Foreclosure Bail Out
Foreclosure & Pre- Foreclosure Assistance
We want to help you retain your house if possible, or maximize your return on equity.
What are my options?
- Do Nothing
- Catch Up On Your Payments
- Loan Modification
- File Bankruptcy
- Short Sale
- Foreclosure Bail Out Loan
- Subject To Financing
WHAT IS A FORECLOSURE BAILOUT LOAN?
A Foreclosure Bailout loan is considered an asset-based refinance mortgage, based on the current appraised value of the property or asset. This type of loan program, also known as a Bailout Foreclosure Loan, is an additional loan taken out to refinance and pay off the existing mortgage that is in default. Foreclosure Bailout Loans are to save investment properties from having their properties foreclosed upon by the bank.
If you are facing foreclosure or are 3 or more payments behind in your mortgage, a Foreclosure Bailout loan can help you receive direct funding.
- Investment Properties Only
- Loans up to 60% value
- Up to 12 months term
- Foreign Nationals Eligible
- Appraisal required
