Facing Money Problems:
Major life changes such as loss of a job, illness, or divorce can leave a person facing financial difficulty. Taking action right away is essential in reducing the possibility of foreclosure.
Don’t ignore the problem.
Call us and let us know as soon as you have a
problem. (408) 371-8882 or Toll Free (888)-272-6809
Open and respond to our letters.
If you are receiving late notices from E.F. Foley & Co., Inc., you need to contact us and let us know the circumstance that caused you to fall behind on your mortgage payment. Don’t wait until it is too late. The sooner we can work with you to get you caught up the better.
Each work out program will be reviewed on a case by case basis.
Some of the options that may be available are:
Reinstatement
Repayment plan
Forbearance
Loan modification
Foreclosure
Sale of the property
Below is a list of the financial information you should collect before you call us to discuss possible options:
Income documentation
A list of monthly expenses
Current debt
Helpful Resources:
U.S. Department of Housing and Urban Development (HUD)
