Mortgage Default and Foreclosure Prevention services are provided free-of-charge to homeowners at risk of foreclosure. Housing counselors provide a review of the homeowner’s situation to reveal the available options. Some available options may include refinance, forbearance, repayment plans, modification, or emergency mortgage assistance.
The Homeowner Assistance Fund (HAF) is a free service for homeowners battling financial hardship. Qualified homeowners can receive up to $62,000 for assistance with past due mortgage payments, non-escrowed taxes, homeowner’s insurance, and HOA fees. After receiving assistance, a lien is placed on the home which is forgiven after 3 years. Eligible homeowners must have experienced a hardship related to the coronavirus COVID-19 pandemic.
Mortgage Default and Foreclosure Prevention services are provided free-of-charge to homeowners at risk of foreclosure. Housing counselors provide a review of the homeowner’s situation to reveal the available options. Some available options may include refinance, forbearance, repayment plans, modification, or emergency mortgage assistance.
Financial Management and Credit Counseling is incorporated into our homebuyer education workshops and our pre-purchase one-on-one counseling sessions. We describe the mortgage process, the importance of budgeting and good credit management, and the need to plan for the maintenance and repairs that are a part of homeownership. NPI also provides financial literacy workshop covering such topics as using credit, managing your money, and understanding your credit history, identity theft, and advanced banking services.
