If you are experiencing a hardship and need a mortgage assistance program, you may be required to provide certain information including (but not limited to):
Prior year’s W-2 or Tax Return (if self-employed)
Copy of P&L statement (if self-employed)
Letter of hardship
Current bank statements
When you submit your information, it must include a completed and executed Mortgage Assistance Application (RMA). The RMA outlines additional documentation that must be provided with your application. This additional documentation is based on your applicable financial situation and intent with the home.
To discuss options for avoiding foreclosure, please contact at 1-800-ADLOANS
If you would like counseling or assistance, you can contact the U.S. Department of Housing and Urban Development (HUD): For a list of homeownership counselors or counseling organizations in your area, go to http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm or call 800-569-4287.
Any questions about the insurance and property taxes; including renewals, changes and cancellations; force placed insurance, escrow disclosures and insurance claims (loss draft); or any other insurance/property taxes related matters.
If you’re struggling to make payments on your mortgage, you might be eligible for loss mitigation. Loss mitigation has flexible mortgage repayment terms based on your financial hardship, giving you the chance to keep your home and avoid foreclosure.