A lot of people have fallen behind on their home loans during the pandemic, and scammers are swooping in with mortgage relief scams. If anyone tries to charge you in advance for mortgage relief or guarantees that they can stop your foreclosure, they’re not legitimate.

Spotting a Mortgage Relief Scam

Here are some red flags that can help you spot and avoid mortgage relief scams.

• You’re asked to pay up front for help.
• The company guarantees it will get the terms of your mortgage changed.
• The company guarantees you won’t lose your home.
• You’re instructed to send your payment to someone other than your mortgage company or servicer.
• You’re told to stop paying your mortgage.
• The company says they’re affiliated with the government or uses a logo that looks like a government seal but is slightly different.

Read More: 8 Common Financial Scams to Watch Out For

Getting Help With Your Mortgage

There is free, legitimate mortgage help available. We may be able to help you refinance, modify your loan, get loan forbearance or find other solutions.

Call us at 800-444-5858 or learn more about your options below.

• Avoiding foreclosure at PNWFCU
• CFPB’s mortgage help page
• COVID-19 mortgage relief tips from the CFPB
• Beware of Foreclosure Rescue Scams