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Routing Number: 272479663
Swift Code: MSUCUS44
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MSUFCU | Financial Library | Foreclosure Survival Guide

Foreclosure Survival Guide


Having Trouble Making Your Mortgage Payment? 

No matter the reason you've fallen behind on your mortgage payment, MSUFCU wants to help keep you and your family in your home.


Your financial setback may be short-term in nature and temporary, or it may be long-term and your payment is just too much for your income and budget. Don't wait! If you are having trouble making your monthly payment, act now. Communication with MSUFCU is very important for us to help you maintain your home. Not making your loan payments and not communicating with your lender about your situation can have serious consequences.


If you are delinquent on your mortgage payments, or expect to be, contact MSUFCU or your mortgage lender immediately. Communication with your lender is very important and puts you in a positive light. Not making loan payments and not communicating with your lender about your situation can have serious consequences. MSUFCU offers services and financial counseling for members struggling to make payments.


MSUFCU and other lenders offer the following solutions to borrowers who have fallen behind on their mortgages:

  • Temporarily reducing or waiving payments
  • Establishing a short-term payment plan to help make up the deficit

If you find you are having trouble contact MSUFCU immediately. We can evaluate your current situation and work with you to get you back on your feet. Call us today at 517-333-2424 or 800-678-4968.


Step Forward Michigan
MSUFCU also works with the Michigan State Housing Development Authority (MSHDA) and its assistance program for homeowners at risk of foreclosure through the Step Forward Michigan program. Michigan has been hit particularly hard by the foreclosure crisis. Now, through MSHDA and the Step Forward Michigan program, federal funds are available to stop foreclosures and help Michigan homeowners stay in their homes. 


Homeowner’s may be eligible to receive assistance on their primary residence from one of Michigan’s four programs:

  • Unemployment Mortgage Subsidy Program
  • Loan Rescue Program
  • Modification Plan Program
  • Principal Curtailment Program

Visit Step Forward Michigan for more information and to apply for loan assistance.