If you have suffered a financial hardship and are unable to maintain your loan, or if you need to sell the property but can’t afford the expenses associated with the sale or are unable to bring money to closing, it is possible that the lender may be able to accommodate you with a short payoff. If this is an option you wish to pursue, you must inform the loss mitigation specialist assisting you immediately. There may be tax ramifications associated with any short payoff or foreclosure.  

Click here if you want to talk to a loss mitigation specialist about participating in this program.