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Sometimes life gets you, and your mortgage payments get behind. It is an unfortunate situation for many people, but help is available. First off, a word of caution: There are people and companies out there that prey on those in need. You may be contacted by "foreclosure specialists" and investors who will want to buy your home, and most of these options are bad. Follow my advice first off, and see if you can't save your home.

Step 1 to the process is to admit to yourself that you are in trouble. So many people won't admit it and soon 1 payment behind becomes 4 payments behind. Be realistic. If you can't make the payment take action right away. You have to understand that, contrary to your belief, your lender does not want your home back. Foreclosure is expensive for everyone and only the attorneys and investors make money. What your lender wants is for you to make up your payments, get back on track, and make a payment each month.

So now that you know you have a problem, what next? CALL YOUR LENDER ! I can not say that strongly enough as they have people trained to assist you. It will be frustrating, it will take many hours of being on hold as there are many people in the same situation they are trying to help, and yes, they are very shorthanded. You may have to write a letter as to why you are behind, you may have to have proof of medical bills or job loss, and the most embarrasing part is you may have to disclose all your bills, income, and debt. It is all a little humiliating, but not near as bad as moving from your home in the middle of the night so your friends don't see you. So, suck it up, wait the hours on hold, and prepare the paperwork they ask for. It is not an easy process or a quick process but if you can save your home, it is worth it. Repeat after me, I CAN DO THIS.

Lenders can help you get back on track. They can restructure your loans for you, add some payments you missed to the end of your loan, reduce your payments for a few months till you catch up, and provide all sorts of guidance. But they can only help you if you call and talk to them. If they have to find you by then it could be too late for help. Please call your lender and see if you can work something out.

Stay tuned here for other assistance in case this does not help.