Prioritize Your Spending and SAVE Money

Review your finances and cut spending where you can. Look especially at variable expenses like entertainment, clothing and memberships.

• Highest Priority Expenses: Food, mortgage payments, utilities, essential transportation, and unavoidable health-related expenses.
• Lowest Priority Expenses: Eating out, movies/entertainment, cable, Internet (unless required for work purposes).

Do you have assets you can sell? Can anyone in your household work more hours for additional income?

• Possible Sources of Income: Pension plan loans, food stamps, fuel assistance, property tax abatements, and unemployment or disability income.

Efforts such as those noted above demonstrate to your lender that you are willing to make sacrifices to keep your home.