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About Logix

Logix Federal Credit Union has been open since 1937. It's the 7th largest credit union in California with assets totaling $6.14 Billion and providing banking services to more than 203,000 members.  The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves transportation equipment employees. Membership is also open to immediate family of current members.

Foreclosure Prevention Options


There are options available which include Repayment Plans, Loan Modification, as well as Liquidation Plans such as Short Sales, and Deeds-in-Lieu of foreclosure

Common hardship situations may include the following

Loss of job or reduction in income
Divorce or separation
Death of homeowner, spouse or family member
Illness of homeowner or family member
Forced job relocation by employer

Loan Modification

After a three month trial period plan where you make payments based on the projected modified terms of your mortgage, you may be eligible to permanently modify your mortgage so that your payments or terms are more manageable. This is a permanent solution to a long-term or continuing hardship.

Deed in Lieu of Foreclosure or Mortgage Release

You may be able to transfer ownership of your property to us when you are unable to sell your home and will allow you to avoid going through a foreclosure. In some cases, relocation assistance is available. You will need to assist in obtaining approval from any subordinate lien holders on your property.

Repayment Plan

A repayment plan adds a portion of past due amounts to your regular monthly payment until your account is current.  A repayment plan is best used when your hardship is expected to be short term in nature, and may even be over, and you have the ability to make an increased payment for a short period of time.

Short Sale 


A short sale allows a borrower to sell their property even if the proceeds from the sale will not fully satisfy the mortgage debt. In order to pursue a short sale, you must list your property with a qualified real estate agent and receive an offer from an unrelated third party. You may be required to make a cash contribution or sign a promissory note for all or some portion of the mortgage debt in order for the sale to be approved.

Keep Your Keys

Keep Your Keys is highly experienced in helping homeowners stop foreclosure.    We have a thorough understanding of the products Logix 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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