Solano First understands that our members may occasionally suffer financial hardships. If your financial situation has changed and you are finding it difficult to maintain timely payments on your home equity or first mortgage loan, we may be able to help.

It is important to consider all of your options before risking the possible loss of your home to foreclosure. There are several solutions available and one of them may be right for you.

• Payment Deferment- We can arrange a plan to allow you to catch up on your payments over a period of time.
  
• Loan Modification- We may be able to change the terms of your loan to make it more affordable.
  
• Pre-Foreclosure Sale (Short Sale)- Contact us for more information.
  
• Unsecured Loan- In some cases, an unsecured loan may be available.

Please note that for any loan modification request, we’ll need you to participate in debt counseling and provide a copy of the analysis. As a member of Solano First, this service is provided to you free of charge through our partnership with Balance Financial Fitness. Visit www.balancepro.net or call toll-free 888-456-2227.

If you have an existing FIRST Mortgage with Solano First, please click on the following link and we’ll direct you to our first mortgage partner, Midwest Loan Services  for detailed information.  Next, click on the “Avoiding Foreclosure” link or contact Midwest Loan Services, Inc. toll free at 800-262-6574.

For a home equity loan or home equity line of credit with Solano First, we must review your financial situation to determine the best possible way to assist you. Please provide the following information:

• A letter explaining your current situation and hardship
  
• Your last pay stub or unemployment check stub
  
• Your last three account statement from checking, savings, 401(k)/IRA/retirement account, and any other accounts you maintain at other financial institutions
  
• The name and phone number of your real estate listing agent, if applicable
  
• A copy of your signed federal tax returns, including all schedules for the last two years
  
• A copy of your debt counseling summary from Balance Financial Fitness

If you have questions or need more information, please visit any one of our convenient locations or call us at 707-422-1342 or toll-free at 800-422-6988.