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STOP CARRINGTON FORECLOSURE

About Carrington

Founded in 2003, Carrington is a holding company whose primary businesses work in sync with one another to provide a broad range of real estate services encompassing nearly all aspects of single-family residential real estate transactions in the United States. Carrington operates multiple affiliated operating companies, with branch offices nationwide. These businesses are organized into three primary segments: our direct-to-consumer platform, mortgage operations; and asset management.  Carrington companies do business in almost every area of the real estate industry. In addition to the United States, Carrington’s international presence includes operations in the United Kingdom and Italy.

Foreclosure Prevention Options

Carrington claims are that they are both committed to the dream of homeownership, as well as understanding of unforeseen situations can cause financial hardships. They have a variety of options that may be available to homeowners.  But available options and terms vary by the investor and/or insurer of your loan.

Disaster Relief

 

There are options to suspend monthly payments for a specific period of time when your home or place of employment have been impacted by a natural disaster. This would include federally- declared disaster areas. 

Forbearance Plan

 

A payment arrangement of reduced or zero monthly payments for a specified period of time. Forbearance plans are temporary, and are designed to lead to such permanent solutions as a Repayment Plan or Loan Modification.

 

Loan Modification

 

This permanent change to the terms of the original mortgage may include one or more of the following: an interest rate change (either fixed or temporary), capitalization of payments and/or fees and costs, term extension, or a deferral of a portion of the loan. Loan modifications are available for both 1st and 2nd mortgages.

 

Pre-Foreclosure/Short Sale

 

This option allows a borrower to avoid foreclosure by selling the property for less than the total amount owed on the account (subject to agreement by Carrington), resulting in the release of the Carrington’s lien on the home.

 

Deed-in-Lieu of Foreclosure 


An option that allows a borrower to voluntarily deed a property to the lender to avoid foreclosure. In return, the borrower agrees to vacate the property on an agreed-upon date, leaving it in "broom swept" condition

Keep Your Keys

Keep Your Keys is highly experienced in helping homeowners stop foreclosure.    We have a thorough understanding of the products Carrington offers as well as their internal processes to get them approved and completed.   With our 5 star reviews and exceptional customer service you would be hard pressed to find a better partner.   Leave your checkbook at home and contact us today for a no cost, no obligation, appointment to get started. 

Additional Questions?

Visit our Frequently Asked Questions page for common questions.   Or setup an no cost, no obligation appointment with one of our licensed Consultants for customized answers for your scenario.

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