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Looking for bad credit mortgage help can seem challenging at times. When you already have bad credit and you get in trouble with your mortgage, it may seem like a hopeless time in your life. While it can be difficult, there are some sources for help. Here are a few options for mortgage assistance with bad credit.
1. Your Lender
When you are already involved in a mortgage you should be able to get some sort of assistance from your lender. Your lender wants to see you stay in your mortgage just as much as you want to stay in it. If you lose your home to foreclosure, they will end up losing a monthly payment. Therefore, they will usually be willing to help out with the mortgage.
2. Non Profit Counseling
There are also several non profit counseling organizations out there that would be willing to help. These organizations will look at your problem and try to help you come up with a solution.
3. Foreclosure Consultant
A foreclosure consultant is someone that comes in and tries to help when foreclosure is looming. They can negotiate for you and help get you back on your feet. They will require a fee for their services.
