Options for Homeowners Who are Underwater on their Mortgage

🔹 1. Short Sale

Sell the home for less than what you owe—with lender approval. Benefits:

• Avoids foreclosure

• Less damaging to credit

• May qualify to buy again sooner

• Often no out-of-pocket cost if approved, I can guide you through the short sale process from start to finish.

🔹 2. Loan Modification

Work with your lender to change the loan terms—such as interest rate or payment amount—to make it more manageable. Best for: Homeowners who want to stay in the home and can demonstrate hardship.

🔹 3. Refinance with a Special Program

Depending on your loan type (FHA, VA, etc.), some lenders offer streamlined or government-backed refinance options—even if you're underwater. Available in limited cases—let’s check your eligibility.

🔹 4. Rent the Property

If you can rent the home for enough to cover the mortgage (or close to it), renting it out may buy you time until the market improves. This option can be especially helpful in rising rental markets.

🔹 5. My Exclusive Cash Offer Program

Need to sell fast, even if you’re upside down? I work with investors and cash buyers who may be able to purchase your home as-is—even if it’s underwater. No showings, no repairs, and no open houses. I handle the details for a stress-free sale.

🔹 6. Deed in Lieu of Foreclosure

You voluntarily give the home back to the lender instead of going through foreclosure. Note: This still impacts your credit, but may be slightly less severe than a foreclosure and can help you move on.

Let’s Talk About Your Best Option. Text or Call

951-500-1998

Every situation is unique, and the best option depends on your goals, timeline, and financial picture. I offer confidential, no-pressure consultations to help you understand your choices and take the right next step.

📲 Reach out today to talk through your situation. You’re not alone—and you do have options.