GET STARTED| Get Your Fair Cash Offer Today

Click Here

What should a homeowner do if they’ve fallen behind on their mortgage payments?

What should a homeowner do if they’ve fallen behind on their mortgage payments?

Unfortunately, most homeowners who’ve fallen behind get overwhelmed and simply ignore the phone calls, emails, and bill statements… hoping that the problem will go away.

But it won’t.

In fact, the worst thing a homeowner can do is ignore the problem.

But the good news is that homeowners who’ve fallen behind on their payments still have some options — three in particular.

Meet With Your Lender — When a homeowner contacts their mortgage lender to discuss their monthly payments, it indicates that they’re serious about getting caught up, which is good. Lenders might even be willing to temporarily modify the loan to make monthly payments more affordable, defer payments, or renegotiate your interest rate.

Reach Out To Government Agencies — If a homeowner’s mortgage lender is unhelpful, then they can reach out to various government agencies for help (such as the National Servicing Center, the US Department of Housing and Urban Development, or the Department of Veteran Affairs). These free services can help homeowners get back on track with their mortgage payments.

Sell Your House For Cash — Finally, homeowners can call us at RIDE Property Solutions by dialing (801) 790-4888 and we’ll make them a fair cash offer on their home. If the homeowner has a lot of equity, then this can certainly be a way to get out of a too-high mortgage payment.

Hope that helps!

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

Take a RIDE and get your cash offer...

No Repairs. No Fees. No Commissions. No Hassle. It is simple... We buy Utah houses. Get your no-obligation fair cash offer using the form below or contact us at your convenience.
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *