If you're having financial difficulties, let's discuss your options.

If you cannot afford your monthly mortgage payments to Montecito Bank & Trust and wish to avoid foreclosure, you may be eligible for a loan "workout" or modification to the rate, term and monthly payment of your loan or line of credit. We determine eligibility for loan "workouts" on a case-by-case basis. Among other things, we will consider the value of your property and your ability (based on your current income) to make monthly mortgage payments in accordance with the "workout." You may also qualify to refinance your current loan with us.

You will need to provide us with certain financial information, including the following:

• Your most recent paycheck stub or financial statement if self-employed
• Your current monthly expenses
• Your most recent tax return
• Your most recent bank statements

If you would like to discuss your options to avoiding foreclosure with us, please call the Credit Administration Department of Montecito Bank & Trust at 1-800-348-0146.

You may also contact the Department of Housing and Urban Development (HUD) to find a HUD-certified housing counseling agency by calling HUD TOLL FREE at 1-800-569-4287. Additional information is made available by HUD on its website at www.hud.gov.