FAQs
What happens if I can't make my increased payment on my buydown loan?
Transitioning to your full mortgage payment after a temporary buydown period ends can be a significant financial adjustment. If your financial situation has changed and you are worried about affording your new payment, you are not alone.
Don’t wait until you miss a payment:
The best time to ask for help is before your account becomes past due. The earlier we know about your financial hardship, the more flexibility we have to assist you and protect your credit.
We are here to help:
There are several hardship and loss mitigation programs designed specifically to help homeowners navigate tough financial transitions. Please contact us right away so our team can review your specific situation and guide you through the payment assistance options that may be available to you.