First Steps to Take When You’re Behind on Your Mortgage

STEP 1

Don’t Panic—Take Action Now

Falling behind on your mortgage? Learn simple, immediate steps to stabilize your situation and protect your home. Find helpful tips today!

When you miss a payment, it’s easy to feel overwhelmed. But acting quickly can stop the problem from getting worse. The sooner you start, the more options you have to save your home.

STEP 2

Contact Your Lender

Call your lender as soon as possible. Explain your situation—they might offer help like a payment plan, loan modification, or temporary forbearance. Lenders want to work with you to avoid foreclosure.

What to Say to Your Lender:

Be honest and polite—they’re there to help.

“I’m facing financial trouble but want to stay current on my mortgage. What options are available?”

STEP 3

Create a Budget

Look at your income and expenses to figure out where you can cut back. Free up money to prioritize your mortgage payments.

Easy Tips to Cut Costs:

Cancel subscriptions you don’t need.

Cook at home instead of eating out.

Delay big purchases until you’re back on track.

STEP 4

Know Your Rights

Learn about foreclosure laws in your state. In most cases, lenders can’t take your home immediately—they have to follow a legal process.

Did You Know?

Some states have redemption periods, giving you time to catch up even after foreclosure starts.

STEP 5

Explore Mortgage Assistance Programs

There are programs designed to help you:

Government Assistance: Check for HUD-approved counseling or local programs.

Nonprofits: Some organizations can negotiate with your lender for free. Get tips on what to do if you are behind on your mortgage from our free resources page.

STEP 6

Talk to a Foreclosure Defense Expert

If you’re worried about losing your home, an expert can guide you. At Easy Exit, we specialize in helping homeowners stay in their homes or explore options to sell with minimal stress.

How We Help:

Delay or stop foreclosure.

Negotiate with lenders.

Offer creative solutions for your unique situation.

Get free tips and articles from our resource center including what to do if you are behind on your mortgage.