Get Help to Avoid Foreclosure
Stop foreclosure and save your credit.
There are several support programs available during foreclosure to help homeowners avoid losing their homes.
Home Affordable Modification Program
HAMP is a federal program designed to help homeowners who are at risk of foreclosure lower their monthly mortgage payments. Under HAMP, homeowners may be eligible for a loan modification that reduces their interest rate, extends the term of their loan, or both.
Housing and Urban Development
HUD is the Federal agency responsible for national policy and programs that address America’s housing needs, that improve and develop the Nation’s communities, and enforce fair housing laws.
Making Home Affordable Program
MHA has helped homeowners avoid foreclosure by providing a variety of solutions to modify or refinance their mortgages, get temporary forbearance if they are unemployed, or transition out of homeownership..
It’s important to remember that these programs are not a guarantee of success, but they can provide valuable support and resources for homeowners facing foreclosure. If you’re facing foreclosure, it’s important to reach out for help as soon as possible to explore your options and take advantage of available support.
State and Local Assistance Programs: Many states and local governments have programs in place to help homeowners facing Foreclosure. These programs may provide financial assistance, legal support, or counseling services.
Housing Counseling: Housing counseling can help you understand your options for avoiding foreclosure and provide support as you work through the process. Housing counselors can help you create a budget, negotiate with your lender, and access government programs.
Find help for your situation
Homeowners who are facing foreclosure should seek help from housing counselors or other resources to explore their options and potentially avoid foreclosure. While navigating foreclosure can be a difficult process, there are resources available to help homeowners find positive outcomes and move forward.
FORECLOSURE AVOIDANCE PROGRAM
A trained and neutral mediator conducts a face-to-face meeting (referred to as a dispute resolution conference) between a homeowner and their lender with the goal of avoiding home foreclosure.
Homeowners Assistance Fund
The purpose of the Homeowner Assistance Fund (HAF) is to prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services, and displacement of homeowners experiencing financial hardship