Finding relevant information and resources online can be daunting. If you’re in the midst of gathering the facts to help you avoid foreclosure it can start to feel like a wild goose chase. The important thing to remember is that the information is free and before you pay someone help you modify your mortgage or give you advice (unless they are an attorney), check out these government websites:
Hope Now is an alliance between HUD approved counseling agents, mortgage companies, investors, and other mortgage market participants that provide free foreclosure prevention assistance.
Use the self-assessment tools provided on this website to see if you are among the 7 to 9 million homeowners who may be able to benefit from Making Home Affordable.
If your home is owned by Fannie Mae or Freddie Mac you may be eligible for a Making Home Affordable Refinance to take advantage of lower interest rates. Only loans owned or guaranteed by Fannie or Freddie are eligible.
- Fannie Mae Loan Look-Up or call 1-800-7FANNIE (8am to 8pm EST)
- Freddie Mac – call 1-800-FREDDIE (8am to 8pm EST)
Find a HUD-approved counseling agency in your area.
The Financial Stability Plan, straight from the government, is a website packed with press releases, news, reports, and much more.
If you’ve done the research and come to find that your only possible option is to short sale your home, please contact me to discuss how I can make this a smooth process for you.