Options to Avoid Foreclosure
If you cannot afford your monthly mortgage payments and wish to avoid foreclosure, you may be eligible for a loan workout or modification. We determine eligibility for loan workouts on a case-by-case basis. Among other things, we will consider the value of your property and your ability (based on your current income) to make monthly mortgage payments in accordance with the workout. You may also qualify to refinance your current loan with us.
Documents You’ll Need to Bring
If you are interested in exploring any of the options mentioned above, you will need to provide us with certain financial information, including the following:
• Your most recent pay stub
• List of current monthly expenses
• Your most recent tax return
• Current bank statements
• A current valuation of your property (appraisal)
Discuss Your Options With Northern California National Bank
If you would like to discuss your options to avoiding foreclosure, please contact the Lending Department of Northern California National Bank at (530) 879-5900 or (800)-707-5663.
You may also contact the Department of Housing and Urban Development (HUD) to find a HUD-certified housing counseling agency at (800) 569-4287. Additional information is made available by HUD on its website at http://www.hud.gov.