Workout Loans

Easing Your Financial Hardship.

If Xceed Financial Credit Union is your primary mortgage lender and you are experiencing a hardship, contact us immediately at 800.993.9328, extension 74354, to request a Workout Loan. You will need the following items when requesting a Workout Loan:

  • Last two years' W-2s and current paystubs
  • Federal tax returns for the previous two years
  • Hardship letter explaining the circumstances regarding the default and how a Workout Loan will help you avoid foreclosure
  • Two months' current statements for all bank/credit union accounts (excluding your Xceed Financial Credit Union account(s))
  • Listing agreement for the subject property, if currently listed, and current asking price
  • Any offers to purchase the subject property