Know your options.
When you’re facing financial challenges, keeping up with your mortgage can be difficult. There is so much information available, at times it’s hard to know where to turn. Our priority will always be to keep you in your home. Our dedicated team of experts will walk you through your options, which may include:
Hardships can happen unexpectedly.
We offer a variety of mortgage assistance programs including payment forbearance plans. If you think you may need help, contact SLS to discuss your options.
Loan modifications
can change the terms of a mortgage loan.
Forbearance plans
can temporarily suspend mortgage payments.
Short sales
aim to quickly sell a home for less than the amount owed.
Short pay plans
are designed to 'payoff' a home at a reduced price.
Deed in Lieu plans
require homeowners to transfer their home's title to the bank that holds the mortgage.
Temporary suspension of payments
can help homeowners avoid foreclosure and get back on track.
If you need a mortgage assistance program, you may be required to provide certain information including (but not limited to):
- Income verification
- Prior year's W-2 or Tax Return (if self-employed)
- Copy of P&L statement (if self-employed)
- Letter of hardship
- Current bank statements
When you submit your information, it must include a completed and executed SLS Mortgage Assistance Application (RMA). The RMA outlines additional documentation that must be provided with your application. This additional documentation is based on your applicable financial situation and intent with the home. Visit our forms page should you need additional forms and guides.