Avoid the Foreclosure Process with Avoid the Foreclosure Process with Nationstar MortgageNationstar Mortgage

Nationstar Mortgage is a leading mortgage lender that offers multiple options to help people avoid the foreclosure process. They have maintained a reputation as a well-established mortgage lender and servicer, offering conforming Fannie Mae, FHA, FHLMC, VA, Jumbo and USDA products directly to consumers. The company offers multiple options for people who may be struggling with their mortgage payments. Nationstar is committed to preserving communities and neighborhoods through continued homeownership. With an aim to stabilize the housing market as well as help people avoid foreclosure, Nationstar Mortgageis a BBB accredited company and provides complete information about the Making Home Affordable Program online.

The foreclosure process can be a stressful experience for homeowners. A Notice of Default is typically sent to the owner of the house when mortgage payments have not been received on time. The Notice of Default sets a date by which the homeowner must pay the balance in order to avoid further proceedings. In the event the homeowner fails to make the payment by the given date, the foreclosure process will continue and the lender may seize the property. To avoid this situation, borrowers must know their options and understand the solutions that are available when faced with foreclosure.

Nationstar Mortgage, LLC works with borrowers in danger of foreclosure through options such as forbearance, repayment plan, modification, short sale and deed-in-lieu. The forbearance option is well suited for temporary hardships, as it allows homeowners time to get their finances back on track without the worry of losing their home. The modification option on the other hand, allows them to stay in their home with a mortgage payment modified based on their current income and ability to afford the home. A short sale enables the borrower to potentially market and sell their home to relieve them of all or a portion of the mortgage debt. A deed-in-lieu involves the homeowner’s decision to transfer the title of the home back to the lender’s possession. For more information, please visit www.nationstarmtg.com

Thank You