How Do You Get Help When Behind On Mortgage Payments?
Homeowners can get behind on their mortgage payments because of job loss, illness and other unforeseen circumstances. When faced with this dilemma, it is important to act as quickly as possible to remedy the situation. The sooner the issue of late mortgage payments is addressed, the sooner a possible resolution may be reached. Some of the options a homeowner may utilize include speaking with the mortgage lender, contacting a government agency for assistance or calling an attorney. Consult with a representative from a HUD-approved counseling agency in your community. The U.S. Department of Housing and Urban Development website provides a list of agencies located throughout the United States that assist homeowners who are behind on their mortgage payments. The services provided by a housing counseling agency are free of charge. A local counselor can assess your situation and inform you of the different options available, such as loan modification, forbearance and mediation. Entering into
