If you fell behind on payments due to a temporary hardship, but are now in a better position financially, talk to us about a repayment plan. It may give you a manageable way to catch up.
How a repayment plan could help
- Missed payments are divided into manageable amounts and spread out over time.
- By catching up as soon as possible, you keep a temporary problem from having longer-term effects.
- It may be less damaging to your credit score than a foreclosure sale.
During the repayment period, your payments may be much higher than your regular payment amount. We'll need to make sure your income can support those payments before starting your plan.