If you are facing foreclosure, donâ€™t become a victim of a scam.
If someone contacts you out of the blue claiming to represent your lender or a government-approved agency, itâ€™s probably a scam.
Paying a third party wonâ€™t help you get approved for a loan modification.
That is your lenderâ€™s decision.
Avoid companies that:
– Demand payment up front
– Tell you not to have any contact with your lender
– Instruct you to send mortgage payments to a different address
– Pressure you to sign over your deed
Only sign documents if your attorney has reviewed and explained them.
Work with your lender and a housing counseling agency to avoid foreclosure.