Myth #5: Get the Facts on Foreclosure

The final video in our Get the Facts on Foreclosure series combats the myth that you should give up and face foreclosure if you are having trouble reaching your lender.

Whatever you do, don't walk away from your home and don't give up! Lenders are working hard to answer calls from homeowners in situations like yours and it may take more time than you'd expect to get through. Reaching out as soon as you think you may fall behind on your mortgage is key -- the sooner you connect, the better the chance they can help you.

For more resources on getting help with your mortgage, go to: http://www.freddiemac.com/avoidforeclosure/

Category:

Education

Tags:

• Avoiding Foreclosure
• Freddie Mac
• Foreclosure Help
• Making Home Affordable
• Housing Counselor
• Mortgage Modification
• Mortgage Workouts
• Mortgage Help
• Working with your Lender