Holiday Closure: In observance of the Memorial Day Holiday, branches will be closed on Monday, May 28th, 2018.
Facing a financial hardship that is making those monthly mortgage payments a challenge? The team of real estate experts at CBC can help by presenting options that could potentially help before it’s too late. Whether you’ve fallen behind on payments or are simply worried you soon might, if your mortgage is with CBC give us a call to talk options: 805-988-2151 or 800-477-2890. You may also visit KnowYourOptions.com from Fannie Mae to learn more about avoiding foreclosure.
Acting quickly in the face of financial difficulties will offer more options for finding the best solution to avoid the start of a foreclosure on your home and potential damage to your credit score. As your lender, CBC would rather work with you to help you stay in your house than go through the foreclosure process.
Potential Options May Include:
Before you contact CBC with your mortgage concerns, have these documents ready to help the process move swiftly:
The U.S. Department of Housing and Urban Development (HUD) sponsors housing counseling agencies throughout the country that can provide advice on buying a home, renting, defaults, foreclosures, and credit issues. You may utilize HUD’s website to select a list of agencies for each state below. You may search more specifically for a reverse mortgage counselor or if you are facing foreclosure, search for a foreclosure avoidance counselor.