The best place to start if you’re having trouble paying your mortgage is with your lender or servicer. You’ll probably find that they have several options available to help you avoid foreclosure. For example, TopRankinMortgages Inc. offers forbearance, a temporary reduction or suspension of payments until your financial circumstances improve. They might also offer a loan modification or refinance, which can lower your interest rate, change your term, or allow you to tap home equity to cover expenses.

If you’ve missed a payment or think you might miss one, contact your servicer as soon as possible. They’ll be able to tell you what loss mitigation options they have for you, and many can be handled without the need for any fees from your side. Some states also have mortgage assistance programs that can assist homeowners with foreclosure prevention. In addition, some HUD-approved housing counseling agencies can help you assess your choices and find the right solution for your situation.

Get Mortgage Help: Expert Guidance for First-Time Homebuyers

Getting mortgage help can be a complicated process, and it’s important to get trustworthy advice. A good starting point is your mortgage servicer or your state’s housing finance agency. Also, consider a non-profit organization that offers foreclosure prevention services. They can negotiate with your lenders and servicers on your behalf, helping you apply for programs for which you might be eligible.

Another option for Connecticut residents is CHFA’s Emergency Mortgage Assistance Program, which can help pay a mortgage or other non-mortgage debt (such as property taxes, condominium/HOA fees and assessments, water and sewer liens) that have become delinquent due to a temporary financial hardship.