Skip to Page Content

What Should You Know

If you lost your home to foreclosure and want to understand your options, the first step is to determine who acquired the home at the foreclosure sale.   

If Freddie Mac acquired the home as a result of the foreclosure, you will receive a letter entitled “You Have Options” that describes some options that may be available to you.

However, if a third-party purchased the home at the foreclosure sale, they will be the new owner. The third-party may be an investor or they may want the property as their primary residence.

If you are in the process of foreclosure, find out  who to contact for help. The sooner you reach out the better!  

Foreclosure & Alternatives Resources

 Brochure

Building Better Credit

Important steps to build and improve your credit.

 Article

Finding a Home After Foreclosure

Even with a significant mark on your credit report, there are many options for finding an affordable home to rent.

 Worksheet

Budget Worksheet

Use this worksheet to help you track your expenses and build a monthly budget.

 Article

Beware of Fraud

Get informed about mortgage fraud, learn how to avoid it, and how to report it.

Back to Top