First Bank Mortgage - Featured Program

	Foreclosure Prevention

	If you have experienced a financial hardship that prevents you from making your payments, you might qualify for certain alternatives such as a repayment plan, a modification of the loan term, a preforeclosure sale, or a deed-in-lieu of foreclosure. A preforeclosure sale allows you to sell your home and use the net proceeds to satisfy your mortgage debt even though the proceeds are less than what you owe. A deed-in-lieu of foreclosure will convey your interest in your home to us to satisfy your mortgage debt. Please contact us at 800-876-5566 to discuss your situation and explore these options. At the time you contact us, please be prepared to discuss your monthly income and expenses by having the following information available: Completed Borrower Financial Statement (attached below) A breakdown of your monthly expenses, e.g., car payment, utilities, etc. Copy of the most recent pay stub(s) with year-to-date earnings for all liable parties Copy of the most recent bank statement(s) Additional counseling resources are available through Housing and Urban Development (HUD) by calling 800-569-4287 or by searching online. Additional online resources available through HUD are "Tips for Avoiding Foreclosure" and a brochure on "How to Avoid Foreclosure".