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Mortgage Reality Check Quiz

Welcome! This quiz will take just a few minutes to complete. It will help you understand your situation, identify problems, and provide guidance. Just answer yes or no to each question.

A Quiz for Homeowners

  1. Do you know what type of mortgage you have?
    • Yes
    • No
  2. (Skip questions 2 and 3 if you do NOT have an Adjustable Rate Mortgage.) If you do have an adjustable rate mortgage, do you know when the interest payment and rate will increase?
    • Yes
    • No
  3. Are you concerned about not being able to make your mortgage payments once your interest rate goes up?
    • Yes
    • No
  4. Do you owe more on your mortgage than your home is now worth?
    • Yes
    • No
  5. Have you received collection letters and / or phone calls from creditors, mortgage brokers, or a foreclosing lender?
    • Yes
    • No
  6. Have you received a foreclosure notice on your home?
    • Yes
    • No
  7. Have you applied for, and been denied new credit in the past six months?
    • Yes
    • No
  8. In the past six months, have you skipped paying some bills to have enough money to pay others?
    • Yes
    • No
  9. Did you make the last three mortgage payments on time?
    • Yes
    • No
  10. Do you believe you can refinance your home and everything will be fine?
    • Yes
    • No
  11. Are you having trouble sleeping because of worry about your current financial situation, the possibility of losing your home or car, or your ability to use credit?
    • Yes
    • No
  12. Do you believe that your credit worthiness is damaged beyond repair?
    • Yes
    • No