Loss Mitigation Information
Financial Hardship and Alternatives to Foreclosure
Marquette Savings Bank understands that at any time circumstances may arise that change your financial situation. Please rest assured that Marquette Savings Bank wants to work with customers to find a way to help. Depending on whether you want to stay in your home or find different housing, Marquette offers different alternatives.
Loss mitigation options that Marquette Savings Bank currently offers for customers who wish to continue living in their home include:
Loss mitigation options that Marquette Savings Bank offers for customers who do not wish to continue living in their home include:
If you are not able to continue paying your mortgage, your best option may be to find more affordable housing. As an alternative to foreclosure, you may be able to sell your home and use the proceeds to pay off your current loan.
To find out if these loss mitigation options are available to you, please print and complete a loss mitigation application and mail it to:
Marquette Savings Bank, Collections Department
920 Peach Street
Erie, PA 16051
If you have any questions, please call the Collections Department at 1-866-672-3743 or 814-455-4481.
For help exploring your options. The Federal government provides contact information for housing counselors, which you can access online or by calling 1-800-569-4287.