Early Delinquency Intervention
Major life changes such as loss of a job, illness or divorce can leave a person facing financial difficulty. Taking action right away is essential in reducing the possibility of foreclosure.
- Don’t ignore the problem.
- Call us and let us know as soon as you have a problem: (408) 264-9000 or toll free (844) 772-0058.
- Open and respond to our letters.
If you are receiving late notices from Foley Mortgage, you need to contact us and let us know the circumstance that caused you to fall behind on your mortgage payment. Don’t wait until it is too late. The sooner we can work with you to get you caught up the better.
Each work-out program will be reviewed on a case by case basis.
Some of the options that may be available are:
- Repayment plan
- Loan modification
- Sale of the property
Below is a list of the financial information you should collect before you call us to discuss possible options:
- Income documentation
- A list of monthly expenses
- Current debt