Behind on Mortgage Payments? We Can Help
If you're late on payments or struggling financially in Hickory, Newton, or surrounding areas, we can help you avoid foreclosure and get cash quickly.
Why Homeowners Face This Situation
Getting behind on mortgage payments can happen to anyone, and it's more common than people realize. Job loss is one of the most frequent causes—whether you were laid off from a factory in Hickory, lost hours at your retail job, or your business in Newton struggled during tough economic times. When income disappears, keeping up with a mortgage payment becomes nearly impossible.
Medical bills are another leading cause. A serious illness, a surgery, or a family member's health crisis can create thousands in medical debt overnight. When you're choosing between paying medical bills and the mortgage, something has to give. Health insurance deductibles, copays, and uncovered treatments can quickly drain savings and push homeowners into financial hardship.
Divorce is devastating both emotionally and financially. When a household splits in two, so does the income—but the mortgage payment stays the same. What was affordable on two incomes becomes impossible on one. Many homeowners in North Carolina find themselves in this situation after divorce, and catching up on missed payments while rebuilding their life feels impossible.
Sometimes it's simply inflation and rising costs. Everything costs more—groceries, gas, utilities, insurance, property taxes—but wages haven't kept pace. For homeowners living paycheck to paycheck in Catawba County and surrounding areas, even a small increase in monthly expenses can mean falling behind on the mortgage.
Whatever the reason, falling behind isn't a moral failure—it's a financial challenge that millions of Americans face. The important thing is recognizing the situation early and taking action before it escalates into foreclosure. You have options, and selling for cash might be the fastest path to relief.
Request Your Cash Offer
Fill out the form below and we'll contact you within 24 hours with a fair cash offer.
Common Problems This Situation Creates
Interest and fees are overwhelming
Interest rates on late payments, penalties, and fees can add hundreds of dollars to your mortgage balance each month. What started as missing one payment quickly becomes an avalanche of fees that's nearly impossible to catch up on. Every month you're behind adds more to the hole you're trying to climb out of.
Banks calling repeatedly
Banks and mortgage companies call constantly—sometimes multiple times per day. These calls are stressful, embarrassing, and serve as constant reminders of your financial situation. The phone ringing becomes a source of anxiety, and you start to dread answering calls.
Can't catch up due to inflation
Inflation has hit every part of life, and for many homeowners in Newton, Hickory, and surrounding areas, their income simply hasn't kept up. When everything costs more—food, gas, utilities—and your wages stay the same, something has to give. Often, that something is the mortgage payment.
House needs repairs you can't afford
When you're struggling financially, the last thing you can afford is expensive repairs. But older homes in North Carolina often need work—roofs, HVAC systems, plumbing—and these repairs can cost thousands. Without money for repairs, the house deteriorates, and it becomes harder to sell or even live in.
How We Can Help (Clear, Simple, Fast)
Buy your home for cash and pay off your mortgage at closing
Stop the cycle of late fees, penalties, and collection calls
Close in 7-14 days so you can move forward quickly
No repairs needed—we buy houses as-is in any condition
Work with your lender to coordinate payoff and prevent foreclosure
Give you cash at closing to help you move, pay debts, or start fresh
Benefits of a Cash Sale
Stop the cycle of late fees, penalties, and collection calls immediately
Avoid foreclosure and protect your credit from long-term damage (foreclosure stays on your report for 7 years)
Get cash at closing to help with moving costs, rent deposits, or paying off other debts
Eliminate the constant stress and anxiety of dealing with the mortgage company
Walk away from the house without owing anything—we pay off your mortgage at closing
Start fresh with a clean financial slate and peace of mind about your future
The TRUE Cost of Waiting
The longer you wait to address missed mortgage payments, the more expensive it becomes. Here's what waiting is costing you:
Late Fees & Penalties: $100-500+ per month
Each month you're late adds fees and penalties to your mortgage balance. Over 3-4 months, this can add $500-2,000 to what you owe—money you'll never recover. These fees compound, making it harder to catch up each month.
Credit Score Damage: 50-100 points per missed payment
Each missed mortgage payment drops your credit score by 50-100 points. If you wait until foreclosure, you'll face a 200-300 point drop that stays on your report for 7 years. This affects renting, loans, jobs, and more.
Foreclosure Risk: Complete loss of home + deficiency judgment
In North Carolina, lenders can start foreclosure after just 90-120 days of missed payments. Once foreclosure starts, you could lose your home at auction AND still owe the bank money if the sale price is less than your mortgage balance.
Legal & Court Costs: $1,000-5,000+
If foreclosure proceeds, you'll face attorney fees, court costs, and auction expenses that get added to your mortgage balance. These costs can total thousands of dollars that you'll owe even after losing your home.
Lost Equity: Potentially thousands
If you have equity in your home, selling now lets you walk away with that equity as cash. Waiting for foreclosure means losing everything—including any equity you've built up over years of payments.
Stress & Health: Immeasurable cost
The constant worry, phone calls, and fear of losing your home takes a real toll. Sleep loss, anxiety, depression, and relationship strain are real costs of financial stress that only get worse with time.
Why Sell Now Instead of Later?
The longer you wait, the more late fees and interest pile up
Your credit score drops further with each missed payment
Lenders can start foreclosure proceedings after just 90-120 days of missed payments
Selling now gives you control—waiting hands control to the bank
You may still have equity in your home that you can walk away with as cash
The stress only gets worse—taking action now brings relief
Don't Wait—Get Help Today
Every day you wait costs money. Get relief now.
What Homeowners Are Saying
Real stories from North Carolina sellers we've helped
"I fell behind after my divorce and couldn't catch up. The late fees kept piling up and I was drowning. They paid off my mortgage, gave me cash at closing, and I finally felt like I could breathe again. Best decision I made."
Sarah M.
Behind on payments, Hickory, NC
Ready to Get Help?
Get relief with a cash offer before things get worse.
No fees. No repairs. No showings. No stress. Just a fair cash offer and a closing date that works for you.