Deed-in-Lieu

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Foreclosure Avoidance Short Sales
Bayview's Loan Counseling Department Is Here to Help You

The sooner you contact us, the faster we can work together to get your account back on track.

1.800.771.0299
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Saturday: 8am-5pm (ET)
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Common Reasons for Financial Hardship
  • Unemployment
  • Divorce
  • Death of a family member
  • Disability or Illness
Please contact us toll free:
Bayview Loan Counseling
1.800.771.0299


HUD Certified Counseling Agencies
1.800.569.4287

Resources for New York Homeowners
Approved Counseling Agencies New York

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Resources for Chicago Homeowners
Neighborhood Housing Services Chicago

Resources for South Florida Homeowners
Neighborhood Housing Services South Florida

Call our Loan Counselors for Other Options at 1.800.771.0299

What is a Deed-In-Lieu of Foreclosure?
A deed-in-lieu of foreclosure is an alternative to foreclosure whereby you voluntarily transfer ownership of a property over to the lender. This is usually an option when a property could not be sold through a short sale after 120 days. A deed-in-lieu may help you rebuild your credit sooner than a foreclosure.

What to Expect with a Deed-in-Lieu
A deed-in-lieu is an alternative which may:
  • Prevent further damage to your credit scores.
  • Eliminate the cost and stress of a foreclosure.
  • Allow you to be eligible to apply for a Fannie Mae mortgage up to five years sooner than if a foreclosure is completed.

The process typically takes 30-40 days to complete, however the exact timeframe will depend on your specific situation.

As foreclosure avoidance professionals, Bayview can complete a deed-in-lieu transaction quickly. The sooner you contact us, the faster we can work together to get your account back on track.

Important Documentation
In most cases, a Hardship Application may be the first step for Bayview to review your current financial situation when requesting help with your mortgage. Your Bayview representative will advise you if you need to complete this application.

Once you have completed the application, please use one of the five simple ways to return documents to Bayview.

Is a Deed-in-Lieu right for me?

Why would a lender want to help me avoid foreclosure?


Call our Loan Counseling department at 1.800.771.0299 to learn more about your foreclosure avoidance options.
Choose the right path for you. Get started now.
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