CitiBank and Stopping Foreclosure

Minnesota Housing
Financial Services
Stop Foreclosure Now!
Visit MNHFS.org
We have made many inroads with Citi Bank and loss mitigation these last couple of weeks. Just last week alone we were able to stop foreclosure for many clients in Minnesota who had Citi loans. Two of our clients we were able to stop a sheriff sale, a couple more we were able to get approved modifications of their current loan even though they were a couple mortgage payments behind.

What we have learned about Citi Bank is they are willing to work with people who have the ability to pay and just had a recent hardship. Such as loss of income, medical issue, or other short term related item. We have also been successful with negotiating rate freezes and rate locks on option arms and interest only adjustments.

One or two payments behind?
If you are one or two payments behind it is critical that you call us now so we can act as your third party negotiator with the lender. We have been tremendously successful with our clients whom are in this situation.

Sheriff sale scheduled?
If you have a sheriff sale date scheduled, it is even more imperative that you call us immediately to not only stop the sheriff sale but to work on some form of work out with the lender. This may be a modification or a forbearance, this depends on your individual situation.

If you are facing foreclosure with Citi Bank in MN please call us for a free consultation.