eastpointeny

1 Are you at Risk Of Foreclosure?

bloglines.com
1. Helping Americans 2. Avoiding Foreclosure

Avoiding Foreclosure

On This Page

Are You At Risk of Foreclosure?
Tips for Avoiding Foreclosure
When a Loan Provider Won't Deal With You
Related Information

Speak with a HUD-Approved Housing Counseling Agency
FHA Loss Mitigation Services
There are a number of programs to assist property owners who are at threat of foreclosure and otherwise battling with their regular monthly mortgage payments. Please continue reading for a summary of resources available.

Please read FHA's sales brochure, "Save Your Home: Tips to Avoid Foreclosure," also released in Spanish, Chinese and Vietnamese.

Contact Your Lender

If you are experiencing problems making your mortgage payments, you are encouraged to contact your lending institution or loan servicer directly to ask about foreclosure avoidance choices that are available. If you are experiencing difficulty interacting with your mortgage lender or servicer about your requirement for mortgage relief, there are organizations that can help by contacting lending institutions and servicers on your behalf.

Assistance for FHA-Insured Homeowners

The Federal Housing Administration (FHA), which belongs of the U.S. Department of Housing and Urban Development (HUD), is working strongly to stop and reverse the losses represented by foreclosure. Through its National Servicing Center (NSC), FHA offers a variety of various loss mitigation programs and informational resources to help FHA-insured house owners and home equity conversion mortgage (HECM) debtors dealing with monetary challenge or joblessness and whose mortgage is either in default or at threat of default.

Click Here to log onto the NSC Loss Mitigation Programs home page.
Click Here for responses to Frequently Asked Questions about FHA's loss mitigation programs.
Contact FHA

FHA staff are offered to help answer your concerns and help you to much better understand your options as an FHA borrower under these loss mitigation programs. There are numerous methods you can get in touch with FHA for additional information, including:

- Call the National Servicing Center at (877) 622-8525
- Call the FHA Outreach Center at (800) CALL FHA (800-225-5342).
- Persons with hearing or speech impairments might access this number through TTY by calling the Federal Information Relay Service at (800) 877-8339.
Email the FHA Resource Center.
The Online FHA Resource Center.
Are you at risk of foreclosure and losing your home? Foreclosure does not occur overnight

Have you missed your home payment?

Search for a HUD-approved housing counselor, or.
- Call toll totally free (800) 569-4287 to discover a housing counselor near you, or.
- Call the Homeowners Hope Hotline at (888) 995-HOPE.
Haven't missed out on a home payment yet, however afraid you might?

Has your monetary circumstance altered due to a mortgage payment boost, loss of task, divorce, medical expenditures, boost in taxes or other factors?

- Is your credit card debt ending up being uncontrollable?
- Are you using your credit cards to purchase groceries?
- Is it becoming difficult to pay all your month-to-month bills on time?
If it's ending up being harder to make your home payment monthly:

Contact a HUD-approved Housing Counselor, or.
- Call toll free (800) 569-4287 to find a housing counselor near you.
- Read our Tips for Avoiding Foreclosure.
Few people believe they will lose their home