Beware of potential scams!
Watch this two minute “Protect Yourself from Mortgage Fraud” video showing how NOT to become involved in potential mortgage scams:
www.youtube.com/AvoidFraud
Do NOT sign any document that you have not fully read OR completely understand.
Note: Resource Lending Group and its agents will NEVER ask you to sign any document releasing the Deed to your home!
Do not ignore letters from your lender.
If you are having problems making your payments, contact your lender without delay. Explain your situation. Be prepared to provide them with financial information, such as your monthly income and expenses. Without this information, they may not be able to help.
(You may be able to negotiate for a Loan Modification, Reinstatement or Loan Forbearance plan.)
Stay in your home for now.
You may not qualify for assistance if you abandon your property.
Identify Special Programs.**
**These programs, offered by Private, Community and Government based organizations can include the resources to assist you in re-instating your current loan, refinance you into a new loan with a new lender, and/or offer you credit and qualifying counseling and assistance.
WHAT ARE MY OPTIONS IF I WANT TO REFINANCE?
Refinancing with a new lender.
If you are facing foreclosure, late on payments, or are otherwise having problems qualifying, refinancing with a “conventional lender” using "traditional underwriting" may NOT be a possibility. However, conventional lending is not the only option.
An Equity Lender can be an option if you have equity in your property and you are having difficulty meeting the strict qualifying requirements of conventional mortgage lenders.
Equity Lender refinancing can be used to pay off your existing loan(s), other secured or unsecured debt, and can often prepay many months worth of your mortgage payments to give you time to recover from current financial difficulties.
(Click here to get more information on this option.)
(Use the Lenders within our network to refinance, even if you are currently in foreclosure or are finding qualifying for a loan difficult.)
CLICK HERE FOR INFORMATION ON:
INFORMATION REGARDING LOSS MITIGATION.
YOUR OPTIONS IF I DON’T WANT TO KEEP MY HOME.
WHAT ARE THE MAIN POINTS I SHOULD REMEMBER?
Don't waste any valuable time!
Don't lose your home and damage your credit history.
Stay in your home to make sure you qualify for assistance.
Explore every alternative to keep your home.
Beware of scams.
Don’t prepay for services before they are performed.
Do not sign anything you don't understand.
Remember that signing over the deed to someone else does not necessarily relieve you of your loan obligations.
Act now. Delaying now will reduce your options later!!
If you do nothing, YOU WILL LOSE YOUR HOME.
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