SALES & TRANSFER OPTIONS

NEW GOVERNMENT SPONSORED OPTIONS

TRADITIONAL REFINANCE OPTIONS

Loss Mitigation provides homeowners with mortgages in default alternative solutions to home foreclosure. Every homeowner’s situation is unique and each lender has their own policies and procedures regarding the use of these programs to stop foreclosure. There are various programs available through government agencies such as FHA, VA, Fannie Mae, and Freddie Mac specifically designed to prevent foreclosures.

Since most loans are guaranteed directly or indirectly by government agencies, lenders and the government believe it is in the best interest of all parties to get homes refinanced or sold in the quickest possible manner.