In most cases, yes you can avoid losing your home. There are a number of option which depend on the lender and at which stage of the lenders recovery process your arrears is at. Option may include:

  • Refinancing to another lender
  • Negotiation with your lender
  • Obtain funds from family & friends

Arrears doesn’t go away, lender recovery doesn’t stop, however slow action and inconsistent communication from a lender  can lead to false sense of security until an eviction notice, or court notice is received. The best way to avoid losing your home is to act now! Each day, or week can make the difference to a successful loan settlement.  Loan Saver Network is effective in helping resolve Home Loan Arrears.