12 Things You Should Know When Contacting Your Lender

1. Always open your mail and call your lender immediately.
2. Ask for alternatives to foreclosure.
3. Provide any information requested by you lender.
4. Be honest about your financial status.
5. Be ready to change your spending habits.
6. If you need additional assistance call a financial advisor.
7. Failure to respond may result in further foreclosure actions and costs.
8. Ask questions:
about the time-line.
can foreclosure be postponed.
what are your obligations.
9. You can save money by getting coverage for homeowners insurance.
10. Stay in contact with your lender.
11. Be realistic about your financial condition.
12. Understand the service is trying to ensure a positive result for you.

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