How do I know if my mortgage is backed by Fannie Mae or Freddie Mac?
Making Home Affordable (MHA) (http://www.makinghomeaffordable.gov/pages/default.aspx )
Fannie Mae Homeowner Help (http://knowyouroptions.com/)
Tennessee’s Hardest Hit Program (https://www.keepmytnhome.org/)
HOPE Loan Portal (https://www.hopeloanportal.org/)
Other options to explore:
Reinstatement – paying the amount needed to bring your loan current.
Payoff – paying the amount needed to pay off your loan in full.
Repayment plan – paying the amounts past due on your mortgage in a monthly payment play while resuming your regularly scheduled payments.
Loan modifications – changing one or more of the terms of your loan making it more affordable for you.
Short sale – selling your home to a third party for less than you currently owe to avoid foreclosure.
Deed in lieu – giving the deed to your property back to your lender reducing or canceling your mortgage debt and avoiding foreclosure.
You may also wish to contact your lender/servicer’s loss mitigation or home retention department. You may email us at
to request the servicer’s contact information or call us at 901-767-5566, option 5 then 3.
This is provided for informational purposes only. It is not intended to provide legal advice. For more information, please contact your counsel, your servicer and/or any one of the entities identified in the above websites for additional information.