Foreclosure Bailout Loans

Stop Your Foreclosure, Trustee Sale, Or Auction In 5 to 10 Days So You Can Stay In Your Home

Loan Approval Is Based On The Property, Not The Borrower 

The Foreclosure Bailout Loan is used to help a property owner to either catch up the back payments on their mortgage loan or it can be used to refinance the current loan.

When a home owner applies for this loan, they are in one of these positions:

• The homeowner is behind on payments but a Notice of Default has not been filed yet
• The homeowner has received a Notice of Default, meaning their lender has notified the trustee to handle the foreclosure process. The homeowner has 90 days to cure the default before the trustee can file a Notice of Trustee Sale
• The homeowner has received the Notice of Trustee Sale, giving the homeowner only 21 days to cure the default before the property can be sold at public auction 

You can view the links below to understand the foreclosure process:

Click To View The "Foreclosure Timeline"

Click To View "Foreclosure Process In California"

Click To View "HOA Foreclosures In California"

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HIGHLIGHTS OF THE FORECLOSURE BAILOUT LOAN:

• Quotes Within 2-4 Hours
• Funding Within 5-7 Days
• Loan Amounts - $100,000 - $5,000,000
• 1st, 2nd, 3rd Position Loans
• Owner and Non-Owner Occupied Rental Property
• No Application Fee
• No Upfront Costs
• You Are Allowed To Take Cash Out At Closing

EASY TO QUALIFY!

• No Income Documents
• No Bank Statements
• No Tax Returns
• No Appraisals
• Bad Credit Ok
• Currently in Foreclosure Ok

OTHER BENEFITS:

• Bankruptcy filed is ok (it must be dismissed before closing on the loan)
• Property listed for sale is ok (close our loan to catch up arrears then continue to sell)
• Currently In Default On Your Property Taxes Is Ok
• Have Judgments Or Liens Attached To The Title Is Ok
• In Probate Is Ok As Long As You Have The Authority To Act For The Estate

Please click the yellow button below to fill out the form and submit it.

I can get you a quote usually within 2-4 hours if you submit the form on a business day. If you submit it on a weekend or holiday, your quote will be issued the next business day.  The loan can be closed within 5- 10 business days, providing there are no issues regarding the title. 

** Note that the property must be located in California.

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Click To View The Frequently Asked Questions 

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Click To View The Required Documents

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Click To View The Loan Process

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I also work with investors who buy properties for cash in the case where a loan does not work.

This is usually when there is not enough equity in the property.
Properties considered:
• Properties where homeowners need to sell quickly for various reasons
• Properties that are purchased for cash
• Properties where the investor can take over the loan to bring the loan current

Benefits for the homeowner:
• Homeowners receive cash for part of their equity
• Homeowners make no repairs (the property is purchased as is)
• Homeowner pay no sales commission or closing costs

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Call, text or email me and I will do my best to help you!

Cheryl Gollnick (951) 318-6420

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Disclosure

The information we provide on this website is for general informational purposes only and does not constitute legal or financial advice. Laws frequently change and may be subject to local variations.

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