Behind on Your Mortgage? Start With Your Options — Not Your Assumptions.
Home Retention helps homeowners understand available options when they are behind on payments, denied a modification, facing foreclosure, having trouble with a mortgage servicer, or unsure whether remaining in the property is realistic.
I Want to Keep My Home →
Review loan modification, loss mitigation, hardship preparation, affordability, and servicer communication.
I Need Legal Help →
Explore qualified attorney review for denials, failed trial modifications, servicing disputes, and trustee-sale deadlines.
I May Need to Move On →
Review responsible exit alternatives when retention is no longer realistic or desired, without pressure.
Ignoring the problem won’t stop the foreclosure clock. The earlier you understand your options, the more options you may still have.
Three Clear Paths. One Informed Starting Point.
Understand the Situation Before Choosing the Solution
Mortgage difficulty is rarely solved by waiting. Home Retention helps homeowners organize the facts, understand available pathways, and prepare for informed conversations with mortgage servicers and qualified professionals.
Retention Comes First
If you want to remain in the home, begin with affordability, hardship documentation, loan-modification history, loss-mitigation possibilities, and careful servicer communication. No program or approval is guaranteed, but early preparation can help preserve options.
Legal Review When Circumstances Warrant
A modification denial, failed trial modification, servicing dispute, bankruptcy issue, Notice of Trustee Sale, or other deadline may raise legal questions. Home Retention is not a law firm and does not provide legal advice. A qualified attorney determines the scope of any legal review and available options.
A Responsible Path Forward
If keeping the property is no longer realistic—or you decide you no longer want to remain—responsible exit alternatives can be reviewed without pressure. Retention feasibility, homeowner goals, timing, equity, and legal circumstances should be considered first.
Start with the Homeowner Assessment so your goals, mortgage information, prior modification attempts, hardship, affordability, foreclosure status, and any trustee-sale deadline can be identified.
Our clients don’t give up. They fight for their homes, their credit, and their families — and we them fight by showing them how to do it.
Don’t let foreclosure take everything. Let’s fight smarter.
🛡 #HomeRetention #ForeclosureHelp
Ignoring the problem won’t stop the clock.
Act early to preserve more options.
Surplus Guidelines Often Over Looked Very Important!
Surplus Guidelines for Loan Modifications (funds remaining after all expenses are paid)
Let me give you a little information on surplus and loan modifications. This will be short and sweet. Each lender operates a little different from one another.
Each have their own in-house policies that could be completely different from their competitors. Even though they share common ground - providing service, some of their practices are somewhat different from each other.
Given this, each lender have their own guideline for surplus. Overall, they want to see if there is enough funds remaining after all expenses are paid.
Very few will allow the surplus to be in the red to consider you for a loan modification. Most of them would like to see a percentage, again depending upon who the lender is, at the end of each month, on average, after bills are paid.
Surplus not suitable for a loan modification:
•surplus too large - lenders will look at this as you can afford your existing mortgage and will probably decline your request to modify.
•surplus too small - lenders will look at this as you cannot afford your current mortgage and will not want to invest in re-constructing your loan.
They may advise you to cut costs or find additional employment to meet their guidelines. If you are working with a firm that’s negotiating for you, they should help you create a budget and explain to you what your lender want to see.
This is a HEADS UP for you! If you’re handling your own modification with your lender, go over your budget.
Take your income and subtract it against your expenses. There should be at least $200.00 remaining after all bills are paid. If not, look to see what costs you can cut.
Poor money management is a large reason why most modifications are not approved. The lender will see through that and quickly will tell you they will not help you.
