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805 Main Street

Morro Bay, CA 93442

(805) 772-7305

(805) 528-5900

(800) 842-SOLD (7653)

Fax (805) 772-8466

 

225 S. Ocean Ave.

Cayucos, CA 93430

(805) 995-1822

(800) 421-8549

(805) 995-9300

(877) 604-SOLD (7653)

Fax (805) 995-5090

 

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805 Main Street

Morro Bay, CA 93442

(805) 772-6414

(877) 792-RENT (7368)

Fax (805) 772-6412

 

 

      Mortgage Workout Programs

In general, the loan modification programs on the chart (see link below) and consumer information sheets (see links below) are intended for primary residences only.


For an informational chart on existing mortgage workout programs, click here.   The chart is a compilation of programs offered by the larger lenders and government entities. If a specific lender or loan servicer is not on the chart, homeowners may wish to contact the lender or loan servicer to determine if a workout program is available.

For consumer information sheets containing detailed information on specific programs that REALTORS® can share with their clients, please click on the appropriate link below.
Federal Government Loan Modification   (Participants include: Fannie Mae, Freddie Mac, Federal Home Loan Banks, Hope Now participants, Department of the Treasury, Federal Housing Administration and the Federal Housing Finance Agency, and Wells Fargo.)
Mortgage loan modifications typically are handled on a case-by-case basis. Homeowners having difficulty meeting their mortgage obligation or interested in finding out more about a loan modification program should start by contacting their lender. Prior to calling a lender or loan servicer, homeowners should have the following information available:
.  Loan number
.  Income information and documentation
.  Most recent mortgage statement
.  Bank statements
.  Letter demonstrating financial hardship
REALTORS® who wish to assist their clients in seeking loan modifications should ensure they are in compliance with California law.  For further information, please visit the California DRE Web site at http://www.dre.ca.gov/mlb_adv_fees.html . REALTORS® also may direct clients to work with a U.S. Dept. of Housing and Urban Development (HUD)-approved counselor.  For a list of HUD-approved counselors in California, visit the HUD Web site at http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?webListAction=search&searchstate=CA .
 
 

Our Simple Philosophy

"The Service

 you Deserve"

 

...Although this is our dream house, I definitely would recommend Kathy (Taverner) to all of our friends & relatives, and if by chance we decide to buy again, we would use her in a heartbeat...D.S.

 

It was a pleasure working with Sal.  His attention to detail,  professionalism and preparing this transaction moving in a timely manner was outstanding!  Great working with you Sal.

S. F.

 

Kelly...is such a nice person and is so good at her job.  She was pleasant, efficient, and not afraid to be direct when we needed her to be.  I would, without a doubt, recommend her to anyone looking to buy or sell real estate.  J.H.

 

Leslie went above and beyond the call of duty in taking care of me and my real estate needs.  Thank You!

S. R.

 

Lee & Kathy did a great job for us.  It only took three years to find the house we wanted and they stuck it out until we found the perfect home.  D.Z.

 

Karen was wonderful!  I felt like a personal friend was looking out for me.  Thank you. K.S.

 

Barbara was terrific, extremely quick response, knows her stuff, does anything needed to get the job done.  Thanks loads!!! R.W.

 

Check Our Associates Pages for more individual comments

 

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