Your lender may offer a variety of foreclosure prevention loans, but they generally boil down to these approaches:
More detailed information regarding these options is available from your loan servicer. Prior to contacting your lender, gather loan documents and review them. Having your deed of trust, promissory note, closing escrow statement, and disclosure statements in hand will be beneficial. Seeking help before you miss a payment is also wise when you seek assistance from foreclosure prevention programs outside your bank. Some new programs will turn you away if you have been delinquent even once.