Behind on your mortgage? Get ahead of it now
Three missed payments feels like the end of the world. It isn't — and selling early usually leaves you with more options and more equity.
- No repairs or cleaning
- No agent commissions
- Funds held by title
The short answer
DispoKey buys houses for cash from homeowners who are behind on their mortgage, paying off the full loan balance and arrears at closing so the account is settled before it reaches foreclosure.
What weighs on you
We hear this every week
Arrears snowball
Late fees, inspection fees and interest get added to the balance.
Options shrink with time
The earlier you act, the more choices you have.
Stress follows you home
Calls, letters and uncertainty every single day.
Side by side
Your options, honestly compared
Direct sale with DispoKey
- Time to resolve
- As little as 10–14 days
- Upfront costs
- None
- Continuing late fees
- Stop at closing
- Certainty of the date
- You choose it
Keep trying to catch up
- Time to resolve
- Uncertain
- Upfront costs
- Arrears + fees
- Continuing late fees
- Continue
- Certainty of the date
- None
List with an agent
- Time to resolve
- Often 2–4 months
- Upfront costs
- Repairs, staging, commission at close
- Continuing late fees
- Continue until it sells
- Certainty of the date
- Depends on the buyer's lender
How it works
Four calm steps, at your pace
Tell us where you stand
How many payments, and any letters you've received.
See your real numbers
Your offer shows the payoff, the arrears and your net.
Pick a closing date
Close in a week or give yourself more time to move.
Loan paid in full
Title pays the servicer directly; you get the remainder.
The short answer
DispoKey buys houses for cash from homeowners who are behind on their mortgage, paying off the full loan balance and arrears at closing so the account is settled before it reaches foreclosure.
- 1Tell us where you stand
- 2See your real numbers
- 3Pick a closing date
- 4Loan paid in full
What happens after you miss payments
Servicers typically charge a late fee after the grace period, report the delinquency to credit bureaus after 30 days, and send notices about loss-mitigation options. Federal rules generally keep a servicer from making the first foreclosure filing until the loan is more than 120 days delinquent, which gives you time to decide.
Use that window. Call your servicer and ask about forbearance, repayment plans or a modification. A HUD-approved housing counselor is free. If none of those work, or you simply want out, selling while you still have time is usually the cleanest outcome.
Why selling early protects your equity
Every month of arrears and fees comes out of your equity at the end. Selling earlier means less is owed and more is yours. No agent commission and no listing fees. We cover the typical seller closing costs in our offer.
This page is general information, not legal, tax or financial advice. Rules vary by state; for your specific situation, talk with a licensed attorney, tax professional or HUD-approved housing counselor.
Questions homeowners ask
Related situations
See your options today
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