Can I apply for loss mitigation assistance if I am current on my payments?
Asked 3 months ago
Washington Mutual - Mortgage/Credit Lines Loss Mitigation generally focuses on assisting borrowers who are experiencing financial difficulties that may jeopardize their ability to maintain their mortgage or credit lines. However, it is not uncommon for individuals who are current on their payments to seek assistance as a proactive measure to ensure continued financial stability.
In some cases, borrowers may wish to explore options such as loan modifications, repayment plans, or other forms of assistance even if they are not currently behind on payments. It is advisable to review the specific policies and criteria that Washington Mutual has in place regarding applications for loss mitigation assistance.
For detailed information and clarification about eligibility and options, consider visiting their current web page, which may provide up-to-date resources and guidance on the matter.
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