Important Information: IMPORTANT FRAUD ALERT: Members have alerted CBC FCU of fraudulent attempts via messages and phone calls, falsely claiming to be the CBC Fraud Department. Fraudsters aim to gain access to account and identification information by posing as a CBC Associate. If you did not initiate contact with CBC FCU, DO NOT share any personal identification information, One Time Passcodes/Security Codes, or your CBC Account/Card numbers. If you suspect you’re a victim of this scam, please contact CBC immediately at 805.988.2151. Our team will help secure your account.

Financial Hardship Assistance

Facing a financial hardship that is making those monthly mortgage payments a challenge? Our team of real estate experts at CBC can present options that could potentially help before it’s too late. Whether you’ve fallen behind on payments or are simply worried you soon might; give us a call or chat with us today! You may also visit from Fannie Mae to learn more about avoiding foreclosure.

Avoiding Foreclosure: Know Your Options

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:

  • Loan modification
  • Extension of payments or temporary suspension of payments
  • Short sale

Before you contact CBC with your mortgage concerns, have these documents ready to help the process move swiftly:

  • CBC account number
  • Most recent paystubs and W-2 tax statements
  • Current bank statements for checking savings, 401k, etc.

More Resources

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.

Forgot password?
You are leaving the CBC Federal Credit Union website

You are being directed to a third-party website.

Please note that this third-party website is not controlled by CBC Federal Credit Union or subject to our privacy policy.

Thank you for visiting our site. We hope your visit was informative and enjoyable.