Loan Modification Options

1) Foreclosure Auction
Go through foreclosure process allowing home to be sold at auction to the highest bidder

2) Deed In Lieu of Foreclosure
Coordinate with your lender to give property back

3) Short Sale
The sale of your home when proceeds fall short of what is owed on the mortgage. (Lender must approve)

4) Investor
Depending on situation, Investor may want to partner to save or buy home.

5) Forebearance
A temporary reduction or suspension of monthly loan payments

6) Loan Modification
Lower/Lock Interest Rate, Lengthen Amortization, Principal Balance Reduction.