Loan Modification
Short Sales
Deed-in-Lieu
Mortgage assistance for First City members.
If you're facing financial hardship and cannot make your mortgage or equity loan payments, don't wait until it's too late to avoid foreclosure. We offer a variety of options for resolution. Speak with a Mortgage Assistance Specialist today by calling 213.481.5583.
Explore your mortgage loan resolutions.
We have answers
An expert can help you uncover which possible option works best for your case, depending on a variety of factors.
- Loan Modification: We'll modify your loan payment by capitalizing outstanding interest, extending the loan term, and/or lowering the interest rate. Not all members qualify.
- Short Sale: Sell your property for less than the total amount owed.
- Deed-in-Lieu: Transfer your deed to us instead of foreclosing. First City approval required.
- Foreclosure: We'll guide you through the foreclosure process.
Here's how to sign up.
Get started today
For consideration for our Mortgage Hardship Assistance Program, submit the following:
- Hardship letter explaining your circumstance
- Completed financial statement with two latest pay stubs and W-2s
- Signed federal tax returns with all schedules for last two years
- Last three months of bank statements
Additional help and resources.
Guidance from helpful partners
Here are trusted experts who offer their free support to all members.
- Consumer Financial Protection Bureau (CFPB): Call 800-569-4287 or find a housing counselor here.
- GreenPath Financial Wellness: Call 877-337-3399 or visit GreenPath’s website here.
First City mortgage loan experts can help you through your financial hardship. Let First City help you explore real solutions to protect your home and your peace of mind. Call 213.481.5583.
First City Credit Union is a nation leading 5-star financial institution with locations across Los Angeles.