Are you having trouble making your SESLOC Home Equity Loan or Mortgage Payment?

SESLOC Federal Credit Union understands that our members may occasionally suffer financial hardships. If your financial situation has changed and you are finding it difficult to maintain timely payments on your home equity or mortgage loan with SESLOC, we may be able to help.

It is important to consider all of your options before risking the possible loss of your home to foreclosure. There are numerous solutions available and one of them may be right for you. 

You may be eligible for:

• Payment Deferment
• Loan Modification
• Pre-Foreclosure Sale (“Short Sale”)
• Reduction of Interest Rate

Getting Started with Your Financial Review

To determine the best possible way to assist you, we must review your financial situation. In order to do this, we will need the following:

• A signed letter explaining your current situation and hardship. Please describe steps you have taken to improve your financial picture.
  
• Your last pay stub or unemployment check stub
• Your last three account statements from checking, savings, 401(k), and other accounts you maintain
• The name and phone number of your listing agent, if applicable
• Signed copies of your federal tax returns (including all schedules) for the last two years

By providing this information, we can determine which alternatives are best suited for you. 

You may call us at the following toll free number to speak to a Loan Specialist:

                                       1 (888) 777-4986

Additional Assistance:  The Department of Housing and Urban Development offers counseling for homeowners whose mortgage loans have become delinquent. This counseling could help you avoid foreclosure, and you are urged to seek it. The Department of Housing and Urban Development can be reached at
1-800-569-4287 or TYY 800-877-8339.