Florida Loan Modifications has been serving families like yourself for more than 25 years. We serve loan modifications to clients locally here in Florida and Nationwide. Please use this site as a resource to learn more about loan modifications and how they can help your family save your home from foreclosure.

3 Tips to Stop Mortgage Foreclosure NOW

Posted 25 Apr 2008

The first step to avoiding foreclosure is to seek help. Contact HUD and your local government for resources to help you avoid foreclosure. A number of resources are available for homeowners facing foreclosure.

The second step is to contact your mortgage broker and see if you can re-negotiate your rate or inquire if you’re available for foreclosure protection. If you are eligible, you will be able to re-negotiate your debt and save your home.

The third step is to continue paying off your mortgage and try to reduce other auxiliary debt. Transfer high-interest credit card balances to one account and continue to pay down the bills as best as possible, but remember you must pay your mortgage. If you miss more than 3 payments, you could lose your home.