There are many options our housing counselors can explore with homeowners who are struggling with mortgage debt. One option is the deed in lieu of foreclosure. A deed in lieu… read more →
The FHA (Federal Housing Administration) offers a mortgage loan program that shortens the period of time one has to wait after filing bankruptcy, being foreclosed upon, or giving up a… read more →
The first time home buyer tax credit was a program that was available for homes purchased as your primary residence between April 2008 and May 2010. Under that federal program,… read more →
One often hears about deferments and forbearances when dealing with student loan debt. However, housing and mortgage-related debt can also benefit from these options, if the lender offers. These options… read more →
The Back To Work—Extenuating Circumstances mortgage loan program helps people who previously lost their home to foreclosure, short sale, or deed in lieu. The FHA program gets these consumers back… read more →
There are many programs in place for various kinds of first time home buyers. These programs help those who are ready to enter homeownership, but could use some assistance because… read more →
HOEPA, or the Home Ownership and Equity Protection Act, protects homeowners when they refinance or get home equity loans. The law attempts to prevent unfair practices from lenders who offer… read more →
Sometimes we help people take advantage of the “Cash for Keys” program. This helps homeowners who are avoiding foreclosure through a deed in lieu. With Cash for Keys, the lender… read more →
When we help homeowners save their homes from foreclosure, mortgage modification is a common option we explore. Because the process of getting a modification can be very involved, having a… read more →
Four years ago, in response to the ongoing housing crisis, the government established the “Hardest Hit Fund” to help homeowners most affected by unemployment rates and declines in property value.… read more →