Common Questions

Where do I wire the funds to reinstate the loan?

Contacting the attorney who is representing the "plaintiff" or lender in this case. Ask the attorney to send mail or email with the account information.

How long does mediation take?

Mediation can vary depending on lender, on average it can range from 2 - 3 weeks for a response.

Will my lender let me do a reverse mortgage in foreclosure?

Re-organization bankruptcy, is a legal proceeding that enables individuals with a regular income to develop a plan to repay all or part of their debts over a period of three to five years

What is chapter 13 Bankruptcy?

What is a deed in lieu?

A deed in lieu of foreclosure is a voluntary agreement in which a homeowner transfers ownership of their property directly to the lender to satisfy the mortgage and avoid a foreclosure process.

Typically, yes a reverse mortgage doesn't require sufficient credit. Although sufficient equity is required and age factors involved.