Utah
Behind on Mortgage Payments in Utah? Start Here
Falling behind is stressful, but in the early months you usually have more options than you think. Here is how they compare.
- Any condition, any situation
- No fees or commissions
- No obligation to accept
- You choose the closing date
Get a no-obligation cash offer
Tell us where the house is. It takes about a minute.
The first few months
After a missed payment you will usually get late notices and calls from your servicer. Federal rules generally keep a servicer from starting foreclosure until you are more than 120 days behind, and servicers must tell you about loss-mitigation options. This window is the best time to act.
Who to call first
- Your servicer. Ask what repayment plans, forbearance or modifications they offer, and get it in writing.
- A HUD-approved housing counselor. Free or low-cost, and they can help you apply for assistance.
- An attorney, if a notice of default has been recorded or you are considering bankruptcy.
When selling makes sense
If the payment is simply not affordable long term and you have equity, selling on your own terms can be better than a foreclosure on your credit. You keep your equity after the loan is paid off, and you choose the moving date. If you owe more than the house is worth, ask about a short sale instead.
What we need to make an offer
- The address and a quick look at the house
- A rough idea of what you owe (a recent mortgage statement works)
- Any notice of default or sale date you have received
We will never ask you for money up front.
How it works
Tell us about the house
Fill out the short form. We will ask a few questions about the property, your timeline and what you need.
Get a written cash offer
We walk the house, run the numbers, explain them, and give you a written offer. No fee and no obligation.
Close when you are ready
Pick the closing date. A licensed title company handles the closing, and you can leave behind anything you do not want.
We buy across Utah
Common questions
Will one missed payment lead to foreclosure?
Not right away. Federal rules generally require more than 120 days of delinquency before a servicer can start foreclosure. Call your servicer early.
Can I sell if I am behind?
Yes. You own the house until a trustee sale happens. A sale pays the loan, including past-due amounts, at closing.
Do you help with loan modifications?
No. We buy houses. For modifications, talk to your servicer or a HUD-approved housing counselor.