Mortgage Assistance Resources

A man and woman examine a financial statement together

If you find yourself in a situation where you are unable to afford your Qualstar mortgage or home equity payments, we can assist you with finding solutions, depending on the type of loan you have.

  • Mortgage Refinance – May allow to replace your current mortgage with a new loan with new terms.
  • Mortgage Modification – Changes the terms of your existing loan.
  • Forbearance plan - Temporarily suspends or reduces your mortgage payment until your hardship is over. Typically after this plan ends, we will discuss other options that may include Repayment or Modification.
  • Repayment plan – Pay past-due amounts over several months.
  • Selling - Selling a home with equity is an option if you have financial hardship and can no longer afford the home and can be an alternative to foreclosure.
  • Other non-retention options:
    • Short Sale - Home sold for less than remaining mortgage balance. 
    • Mortgage Release – Transferring property ownership and financial responsibility.