Homeownership comes with great advantages and some challenges at times. We understand that just because owning a home was right for you and your family at one time, occasionally life can end up changing your plans. We offer several options for our homeowners who might be struggling to make mortgage payments, need to relocate for a new career, or are no longer in the position to own a home due to hardships. We try to make it as seamless and stress-free as possible for our homeowners and below we outline the options we offer.

•  Loan Extension: A loan extension is a great option for a homeowner who experienced a valid short-term hardship. The past due amount of their mortgage will be added onto the back end of the loan and the resident will continue paying their monthly mortgage.
•  Loan Modification: We offer four different types of loan modifications, permanent, temporary, unemployment and SSI/Disability modification. Depending on a homeowners’ specific situation they may qualify for one of the loan modifications. All modifications result in some variation of an adjustment to the interest rate, terms or principle balance on a loan.
• Broker Sales: Our community sales & leasing staff would be more than happy to help you sell your home if needed. Our communities have potential buyers visit each and every day and if you team up with YES! we can show your home to these prospects. Our community staff will do all of the work for you including getting your home appraised, marketing, small repairs and showings!

In addition to offering several affordable options to buy a home, we also want to make sure our homeowners have accessible exit options available if they require them. If you are experiencing hardships we encourage you to reach out to your community management to discuss the options you have and which option might work best for you and your family.