Keep your Property

Unfortunately you may find yourself in a situation where you are struggling to make your monthly mortgage payments. If you want to stay in your home, there are some options that might be able to help you out, before you decide to sell.


If you meet the required eligibility criteria, one option is the "Home Affordable Refinance Program" (HARP), which offers a number of programs. Information on HARP can be found at or call 888-995-HOPE (4673).

The sooner you reach out for help, the more options may be available to you.


Contact your lender as soon as possible and do a so called lender workout.

  • In forbearance, the lender spreads the back payments, fees, penalties, etc., over a fixed number of upcoming payments to allow you as the borrower to catch up.
  • With loan modifications, lenders will often work with you, the borrower, to help them keep the home by reducing or rolling back interest rates, forgiving back payments or adding them to the loan amount or possibly re-casting the entire loan into a fixed rate that wraps all the fees into the new loan.

Contact your lender right away if you feel that you are in a position that you cannot make your monthly payment anymore. Do not stop making the monthly mortgage payment!

If these options do not work for you and you cannot stay in your property check here:

Dylan Wolf
Bellevue Commons
(253) 249-1221  |  (425) 462-8000  |  134386   |