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1. Contact your lender as soon as possible.  Many lenders will provide options to help borrowers through difficult financial times.  Be proactive and take action early to prevent further problems down the line.
2. Inform yourself about ways to avoid foreclosure by visiting the U.S. Department of Housing and Urban Development (HUD) website.
3. Contact a housing counselor approved by the U.S. Department of Housing and Urban Development, who can help you understand the law and your options, organize your finances, and represent you in negotiations with your lender if you need this assistance.  Find a list of approved housing counselors in California here.  

• If you or your spouse is on active military duty, visit the Veterans Administration website to learn about how you may qualify for a reduction in your mortgage interest rate resulting in lower payments.
• The Federal Housing Authority (FHA) works closely with customers who have FHA-insured loans. You may call the FHA at (800) CALL-FHA to for further advice about how to manage your mortgage.
• The Internal Revenue Service provides helpful answers to questions about foreclosure and debt cancellation on the IRS website.