Help for Pima County, Arizona, homeowners who want to keep their home
Keep Your Home Arizona is operated by Residential Capital, LLC. The program is intended for homeowners looking for a way to address mortgage arrears and remain in their home. We meet one-to-one with homeowners after shaping an individual program and work with them through closing.
Our team has helped hundreds of homeowners over the past 10 years. Every property and situation is reviewed individually. This page serves Pima County homeowners. Our coverage includes Maricopa, Pima, Pinal, Yavapai, Mohave counties. Learn more in our guide to getting help when you are behind on your mortgage in Arizona.
How the home-equity loan works
This is a private loan secured by a lien recorded against the home; it is not a grant or government program. If approved, funds are usually paid directly to the mortgage servicer to address past-due payments. In some situations, some funds may be paid directly to the homeowner. The amount and use of funds depend on the individual review and written agreement.
Review based on home equity
The program review is based on the home’s available equity, not a minimum credit score or income requirement. Property and case details still matter.
Typically no immediate scheduled payments
The loan is structured so regular payments are not typically due immediately. Homeowners may make payments if they choose. The signed loan documents control the exact terms.
Plan for repayment
There is usually a checkpoint after about one year to discuss a repayment strategy. Depending on the homeowner’s situation and current rates, that may include a HELOC, another second mortgage, or refinancing. A future loan or refinance is not guaranteed.
Costs vary by situation. Before signing, homeowners receive the proposed costs, repayment terms, lien information, and other material terms in writing. Review those documents carefully and ask questions before deciding.
What to expect after an inquiry
We typically reach out the same day. The first step is reviewing a current mortgage statement to understand the arrears and loan balance. Initial decisions are usually made within a day or two after we have the information needed to review the situation. Timing varies by case, and submitting an inquiry does not guarantee approval or funding.
If a sale is scheduled, include its date in your inquiry so we can assess the time available for review and funding.
Questions homeowners ask
Can I just start making my regular payment again?
Your mortgage servicer may require you to address the missed payments as well. Ask the servicer for the amount needed to bring your loan current; the answer depends on your loan and circumstances. Arizona A.R.S. § 33-813 generally permits eligible parties to reinstate by curing the default and paying required amounts before 5:00 p.m. mountain standard time on the last day other than a Saturday or legal holiday before the sale, or before an action to foreclose the deed of trust is filed. A.R.S. § 33-807(D) separately prohibits a trustee sale before the 91st day after the sale notice is recorded. That notice period is not a fixed 90-day reinstatement deadline. Cure includes required past-due amounts, costs, and fees, excluding principal accelerated solely because of default. Confirm the applicable deadline and accepted payment method with the trustee or an Arizona attorney. Submitting an inquiry does not stop or extend a foreclosure deadline. This is general information, not legal advice.
What if I have two mortgages?
You can include approximate balances for both your first and second mortgage in the inquiry. We review the situation individually and explain whether there may be a fit.
Is this a grant or a loan?
It is a private loan secured by a lien recorded against the home. Proposed costs, lien information, and repayment terms are explained in writing before you sign.
Do I need money up front?
No. Our goal is to help homeowners facing financial stress without adding to the immediate pressure on an already tight budget. Loan-related costs depend on your situation and will be rolled into your loan upon funding.
When do payments start?
Regular payments are typically not due immediately, and homeowners may make payments if they choose. The signed loan documents control. A repayment strategy is usually reviewed after about one year; future HELOC or refinance approval is not guaranteed.
Do credit score or income determine eligibility?
The program review is based on available home equity rather than a minimum credit score or income requirement. Each property and situation is reviewed individually.
Request a private review
Approximate numbers are fine. Please do not enter Social Security numbers, mortgage account numbers, or other sensitive documents.
Foreclosure sale scheduled? Contact us right away.
Residential Capital, LLC has helped homeowners with emergency funds that stopped scheduled foreclosure sales. Submit an inquiry and tell us the sale date so we can quickly review the amount needed to bring the mortgage current, available home equity, and the timing for getting funds to the servicer.
Emergency funds depend on the homeowner’s situation, available funds, the servicer’s requirements, and the time remaining before sale. We’ll review your circumstances promptly and explain what may be possible.
Arizona Foreclosure FAQ
How many months behind before foreclosure in Arizona?
For most covered mortgages, federal servicing rules generally prevent the first foreclosure notice or filing until the loan is more than 120 days delinquent, roughly four months; exceptions apply. Arizona then requires a separate trustee-sale notice period: under A.R.S. § 33-808, the auction date can be no sooner than the 91st day after the Notice of Trustee’s Sale is recorded. This is often described as a 90-day minimum notice window. These are separate stages, not a guaranteed auction date based on a fixed number of missed payments. Servicing requirements, postponements, and case-specific circumstances may extend the process.
When is the absolute cutoff to cure my default in Arizona?
For a qualifying default accelerated before the loan’s scheduled maturity, A.R.S. § 33-813 permits reinstatement before 5:00 p.m. Mountain Standard Time (MST) on the last day other than a Saturday or legal holiday before the trustee sale, commonly described as the last business day before the sale. Cure requires the amounts then due, permitted costs and fees, and correction of other defaults, excluding principal due only because of acceleration. Obtain a written reinstatement quote and acceptable payment instructions from the trustee early. Payment must be completed before the cutoff; requesting a quote does not extend it. Confirm the precise deadline and sale cancellation with the trustee.
Are private foreclosure bailout loans available in Arizona?
Private home-equity financing may be available to eligible Arizona homeowners facing foreclosure. Sometimes called foreclosure bailout loans, these are repayable loans secured by the home, not grants or guaranteed relief. Depending on the transaction, a new home-equity lien may fund mortgage arrears and reinstatement costs, or refinancing may pay off the foreclosing loan. Approval depends on available equity, title and lien priority, repayment ability, costs, and time to close. Funding and payment must be completed by the applicable deadline for reinstatement or payoff to stop the trustee sale. Missed payments on the new loan can put the home at risk. An inquiry or preliminary approval does not itself stop or postpone foreclosure.
Sources: 12 CFR 1024.41(f), A.R.S. § 33-808, and A.R.S. § 33-813. Read the Arizona Foreclosure Timeline & Reinstatement Guide for more detail.
General educational information, not legal advice. Residential Capital, LLC reviews each situation individually. Financing is subject to approval and does not guarantee foreclosure relief. Submitting an inquiry does not stop or extend foreclosure deadlines.