Foreclosure Alternatives

We're committed to helping you keep your home. However, if you believe that you'll continue having trouble paying your mortgage, selling the home for less than you owe or releasing your property may be right for you.

Selling the home for less than you owe

This option allows you to sell the home and pay off a portion of your principal balance when you owe more money on your mortgage loan than the home is worth.

The benefit to the option is that it allows you to move out of the home and avoid foreclosure. In some cases, relocation assistance may be available.

Find out more by reading frequently asked questions and send your application for mortgage assistance to find out if you're eligible to sell the home for less than you owe and avoid foreclosure.

Releasing your property to Chase

If you're having trouble making your mortgage payments and are unable to sell the home, you may still be able to avoid foreclosure and make a fresh start by releasing your property.

You may be able to transfer the ownership of your property to us if this is a first mortgage loan.

This option allows you to move out of the home without going through foreclosure. In some cases relocation assistance may be available. This is useful when there are no other liens on your property.

Find out more by reading frequently asked questions or send your application for mortgage assistance to find out if you are eligible to release your property and avoid foreclosure.