[Program ended 12/30/16]
A CIT loan modification is designed to help borrowers facing financial hardship who are interested in pursuing options that will prevent foreclosure. This can be achieved through a loan modification, which will permanently modify the terms of the mortgage to help prevent foreclosure and assist with financial hardship. Eligibility for the CIT modification program is based on investor guidelines and by meeting specific income and hardship requirements.
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Today, there are many alternatives available to help homeowners avoid foreclosure. Learn about the number of programs we offer to assist homeowners who may be facing financial challenges.
A temporary hardship can cause homeowners to fall behind on their mortgage payments. There are home preservation options that include a Repayment Plan, a Temporary Payment Reduction, the CIT Unemployment Forbearance Program, and refinancing your home.