Repayment Plan

A re-payment plan will let you repay part of the delinquency each month along with your regular monthly installment. This is the simplest way to resolve a delinquent loan.

A repayment plan is the obvious solution if you have realized a short term financial hardship but now are back on your feet and have the income to support a larger than normal mortgage payment. You will be asked to make your normal payments and make some additional payments for the amount you are behind.

To see if you qualify for a repayment plan please sign in and open a new case here. We will help you fill out a simple financial statement and will need to prove your ability to handle both your normal payment plus about 5% of the amount necessary to reinstate your loan.

Lenders are typically very willing to negotiate a repayment plan in order to avoid a costly foreclosure process. Please remember that it takes time and the sooner you open a case the better for both you and your lender.