Speak to your HELOC lender once you can not create money When there is sufficient guarantee yourself, odds are lenders have a tendency to prefer to foreclose because they enjoys an opportunity for healing some funds following the first mortgage was paid. not, in the event your citizen try underwater-definition their residence is really worth below what they are obligated to pay-next lenders is less likely to foreclose as they wouldn’t receive any currency immediately after repossessing the house or