Do You Need Help with Your Home Equity Loan or Mortgage Loan?
If you fall behind on your home mortgage or equity loan payments, there are resources that can help you.
A smart first step is to contact us at 800-797-6324. (Ask for the Collections Dept.)
Below you’ll find other options for advice and assistance, as well as some words of warning:
Who to trust: Credit Counseling
Mechanics Bank can be your starting point for credit counseling—we’re here to help, so first call us toll-free 800-797-6324. (Ask for the Collections Dept.)
You can access the Department of Housing and Urban Development’s (HUD’s) voice response system for a list of approved credit counseling agencies at 800-569-4287.
The following sources may also offer guidance and support:
Who not to trust: Foreclosure scams
Deals that seem too good to be true almost always are. Foreclosure scams promise to solve your financial problems with little cost or effort, but they may have a big cost in the end.
Remember: Call Mechanics Bank first—we offer real options for resolving your home loan issues.
Beware of these typical scams:
To help avoid foreclosure and stop foreclosure "rescue" scams, the FDIC's foreclosure prevention initiative includes outreach, a referral service and an information tool kit. The tool kit is available at http://www.fdic.gov/foreclosureprevention and features: