The 5 Most Beneficial Methods to Avoid Foreclosure in Wichita!

I Missed Some Loan Payments On My Wichita Home – I Need Help!

 save me from foreclosure in Wichita

Missed a couple of mortgage payments?

Surprisingly… you can prevent foreclosure in Wichita, Kansas even with a few late property payments.

When you get behind in your house loan payments on your Wichita, Kansas property, it can feel like you’re being consumed by debt.

Not just making the most recent payment, then you have to worry about playing catch-up on the home loan payments you have missed and the fees… It can be complicated.

If you are seriously behind on bank loan payments there are a few options that can help you to avoid foreclosure in Wichita maybe even sell your property. A good deal of properties in Wichita have been lost to foreclosure, but there are a number of ways to avoid it.

1. Throwing in the Towel

No one really wants to file for bankruptcy. However, negotiating with all of your lenders at once will diminish a ton of stress. It is a ton of work, and it won’t help you avoid your home loan. Every creditor has its own process that it follows for bankruptcies. You would benefit from serious professional help- the best you can afford.

2. Reaffirm

This could be a great way to keep the “hounds at bay”, but this could come with unforeseen penalties. Basically, reaffirming the loan is an additional commitment to pay. If your Wichita, Kansas property is auctioned off, an affirmation could cause extra responsibilities.

3. Making property Affordable (MHA)

You might be able to participate in the MHA program if your bank loan qualifies. Any loans backed by Fannie Mae or Freddie Mac must be considered for MHA, and other lenders can choose to participate in MHA or not.

With MHA, your payments and/or interest rates might be lowered even the principal balance (if your property is worth less than you owe). Suspended. Reduced. If you are unemployed this is definitely possible.

Like with anything having to deal with the government MHA is a government program so there is a ton of paperwork. This “free” money isn’t completely free… you’ll have to pay for it with your time and energy.

4. Negotiate

Lots of lenders routinely 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.

The most common approach the lenders will take is to have you refinance, but just as an FYI, by the time you are a few bank loan payments behind you probably won’t qualify for an interest rate reduction.

Negotiating with the bank is like running a marathon, after a marathon, after an iron man. You have to be doggedly persistent. Your pride kind of has to go out the window. You’re going to have to call, call again and again and again, and email. When you feel fed up and think ” they should be working with me” you are going to have to swallow It and call again. Do not sabotage yourself by being obnoxious. Ask for help from everyone you speak with, but don’t sound frantic. Reassure the bank that you want to live in your home long term and explain your situation and provide supporting documentation.

If you sincerely want to stay in your property and make amends with the bank, just inform them of the situation. Your loan provider is exceptionally forgiving as long as you are willing to work with them. Playing catch up. Basically, if you have only missed a small number of payments, sometimes your mortgage lender will just compile your missed payments back onto your balance. It’s all about the cash with your mortgage company. Ask them for their help so that you can send them what you owe. They won’t need to be reminded that they will end up doubling the money they lent you. If they have to sell your home at a foreclosure auction, they’ll end up taking a huge loss.

The logic is sound and based on facts, but mortgage lenders routinely get caught up in the emotion of the circumstances and disregard that. Simply put…Help remind them.

5. Sell to an investor

If you are behind in your mortgage loan payments and really need to sell fast, we will buy it. Depending on your situation, if you would like we may even be able to help you stay in your Wichita, Kansas house.

Glymph Properties work with property owners in Wichita to find solutions to property foreclosure problems.

Don’t fret. Give us a call. We’ll let you know if we can help or not.


If you need to get rid of a property near Wichita, we can help you. We buy homes in Wichita like yours extremely fast.

Give us a call anytime 888-509-6267 Ext 4 or fill out the form here so we can buy your Wichita property for cash-!

We are glad to help you discover answers to your toughest questions regarding selling a house crazy easily in Wichita, so please feel free to contact 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 Fast, Reasonable Cash Offer

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We are interested in acquiring houses in: 67202, 67203, 67204, 67205, 67206, 67207, 67208, 67209, 67211, 67212, 67213, 67214, 67215, 67216, 67217, 67218, 67219, 67220, 67223, 67226, 67227, 67228, 67230, 67232, 67235.


Looking to find other extremely high ROI investment properties… go to our investor website or give us a ring anytime at 888-509-6267 Ext 3

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Looking for a rent to own house… have a look at our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5 Wichita

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