Avoiding Foreclosure
Foreclosure is a legal process that occurs when a homeowner cannot make mortgage payments, but there are steps to prevent it.
Contact the Mortgage Lender
Homeowners should contact their lenders to explain their payment difficulties and discuss potential assistance programs. The lender's contact information is on monthly mortgage loan statements or on the lender's website.
Foreclosure Prevention Counseling
The Foreclosure Mediation Assistance Program offers free virtual counseling to help homeowners make informed decisions. Find a counselor.
Emergency Financial Assistance
- Social Services for the Homeless provides utility and mortgage assistance to households at risk of homelessness but ineligible for welfare programs.
- The Emergency Rescue Mortgage Assistance Program provides up to $75,000 for eligible homeowners impacted by COVID-19 to help with mortgage payments and delinquent taxes. Learn more online or by calling 855-647-7700.
Mortgage Refinancing Options
- BlueHub SUN helps homeowners with stable incomes stay in their homes. It buys foreclosed homes and sells them back to their original homeowner with a new affordable mortgage. Learn more online or by calling 855-604-4663.
- The Stay at Home Streamline Refinance Program offers refinancing for existing FHA-insured mortgages. Learn more online or by contacting your lender.
- Neighborhood Assistance Corporation of America offers short-term financial assistance and mortgage modification, like changing the rate or term of a montage. Learn more online.
Foreclosure Protections for Military Personnel
The Servicemembers Civil Relief Act (SCRA) protects service members from foreclosure without a court order. Eligible service members should contact their lender or visit a JAG office for more information.
Mortgage Relief Scams
During this vulnerable time, scammers try to take advantage of homeowners. Learn about common scams.