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Special funding was provided by the federal government to states hit hard by the economic downturn to help financially stressed homeowners. Wells Fargo works with the states that participate in the Hardest Hit Funds program.
Don’t wait. A conversation with your Wells Fargo home preservation specialist - your dedicated point of contact throughout the process - will help you understand if you qualify for one of these approaches.
|
Forbearance
|
Repayment |
Loan modification |
Short sale |
Deed in lieu |
|
|---|---|---|---|---|---|
| Allows you to keep your home |
Yes
|
Yes
|
Yes
|
||
| Helps you leave your home without foreclosure |
Yes
|
Yes
|
|||
| Changes your loan terms
|
Yes
|
||||
| Provides assistance for temporary hardships
|
Yes
|
Yes
|
|||
| May provide cash moving incentive |
Yes
|
Yes
|
Special programs may be available through your state
Tip
Are you still current on your mortgage payments? Consider refinancing your mortgage if you want to lower your payments or switch to a fixed-rate loan.
Related information
Call 1-800-678-7986 for help with your payment issues.
