Home / FAQs / If a loan has to be 61 days delinquent to be considered for a Loss Mitigation incentive, should the servicer intervene early?

If a loan has to be 61 days delinquent to be considered for a Loss Mitigation incentive, should the servicer intervene early?

Unless the loan is 61 days delinquent, it will not be eligible for incentive payment. Therefore, the servicer should intervene as soon as possible to avoid foreclosure.

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