What are the key points to remember?
Don’t lose your home and damage your credit history Call or write your mortgage lender immediately and be honest about your financial situation Stay in your home to make sure you qualify for assistance Arrange an appointment with a HUD-approved housing counselor to explore your options toll free at (800) 569-4287 or TDD (800) 877-8339 Cooperate with the counselor or lender trying to help you Explore every alternative to keep your home Beware of scams Never sign anything you don’t understand. And remember that signing over the deed to someone else does not necessarily relieve you of your loan obligation Act now. Delaying can’t help. If you do nothing, you will lose your home and your good credit rating!