Home surrounded by trees turning for fall

Foreclosure Help

Falling behind on payments? Let's look at your options.

We understand how much your home means to you.

Sometimes, financial hardship puts individuals and families in difficult circumstances. We don't think you should have to face those challenges alone. If you have a mortgage with us, and are having trouble making payments, our representatives can meet with you and explain ways that you may be able to avoid foreclosure.

  • A repayment plan where you resume making your regular monthly payment - plus a portion of your past-due payments - until you bring the loan current.
  • A loan modification where the terms of your loan are changed to lower your monthly payment, extend the term of your loan, change the interest rate on your loan, or a combination of these.
  • A short sale of your property where your property is listed for sale and sold for less than the full loan amount owing, which the credit union may accept as full satisfaction of the amount you owe.
  • A deed-in-lieu where you sign over your ownership interest in your property to the credit union in order to avoid the foreclosure process.
To get started, please call our Asset Recovery Department at 1-800-843-7128. Please note that you may or may not be considered for some or all of the above foreclosure avoidance options. P1FCU reserves the right to decline any or all of the above foreclosure avoidance options.

Important Documents

Before contacting P1FCU to discuss options to avoid foreclosure, please collect the following documents:

  • Your member account number
  • Your most recent federal tax return
  • Your most current income documents, including paystubs and public benefits documents (for example unemployment, Social Security, pension)
  • A list of your monthly expenses.


Government housing counselors and legal assistance may be available at little or no cost to you. If you would like to learn more about your rights and opportunities to keep your house, you may contact the following:

United States Department of Housing and Urban Development:
Toll-free: 1-800-569-4287
Local counseling agencies in Washington:
HUD Website

The statewide civil legal aid hotline for assistance and referrals to other housing counselors and attorneys:
Toll-free: 1-800-606-4819
Northwest Justice Project Website