with terms/payments that meet your current financial needs.
||Market and sell your home to pay off your mortgage.
||Avoids the foreclosure process and minimizes the effects on your credit.
||Transfer your property to Nationstar Mortgage if you have not been able to sell your house at fair market value for at least 90 days.
||Avoids the foreclosure process and can be less damaging to your credit rating.
* Not all borrowers will qualify for all workout options.