How It Works
We help you keep your home—without banks or credit checks.
1. Immediate Foreclosure Intervention
If your property is at risk, we act fast. My Home Savers LLC may pay your past-due mortgage balance, and depending on your home’s equity, we may even pay off the entire mortgage. This stops the foreclosure process and gives you a fresh financial start.
2. Deed Transfer & Lease-Purchase Agreement
In exchange for our financial support, you temporarily transfer the deed to My Home Savers LLC. We then enter into a lease-purchase agreement that allows you to remain in the home and buy it back later.
3. Affordable Lease Terms
Your monthly lease payments are typically structured to match your original mortgage—making it easier for you to stay in your home while you get back on your feet.
4. Equity Preservation
When you’re ready to repurchase your home, your original equity is deducted from the buy-back price. This ensures that your ownership stake is preserved and helps reduce the final cost to return the property to your name.
Eligibility Criteria
To qualify for our program, you must meet the following requirements:
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Home equity
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Facing foreclosure or scheduled for auction
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Can’t keep up with the financial responsibilities
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Willing to sign a lease-purchase agreement and temporarily transfer the deed
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We use your equity as collateral to provide the financial support you need.
What We May Cover
Our goal is to give you the breathing room to recover without losing your home.
Service Fees
Our service fee is customized on your home’s value and is based on:
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Your current equity
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The total amount of financial assistance provided
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The time required for you to regain stability
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The condition of your property
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All fees are clearly presented in your My Home Savers Term Sheet—never hidden, never upfront.