Reinstatement & affordability
What will it cost to catch up — and can you afford to stay?
Two questions decide a lot: the lump sum to reinstate your loan, and whether the monthly payment is sustainable going forward. This estimates both. Nothing is collected; it's a rule-of-thumb, not a lending decision.
Reinstate vs. modify
Catching up isn't always the answer
Reinstating works when the hardship is behind you and the payment fits your budget. If the payment was always a stretch, catching up just resets the same problem. In that case a loan modification, or if staying isn't realistic a short sale or deed-in-lieu, may protect you better. A free HUD counselor can compare these with your real numbers.