A welcoming brick home in a leafy neighborhood

CENTRAL ARKANSAS SHORT SALE HELP

Behind on your mortgage?
You have options

Explore selling through a short sale and work toward the best possible outcome before foreclosure.

A conversation is your first step toward a clearer path.

Local understandingClear communicationA plan for your next chapter

UNDERSTAND YOUR NEXT STEP

Options when facing foreclosure

Behind on payments or owe more than your home is worth? You may have options. The right path depends on whether you want to keep the home or move on, your finances and your lender’s requirements.

IF YOU WANT TO STAY

Keeping your home

1. Catch up on missed payments

If you can pay the past-due amount, you may be able to bring your mortgage current and resume your regular monthly payments. Ask your mortgage servicer for the full amount needed to reinstate the loan, including applicable fees.

2. Apply for a loan modification

A modification changes the terms of your existing mortgage and may make your payment more manageable. Your servicer reviews your situation and determines whether you qualify.

Depending on your circumstances, ask your servicer about a repayment plan, forbearance or payment deferral, too.

IF YOU’RE READY TO MOVE ON

Selling or surrendering your home

1. Explore a short sale

A short sale allows you to sell for less than the mortgage balance, with lender approval. We work with you and your mortgage company to market the property, submit an offer and work toward an approved sale.

The lender typically obtains a property valuation and reviews the offer and sale terms. Approved closing costs and commissions may be paid from the sale proceeds; any contribution you must make depends on the approval terms.

A short sale may offer a path to selling before foreclosure. It is often the first selling option we explore when a homeowner owes more than the home is worth.

2. Ask about a deed in lieu of foreclosure

If a sale isn’t feasible or a short sale doesn’t work out, your lender may consider accepting ownership of the home voluntarily instead of completing foreclosure. This requires the lender’s agreement; it is not an automatic next step.

Before signing, have the agreement reviewed and confirm in writing whether any remaining mortgage balance will be forgiven.

WHEN DEBT GOES BEYOND THE MORTGAGE

Considering bankruptcy?

Financial setbacks happen, and there is no shame in asking for help. Bankruptcy is a legal option to discuss with an attorney who can review your full financial picture, including your mortgage and other debts.

We can connect you with trusted attorneys to help you understand your choices. In some cases, Chapter 13 may help a homeowner catch up on missed payments and keep the home. In others, selling or surrendering the property may be part of the plan. Filing bankruptcy does not automatically mean your home must be sold.

These are common options, not a complete list. Contact your mortgage servicer promptly. Lender approval and deadlines matter, and exploring a sale does not by itself stop foreclosure. Short sales and deeds in lieu may affect your credit and taxes; review debt-forgiveness terms with an attorney or tax professional.

Talk through my selling options

Homeowner resources: CFPB foreclosure options · U.S. Courts bankruptcy information

A CLEARER PATH FORWARD

Start with a conversation

Tell us what’s happening

Share the basics about your property, missed payments and any notices you’ve received.

Explore a short sale

We review your selling situation and discuss the lender approval needed to move forward.

Work toward the next chapter

If a short sale is the right path, we help you market the property and navigate the sale.

One difficult season doesn’t have to define your next chapter.

Explore my options ↗

STRAIGHTFORWARD ANSWERS

A little clarity
goes a long way

What is a short sale?

A short sale is a sale of your home for less than the mortgage balance, with your lender’s approval. It is an option to explore when selling is your next step.

Will I stay in my home?

This service focuses on selling your property. A completed short sale means you move out of the home.

Is approval guaranteed?

No. Your lender must approve the short sale. The outcome depends on your circumstances, the property, the offer and the lender’s requirements.

Where do you help homeowners?

We serve Central Arkansas, including Conway, Little Rock, North Little Rock, Greenbrier, Vilonia, Cabot and surrounding communities.

More homeowner information: Consumer Financial Protection Bureau ↗

LET’S FIND YOUR NEXT STEP

Tell us about
your situation

You don’t need to have all the answers. Start with the basics, and we’ll talk through your selling options.

Please don’t include Social Security numbers, account numbers or financial documents in this form.

By sending this request, you agree that we may contact you about your inquiry. Your information is used to respond to your request.

Behind on your mortgage?You have options