The process starts with a conversation between you and your Caliber Cares Representative. They will review your current situation, help you look at your options and assist you in moving forward.
Staying in your home
If you can't afford your current mortgage and want to stay in your home, a loan modification might help by changing your loan terms to make payments more affordable. For more details view Loan Modifications page.
Need help getting through a temporary hardship like Unemployment? A forbearance can temporarily reduce or suspend payments. For more details view Forbearance Plans page.
Did you fall behind on your payments due to a temporary hardship but are ready to get back on track? A repayment adjusts your payments to get your past due amount repaid. For more details view Repayment Plans page.
Alternatives to Foreclosure
If you can't afford your current mortgage and staying in your home is not an option, a Short Sale might help you avoid Foreclosure. It allows you to sell your house for less than you owe and may release you from having to repay the remaining mortgage balance. For more details view Short Sale page.
Deed in Lieu of Foreclosure
If you can't afford your current mortgage and staying in your home is not an option, you may be able to avoid foreclosure without selling your home. A deed in lieu of foreclosure allows you to release your home to Caliber Home Loans voluntarily. For more details view Deed in Lieu of Foreclosure page.
Third Party resources are available if needed. Please click here to view several options.