Many mortgage problems lead to foreclosure. If a homeowner cannot afford to pay his or her mortgage payments, then the bank often will foreclose sooner or later.

There are many things that a homeowner with mortgage problems can do but they need to be done sooner after the homeowner realizes that he or she will not be able to afford the house payments.

Ask for help as soon as you can. Do not wait or be in denial, things will be much worse and the problems will not go away when you ignore them. Many creditors will work with homeowners.