Keeping your New Orleans, Louisiana home when you are seriously late on your mortgage payments!

Boost Your Credit Score, Have Your Mortgage Paid, & Prevent Getting Behind On Your Payments!

 stop foreclosure now in New Orleans , Louisiana


Bringing your Past-Due bank loan balance current can seem impossible, especially when you don’t even know if you will be able to make this months mortgage loan payment.

There are a few options that can help you to avoid foreclosure in New Orleans and maybe even keep your house, even if you are behind in mortgage payments. A whole lot of properties in New Orleans have been lost to foreclosure, but there are many ways to avoid it.

1. Signaling with the white flag

No one really wants to file for bankruptcy. Debts piling up. You feel like you’re being crushed. Bankruptcy will allow you to lift that burden all at once versus having to negotiate with each lender one on one. It is a ton of work, and it will not help you avoid your mortgage. Different creditors will treat your circumstances in different ways. Get the best professional help you can afford if you are filing bankruptcy.

2. Talk to your lenders – let them know you will definitely continue paying your loan as soon as possible

This could be a great way to keep the “hounds at bay”, but this could come with unforeseen issues. Basically, reaffirming the loan is an additional commitment to pay. In some states where it is allowed, an affirmation can create additional liabilities if your property is auctioned off.

3. Making property Affordable (MHA)

If your mortgage loan qualifies, you might be able to participate in MHA. If you have a loan backed by Freddie Mac or Fannie Mae then you have to be considered for the MHA. However, if you have another lender then it’s up to their discretion whether or not they participate in the MHA program.

If your property is underwater, and you are accepted into the MHA program then your principal balance can be lowered as well as your interest rate. You might be able to get your house loan payments suspended or reduced if you are unemployed.

MHA is a government program, so be prepared to deal with lots of paperwork. This “free” money isn’t completely free… you’ll have to pay for it with your time and energy.

4. Talk directly with your bank

Most lenders offer some level of assistance. You have to work hard at it, but you might be able to get your interest rate reduced or a temporary reduction in your mortgage loan payment.

If there is even the slightest chance that lenders can make money from your situation they will steer you towards refinancing. If you can afford it, and all you are looking for is a temporary break from mortgage payments then this could work. But… just be aware that ordinarily by the time that you are several payments behind you won’t qualify for a lower interest rate which is where the long term mortgage savings are.

Negotiating with the bank is like running a marathon, after a marathon, after an iron man. You have to have enough patience to watch concrete dry to get through all the bureaucracy. Don’t sink your own ship by being rude. It can be a balancing act. Ask for help from anyone in a position to help, but don’t be irritating. don’t give up. Explain your situation. Offer any supporting documents you have. Most importantly, let the bank know that you are fighting for your house because you plan on living there long term.

If this is truly a temporary situation and doesn’t want to give up your home, most lenders would probably be willing to work with you. Sometimes they will be open to adding a handful of months of home loan payments back onto the primary balance of your loan. Your entire home loan balance is practically nothing to them. Not even a grain of sand in the Serengeti. Point out that you need help, and that in the end, they’ll end up earning a lot more revenue in the end. The last thing they want to do is take your property because they would miss out on a great deal of money. If you will meet them halfway they will work with you.

If a banker can say no to someone like you who needs their help, then obviously they’ve forgotten how their industry turns profits and just need a little help remembering.

5. Increase your credit score and sell your home quickly

We will buy your house in New Orleans if you are behind on your payments, and need to sell your New Orleans house. If you don’t want to go into foreclosure but just need a little help, in some circumstances we can help you.

We work with homeowners in New Orleans to find solutions to prevent pre-foreclosure.

We’ll let you know what kind of assistance we can provide.


If you need to sell a property near 70123, we should be able to help you. We buy homes in New Orleans like yours quickly.

Give us a call anytime 888-509-6267 Ext 4 or fill out the form here today-!

Our company is glad to help you uncover answers to your most difficult questions concerning selling a property crazy quick in New Orleans, so please feel free to call us at 888-509-6267 Ext 4 and chat with us whenever.

Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Reasonable Cash Offer -See how we buy homes fast!

Check out our articles to educate sellers!

We buy real estate in: 70112, 70113, 70114, 70115, 70116, 70117, 70118, 70119, 70122, 70124, 70125, 70126, 70127, 70128, 70129, 70130, 70131.


Are you looking to find more high ROI investment properties… pay a visit to our investor website or give us a ring anytime at 888-509-6267 Ext 3

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Are you looking for a rent to own property or house… go to our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5

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