Delinquent on Mortgage Payments

October 15, 2009 by  
Filed under Delinquent on Mortgage Payments

To be delinquent on mortgage payments is the same as being behind on your mortgage payments.  If you are a homeowner who has fallen behind on mortgage payments, it is extremely important to contact a counselor.  A loss mitigation counselor will be able to walk you through the steps that need to be made in order to prevent foreclosure.  There are several options available to homeowners who are delinquent on their mortgage payments.  Some of which include deed-in-lieu, loan modification, and short sale.

Housing Assist Coldwellbanker