MainSource is here to help you stay in your home. If that is not possible, here are some solutions to help avoid foreclosure.
|How does it work?||Will it benefit me?|
|Short Sale||Borrower will sell their home and pay off a portion of the mortgage balance when borrower owes more than the home's value.||By doing a short sale, the borrower can transition out of their home without going through foreclosure. In some cases, relocation assistance may be available.|
|Deed-In-Lieu||Borrower will transfer ownership back to the investor/bank.||Deed-In-Lieu allows the borrower to transition out of their home without going through foreclosure.|