Loans, Mortgage Forgiveness, and Other Options to Stop Foreclosure in New Jersey

The United States housing market is still far from healthy, with many families struggling to stay afloat in a tumultuous economy. Home foreclosures are on the rise in New Jersey, and many people are finding themselves in danger of losing their homes. Foreclosure is always a last resort for any homeowner – so it’s good news that most homeowners can find relief by contacting their lender about one of the programs below. Read on for information on loans to stop foreclosure, mortgage forgiveness options, and more.

NJ Foreclosure Rescue: Helping You Navigate Foreclosure with Effective Alternatives

  • Loan Modification: Our experienced team can assist you in negotiating with your lender to modify the terms of your mortgage, making it more affordable and sustainable.
  • Refinance Mortgage: We help you explore refinancing options to replace your current mortgage with a new one, potentially offering lower interest rates and monthly payments.
  • Pre-foreclosure Sale / Short Sale: If you’re unable to afford your mortgage, we can guide you through the process of selling your home before foreclosure, helping you avoid the negative impact of foreclosure on your credit.
  • Reinstating Your Existing Loan (AKA Forbearance): We work with lenders to help you reinstate your loan by developing a repayment plan or negotiating a temporary suspension of payments.
  • Sheriff Sale Postponement: If your property is scheduled for a Sheriff’s Sale, we can assist in requesting a postponement to provide you with additional time to explore alternatives.

Expert Guidance

If selling your home before foreclosure becomes necessary, we provide guidance and support throughout the pre-foreclosure sale or short sale process to minimize the impact on your credit. Additionally, we work with lenders to reinstate your existing loan through repayment

Negotiation with Lenders

If your property is scheduled for a Sheriff’s Sale, we can help request a postponement, providing you with crucial time to explore alternatives. With our expertise and comprehensive assistance, NJ Foreclosure Rescue is committed to helping you find the best solution for your foreclosure situation.