No one sets out to buy a home and then lose their job, or have their health fail. Things happen, and if things have happened to you to put your home ownership at risk, please reach out to your mortgage company. If they can help mitigate some of the loss, and work with you on payment reduction or delays, they will. Contacting your mortgage lender or lien holder at the beginning of your crisis, can also help you ward off fees that you may incur for late payments and service charges. This ultimately will effect your credit, but not as severely as a foreclosure. The call may take some time, so prepare yourself, but do it today!
Claude Cross
Claude Cross
704-975-1733
 JCross
Jane Francis Cross 704-608-0228
Resources:
6420 A1 Rea Road Suite 359, Charlotte NC 28277

 Licensed in both North and South Carolina-

Serving Charlotte Real Estate Needs Since 1994

Loss Mitigation Resources for Distressed Properties

Before it Forecloses-Loss Mitigation

This is a sad, bad time for many home sellers.
If you are in financial despair, and you risk losing your home, please contact the loss mitigation department of your mortgage lender.

They are in position to help you.
Get the name and extension of the person you speak with.

You may very well be able to strike some sort of deal, to help you keep your home and relieve a little bit of your stress in doing so.

We wish you the best of luck in this process!

Loss Mitigation Telephone Numbers:

  • Ameriquest 800-211-6926

  • BOA   716-635-2982

  • Chase 1-800-446-8939-3553

  • CitiMortgage 636-256-5088

  • CountryWide 888-435-3102

  • GMAC 800-850-4622

  • US Bank 888-780-3997

  • Wells Fargo 866-261-5642
 
The suggestion is to always try and talk with the same person...good luck with that!

These numbers are also good for collections, as they can guide you down the path to that number.

Remember, it's a sign of the time. You are not unique in this crisis, nor are you alone.

Your best chances are to call as soon as you can, and be persistent, open and honest with the person you are speaking with.