Stay In Your Home Overview


If you are facing financial difficulties—whether they are short or long term—there are solution options available to you. Even if you haven't yet missed a mortgage payment, but are worried you might soon fall behind, now's the time to take action. You may be eligible to refinance or modify your mortgage loan, lowering your payment and making it more affordable. Or, if you've missed payments and find yourself buried under late fees and past-due amounts, you may qualify for a temporary (or permanent) solution to help you get your finances back on track and avoid foreclosure.
The following is a list options available if your mortgage is distressed and want to stay in your home:.
  • HARP Refinance – It's purpose is to make the mortgage more affordable even if your home is worth less than the mortgage owed. However the mortgage must be current.
  • Refinance (Traditional) – It's purpose is to make the mortgage more affordable, however, if it's underwater and in default the homeowner is not likely to qualify.
  • Loan Modification -It's purpose is to make the loan more affordable even if the mortgage is in default.
  • Loan Forbearance – This program is for homeowners who are unemployed, disabled, or subject to a temporary hardship. Under this option a homeowner's mortgage may be deferred for a period of time.
Contact us at (973)-378-3030 and a dedicated agent will explain your mortgage assistance options and help you submit the necessary request form. We want to help you stay in your home, if possible.