That Old Adage : "An ounce of prevention is worth a pound of cure" is certainly applicable when it comes to preventing home foreclosures. By the year 2010, 12 million homeowners will face the possibility of foreclosure. And many of these homeowners will not be aware that they can prevent foreclosure and save their home.

Frequently Asked Questions:

What is Loss Mitigation?

Loss Mitigation is a banking term used to describe policies and strategies used by lending institutions to minimize the risks and financial loss incurred as the result of a defaulting borrower.

How can you help me avoid foreclosure?

After speaking with you over the phone, and determining that if you were current today you could resume making your mortgage payments, we would design a workout plan based on your financial circumstances.

When should I begin to seek help?

The sooner the better! Keep in mind that time is working against you as your lender moves forward to sell your home. Once you realize you can’t make all the back payments to bring the mortgage loan current, you should seek assistance.

Does it matter as to what type of mortgage loan I have?

Not at all! We resolve all types of mortgage loans such as FHA, VA or Conventional loans.

I really can’t afford to keep my home. So should I just do nothing and let the mortgage company foreclose?

Absolutely Not! Even if you can’t afford to keep your home there are still circumstances you would like to avoid. First you would want to avoid the stigma of having a foreclosure on your credit report and avoid any possible tax liabilities.

We use a two-step process to pre-qualify you for mortgage resolution. We have a huge case load and, by using a pre-qualification process, we don't waste your time or ours if you cannot qualify. First, we take you through a questionnaire and then we fill out an application to determine your financial condition with you over the telephone to see if you qualify.

The whole process takes about 20 minutes. Can you spare that much time to help us fight to save your home from foreclosure? If so, please fill out the application form below and submit it to us. Please be sure to briefly describe your situation including the number of months that you are behind in your mortgage payments. Tell us the best time to contact you and we will get back to you as soon as possible.