Foreclosure Prevention

Options may be available to borrowers who are unable to afford their mortgage payments, have a loan maturity, or have experienced a default of their loan’s terms and would wish to avoid foreclosure. We advise such borrowers to explore their options to the fullest extent possible to avoid a possible foreclosure. Borrowers may consider some of the following options:

  •  Sell the Property
  • Refinance
  • Forbearance Agreement (upon lender approval)
  • Loan Modification or Extension (upon lender approval)
  • Property Short Sale (upon lender approval)
  • Rent rooms in your home to help make payments
  • Deed in Lieu of foreclosure

Please consider that many other foreclosure options and alternatives exist in addition to the above list. However, there is not agreement regarding any of these options to prevent foreclosure without a signed agreement between the lender(s) and the borrower(s). Please contact us directly to personally discuss your specific foreclosure prevention options at:

Attn: Foreclosure Prevention Dept.

Superior Home Loans

309 Ray Street

Pleasanton, CA 94566

phone: 1-800-985-9256

email: rebecca@equidy.com

When discussing foreclosure prevention options,  please have the following financial documents prepared to present to your mortgage servicer:

  • Latest two years filed personal tax returns.
  • Bank Statements, including account numbers and bank branch address.
  • Current paystubs, W-2 forms, or other proof of employment & salary.
  • If self employed, please provide a profit and loss statement & latest 2 years of tax returns.
  • If your loan with Superior is not a first mortgage, please provide your other loan’s latest payment coupon.

To find a HUD-certified housing counseling agency, please contact: 1-(800) 569-4287