If so, you still may be eligible for one of the options listed below:

Repayment Plan:  You would repay the amount due over a specific period of time.

Modification:  You and your servicer would enter into a loan modification agreement that permanently changes the terms of the loan.

Deed in Lieu:  You would transfer ownership of your home to the  lien holder.  You would be given a short period of time to move from your home.  You would receive a full release of your debt, or a substantial reduction of the debt.

Reinstatement:  You would pay the amount past due in one lump sum.

Short Sale:  You would sell your property prior to the foreclosure sale, and in some instances, your bank or mortgage company may be willing to accept an amount that is less than the total payoff amount in exchange for release of the mortgage.

Forbearance Agreement:  You would enter into a written agreement to suspend your mortgage payments for a short period or reduce your mortgage payments for a short term period.

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