Foreclosure homes    Stop Foreclosure California - Foreclosure Help



    Stop Foreclosure    Foreclosure Help    Foreclosure Information

Alternative Financing to Prevent Foreclosure

Discover sources of financing in California

Government help for borrowers of conforming loans

You may get assistance from the federal government easier if your loan conforms with the standards issued by Fannie Mae, Freddie Mac as. This increases attractiveness of your loan in the secondary markets.

How can you get a Cal-Vet loan?

California Department of Veteran Affairs (Cal-Vet) loans can help you in two ways:

  • Cal-Vet repossesses your home if you apply if you are in delinquency situation
  • Cal-Vet negotiates with your lender for a better solution to avoid foreclosure


Do you have Private Mortgage Insurance?

If you obtained a Private Mortgage Insurance (PMI) to obtain your mortgage loan due to low down payment, then, a part of your loan is guaranteed by your PMI company. This gives you an advantage in negotiating your debt.

Win-win financing with friends and relatives

Banks make money on the interest rate margin between the deposits and loans. Your offer an interest rate higher than the current interest rate on deposits may attract some people around you to lend you some money. They earn a higher yield and you reduce you cost of borrowing.


Need help? Review your options to get foreclosure help by professionals (lawyers specializing in foreclosure, foreclosure consultants registered to assist homeowners subject to foreclosure, debt counselors, and real estate agents in California), California state agencies, county agencies in California, consumer advocacy groups, and nonprofit organizations in California.