Borrower Assistance & Loss Mitigation

Cascade Financial offers Loss Mitigation Retention and Disposition options for our borrowers.  The options have qualifying guidelines and eligibility requirements that Cascade must follow:

• Retention options are for borrowers that want to continue to live in the property.
  • Examples of Retention Options:
    • Loan Modification
    • Home Affordable Modification Program (HAMP)
  • Disposition options are for borrowers that are no longer interested in keeping the property or can no longer afford the property.
    • Examples of Disposition Options:
      • Pre-Foreclosure Sale
      • Deed-in-Lieu of Foreclosure

For information regarding qualifying for Loss Mitigation options, please contact one of our Loan Counselors at:

• Toll Free: (866) 939-5581; or
• Email: lossmit@cascadeloans.com; or
• Fax: 480-821-6524 ATTN: Loss Mitigation
• Mailing Address:
  Cascade Financial Services
  ATTN: Loss Mitigation
  P.O. Box 15035
  Chandler, AZ 85244

Please click here  for a checklist of items Cascade Financial will need to determine what Loss Mitigation Option you might qualify for.

Additional Resource for ALL borrowers:

• HUD Approved Counseling Agencies:
  • http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm

Additional Resource for borrowers with FHA loans:

• Avoiding Foreclosure:
  • http://portal.hud.gov/hudportal/HUD?src=/topics/avoiding_foreclosure