Foreclosure Prevention

Counselors assist clients by seeking resolution of mortgage default and delinquency problems. Clients receive counseling on alternatives to foreclosure such as forbearance relief, pre-foreclosure sale, deed-in-lieu of foreclosure, and refinancing.  The Housing Counselor will verify the clients problem, identify the causes of default and delinquency, contact loss mitigation department to discuss alternative strategies, negotiate with lenders and creditors to prevent foreclosure, assess financial stability, establish household budget and credit management plan, establish a repayment plan and if necessary assist client with identifying alternative housing.