What options are available if I cannot make my mortgage payments?

If you find yourself unable to make your mortgage payments, Taylor Bean & Whitaker offers several options to help you through this difficult situation. One possible solution is a loan modification, which can reduce your monthly payments and make them more manageable. Another option is a forbearance agreement, temporarily suspending or reducing your payments until you regain financial stability. If these alternatives are not viable, you may be able to explore refinancing your mortgage to lower your interest rate or extend the term. Additionally, you could consider a short sale, where the property is sold for less than the remaining mortgage amount. Taylor Bean & Whitaker also has a dedicated team of professionals who can assist you throughout the process and provide personalized guidance based on your individual circumstances.