We understand that our Members may occasionally experience challenges that make it difficult to meet their financial obligations. If you’re facing difficulties making your payments, the best thing to do is call us as soon as possible!
With You All the Way™
We’re here to help you find the best options. Our goal is your goal - to keep you in your home. We have options that may be available to help you during these difficult times.
• Repayment Plan - Catch up with missed mortgage payments by
creating a schedule for repaying the past-due amounts.
• Loan Modification - Changing the terms of the mortgage to make
payments more affordable.
• Forbearance - Allowing reduced or suspended payments for a short
period of time, after which another option will be agreed upon to bring
the loan current.
Take Action. Be Prepared.
You’ll need these financial documents available when you meet with us.
• Most recent pay stubs
• Most recent W-2 tax statement
• Most recent bank statement
• Letter describing your financial difficulty and its impact on your
financial situation
• Written description of your income and expenses
• Financial statement
Impact of Past Due or Missed Payments
The sooner you call us the more options you’ll have to avoid the start of a foreclosure action on your property. A formal foreclosure will damage your credit rating, resulting in a negative impact on your ability to borrow money in the future.
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