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How It Works

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At Contemporary Capital USA we help borrowers out of a crisis situation with their mortgages by providing custom solutions to their problems.

We know that circumstances often spiral out of control. Job loss, decrease in hours, divorce and illness can all set homeowners back financially. We work with homeowners regardless of the reasons they have fallen behind on their mortgage.

The good news is that many borrowers have managed to recover financially but still find themselves struggling to meet their mortgage obligations. We have solutions for those borrowers as well.

We know banks are difficult for many borrowers to work with. In most cases, this is because they simply do not have the resources available to provide customized solutions.

At Contemporary Capital USA we work with you to develop the best possible workout solution based on what you need today and what you hope to accomplish in the future.


A home is the largest investment most people will make in their lifetime.  The potential loss of that investment can be devastating.  Contrary to popular opinion and media hype, foreclosure is rarely the preference of mortgage holders.  The key to saving your home is early and constant communication with the note holder or a representative. Contemporary Capital USA is here to assist you with a variety of workout options to solve short- or long-term financial difficulties.  We are ready to listen to your situation and work with you to get your mortgage back on track.  Even those borrowers who are several months delinquent may have options that provide a fresh start.

Once you are aware of a situation that will affect your ability to make complete, timely payments, call us.  Even if it is a temporary situation that you can resolve in 1-3 months, communicate with us to avoid breach notices and other expensive default practices.  Together, you and our representatives can develop a plan to resolve the shortfall and return your mortgage to performing status in the shortest time possible.

For those customers already in default who are looking to avoid loss of their home, please call or email us to request a qualification package.  This simple document will help you illustrate your current financial situation and help us find you a solution.  Be prepared to fill out the application as completely as possible and return it with copies of your pay stubs, W2s, monthly bills and other supporting documentation.

Foreclosure alternatives are many.  Below is a list of suggested options to avoid foreclosure:

  • Spending changes – consider elimination or reductions to cable providers, internet services, cell phone plans, dining out, charitable donations and other optional expenses;

  • Sale of second homes, recreational vehicles, additional cars, or garage sales;

  • Assistance from local assistance programs, family, friends, churches and other charitable organizations;

  • Debt prioritization – make sure your house payment comes before assistance to family members or payments to collection agencies, medical bills and other debts;

  • Workout plans with your mortgage company/Loan servicer – may include payment arrangements, deferrals, forbearance agreements or modifications – not all note holders offer all plans;

  • Contemporary Capital USA staff can advise which plans are available to you;

  • Refinance – consult your bank or credit union for loan options to payoff your existing home debt and start fresh with a new loan;

  • Sale of home – your home may be sold by you at any time – consult a realtor to determine if this is your best option to payoff the debt and preserve your equity;

  • Deed in Lieu of foreclosure – if you have no way to solve your delinquency, such as permanent loss/reduction of income – contact us to see if giving back your home is an option.

Contemporary Capital USA is here to help you.  Please call us at (800) 832-9967 and let’s discuss your personal situation today!

Additional support can be found by clicking the links below.

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