Frequently Asked Questions

Can First Equity Financial really help me?

We’ve helped all sorts of people in all sorts of situations, however every situation is unique and different, which is why it’s important that we meet with you in person. We can let you know about all of your options and you can see for yourself what works best for you and your family needs.

How much does your service cost?

Our consultation is free, and you’re under no obligation. After that initial consultation, if you decide that you would like our assistance, we can provide our services, in most cases, at no out of pocket costs to you.

I have been served a Notice of Default, what does this mean?

A Notice of Default (N.O.D.) means that the bank has contacted an attorney and the foreclosure process has begun. They have set a date at which your home will be auctioned off to the highest bidder. If you have been served a N.O.D., it’s imperative that you act quickly and call us today!

I haven’t been served a N.O.D. yet, but I’m behind on my payments. Should I worry?

If you’re behind on payments, you can rest assured that the bank will contact their attorney to start the foreclosure process any day now. The advantage you have in this situation is that you have the most options available to you. If you like for us to try to assist you then give us a call today! The sooner you are able to schedule a in home visit the easier it will be for us to assist you in stopping the foreclosure.

Will I really lose my house at the auction?

The answer is Yes the Banks want their money that is owed to them and they have a vast interest in receiving payments to fulfill their obligations to their investors. If you’ve ever been to a foreclosure auction, you know that people go every day just to find a deal on a house. They usually get properties at below market value, meaning that any equity that you have built up in your property will be completely wiped out. It happens all of the time, so the best thing to do is to seek out help as soon as possible, especially if you want to salvage the equity that remains in your home today.

Why did my mortgage company send me my payment back?

Once you miss just one payment most lenders will refuse to accept any payment unless it is the entire amount you are behind. Even if you send a payment, your lender will likely send it back to you causing you to get further and further behind. Once foreclosure has started your lender will not accept any payment less than the full amount that is behind, including foreclosure costs and legal fees.

Can you really help restore my credit rating?

We have a credit repair system that we recommend ALL of our clients enter into for at least 12 months. If you decided like to sell to us we will even pay in full for your credit restoration program.  Please contact us to find out more about the credit restoration program.

How can I find out more about the foreclosure laws in my state?

We have a summary of each state’s foreclosure laws on our website for your information.  We also have foreclosure law definitions to help you better understand some of the legal terms you will come across in the foreclosure process.

How Can First Equity Financial Help Stop Foreclosure on My Home?

We can help you either Keep or Sell Your Home to Avoid Foreclosure.

We cannot guarantee we will be able to stop your foreclosure. Yes there are options but if someone tells you they can guarantee to stop your foreclosure please beware. Certain factors will come into place and not all situations are the same. Depending on your situation and what your lender may want to do will all comes into place. There are certain facts that will determine if one should continue to live in their home or simple sell to save their credit, home from foreclosure. We try to offer each of our clients peace of mind by giving all the facts so that one can determined and have PEACE OF MIND knowing what all their options that are available to them.

Fill out our quick questionnaire and we will contact to talk more about your situation.

Wishing you and your family nothing but success