What if I am already behind or have a foreclosure sale date?

Start with the servicer, a HUD-approved housing counselor, and local legal help. A sale or sale-leaseback review can run in parallel, but no private company can promise a deadline outcome before the payoff, title, and closing timing are reviewed.

What happens after I enter my address?

Sold & Stay starts with the address, state, mortgage status, payoff estimate, timing, stay goal, and rough property value. The answer may be an online review you can finish yourself, sale-leaseback, Quick Offer, local listing help, home equity investment review, or a clear note that none of those private options look realistic.

Plain-English homeowner guide

Can't Afford Your Mortgage Payment? Compare Next Steps

When the mortgage payment no longer fits, sort the deadline, monthly budget, and home equity choices before a sale becomes the only option.

The address, payoff, and deadline decide whether staying would still work after the numbers are written down.

If a deadline or payment problem is active, confirm the outside options with the servicer, tax office, counselor or attorney before choosing.

The next step should make the tradeoffs clearer: what changes now, what waits for written approval, what costs more each month, and what happens if staying does not fit.

If this guide matches the problem in front of you, put the payoff and decision date beside the cash need, monthly budget, and staying goal before making calls or sharing documents.

Then compare the next written step with one choice that keeps ownership and one choice that moves toward a sale. If neither one lowers the pressure without creating a new payment problem, pause before signing or sending private documents.

The written numbers should make the next choice easier: who owns the home, what payment continues, and what happens if staying does not fit.

A useful comparison has the payoff, deadline, monthly number, and backup housing plan in one place before anyone signs or applies.

Common questions

What should I do if I cannot afford my mortgage payment this month?

Call your servicer before the due date if you can. Ask for loss mitigation, forbearance, repayment, and modification options in writing. If the payment is already late, contact a HUD-approved housing counselor too.

Should I refinance if my mortgage payment is too high?

Only if the new payment, rate, fees, and approval timing are clearly better. Refinancing can help some homeowners, but it can also replace a lower-rate first mortgage with a more expensive loan.

Can home equity help if monthly bills are heavy?

Sometimes. A HELOC, home equity loan, home equity investment, listing, or sale-leaseback can each use equity differently. The mortgage status, credit, income, state, payoff, property value, and timing decide which options are realistic.

Can I sell my house and stay if the mortgage is too expensive?

Sometimes. A sale-leaseback can remove the mortgage if the sale closes and proceeds are enough to pay it off, but you become a tenant. The rent, lease length, title, state rules, and written terms have to fit.