How this works
You have NO OBLIGATION. There is no credit check and no social security number required
Loss mitigation covers the many options available to both lenders and borrowers looking for ways to avoid foreclosure. Loss mitigation can be initiated by either the lender or the borrow and negotiated directly between the parties, or by a professional third party working in the best interest of the homeowner. The main goal of loss mitigation is for the homeowner to keep their property and for the bank to minimize their losses. Typically it is necessary for the borrower to arrange a way to pay off their mortgage plus any late payments that may have accrued. The repayment plan is arranged so that the payments are realistic for the homeowner to actually pay off.
Below are some of the loss mitigation options available to borrowers: