Do you need to relocate within a tight timeframe because of a permanent change of military station or other job transfer and want to explore options for selling your home quickly?
The short answer: If Freddie Mac owns your loan and you owe more than your home is worth, you might be eligible for a short sale if the transfer makes your commute at least 50 miles each way from your current home.
Contact your servicer and ask for a review of your mortgage terms. A housing counselor also could help you understand your options.
Find answers to more questions:
- Who do I call … about a letter I received from Freddie Mac?
- Who do I call … for mortgage help during financial hardship?
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