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Finding financial solutions for a better tomorrow.
Vision Investment Partners has a number of options to help you with whatever situation you and your family might be in.
Options to Keep Your Home
Forebearance
Forbearance is available if your financial situation is temporary and you will be able to make your mortgage payments within the near future. If you can, we may be able to help you negotiate a temporary forbearance - either delayed payments or reduced payments, or both to allow you time to bring the account current.
Repayment Plan
A Repayment Plan is available if you can make your regular payment plus an additional amount per month until the loan is brought current. This option may follow a temporary forbearance.
Modification
Modification is available in curing the delinquency by modifying the terms of your mortgage/deed of trust to add a portion of the past due amount to the current unpaid principal balance. Extending the maturity date and adjusting the interest rate may also be considered, when necessary, in order to make the monthly payment affordable.
Claim Advance
Claim Advance is available if your loan has mortgage insurance. And you may meet the requirements of the mortgage insurance company for a loan to bring the account current.
Options if you have to Sell Your Home
Short Sale
If you can no longer afford your home and the property's sales value is not sufficient to pay your loan in full, we may be able to negotiate less than the full payoff amount as settlement.
Loan Assumption
If you have a qualified buyer who would like to assume your mortgage loan, we may be able to help negotiate this transfer of ownership, even if your mortgage/deed of trust states that the loan is non-assumable.
Deed-in-Lieu
If you have had the property listed for sale at fair market value for 90 days with no activity, you may be eligible for a deed-in-lieu. If you qualify, we would agree to accept title to the property by warranty deed as settlement of the account.
If you need help and you are willing to take the first step, please contact us.
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