Notice: Undefined index: action in /home/reliantm13/public_html/wp-content/themes/ave/functions.php on line 2

Warning: fopen(/home/reliantm13/public_html/wp-content/uploads/wp-file-manager-pro/fm_backup/.htaccess): failed to open stream: Permission denied in /home/reliantm13/public_html/wp-content/plugins/wp-file-manager/file_folder_manager.php on line 60

Warning: fwrite() expects parameter 1 to be resource, boolean given in /home/reliantm13/public_html/wp-content/plugins/wp-file-manager/file_folder_manager.php on line 62

Warning: fclose() expects parameter 1 to be resource, boolean given in /home/reliantm13/public_html/wp-content/plugins/wp-file-manager/file_folder_manager.php on line 63
What is Foreclosure? – Reliant Home Mortgage
Skip links

What is Foreclosure?

It’s when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.

GET A QUICK QUOTE





Get started with your Digital Mortgage

No hassle, no obligation

Get Started Now!