Foreclosure Prevention
As a community lender First Federal Lakewood understands the need for homeownership. Many Americans may experience situations that are preventing them from making their payments, such as job loss or family illness.
If you have experienced a financial hardship or anticipate a financial hardship that may prevent you from making your mortgage loan payments, you may qualify for certain payment alternatives.
Each situation is evaluated on a case by case basis to determine the best course of action and provide the best solution possible, whether that be a forbearance, repayment plan or other payment alternative. We will review all alternatives available and select the one that best fits your situation.
Our team of experts will review your situation and make a recommendation best suited to your circumstances.
Be advised that submitting the loss mitigation packet will not halt any collection or foreclosure activity if these events have been initiated. It is simply a review to see if you qualify for payment alternatives.
Our goal is to keep you in your home. Don’t wait until you miss a payment. Our Staff is here to help you so contact us today at (800) 966-7300.