What to Do First If You're Facing Foreclosure

If you have fallen behind on your mortgage, the most important thing you can do is act early. The sooner you reach out, the more options you have. Here is where to start.

Open every letter

It is tempting to set the mail aside, but your servicer's notices contain deadlines and options you need to know about. Keep them in one folder.

Call a housing counselor

A counselor can review your situation, explain loss mitigation options such as repayment plans and modifications, and even speak with your servicer alongside you. Our Resources page has a foreclosure packet and checklist to help you gather documents.

Know your budget

Bring a simple budget so your counselor can see the full picture. Sometimes the fix is a temporary plan; sometimes it is a longer-term modification. Either way, the numbers guide the path.

Beware of rescue scams

No legitimate program asks for a large up-front fee to "save" your home. AMEZ counseling is here to help. Contact us before you sign anything you are unsure about.