Homeowners of any status are at an advantage if they understand how to stop foreclosure, save their home, and continue with their mortgage beforehand. The truth of the matter is that most homeowners wait until issues actually arise, at that point becoming painfully aware about ways of saving their home, sometimes only after it is too late. Stopping foreclosure can begin well in advance of any financial hardships. Determining if you qualify for federal modification programs, inquiring about programs available from your lender, or just simply saving money can assist in preventing foreclosure. Sometimes, however, nonpayment may occur with the permanent loss of job or other major hardship, and would therefore be inevitable. Still, being informed about the ways of stopping foreclosure can give homeowners a step up on finding a resolution. In terms of particular alternatives, homeowners may want to become educated regarding methods such as deed in lieu, loan modification, short sale, and even bankruptcy.