Foreclosure Housing Counseling:
We help homeowners in foreclosure or mortgage delinquency understand their options and give solutions to help them keep their homes.
Pre-qualification:
Our Service Coordinators will help qualify clients for loss mitigation to give them the best opportunity to keep their home.
Loss Mitigation:
Our Service Coordinators and Account Managers prepare a mediation or hardship package for our clients. The information is then used by our professional loss mitigation team for resolution.
Grants:
Our Service Coordinators will assist the client in determining if they qualify for a grant to assist them with their foreclosure.
Foreclosure Prevention Services:
Hope for Families partners provide additional services to help prevent foreclosure in the future.
Mortgage Services:
There are situations in which a homeowner in mortgage delinquency can qualify for refinancing. However, in most situations the cost of refinancing and interest rates does not lead to a beneficial solution. Hope for Families needs partners that can offer less traditional financing without high costs and interest. We do not want to put the client back into a foreclosure situation. A refinancing would give Hope for Families the time to take the client through financial education and credit repair to resolve the financial crises.
Pre-foreclosure Sale:
Hope for Families will put our clients in contact with partners who will assist with a pre-foreclosure sale avoiding the severe consequence of foreclosure. In most cases the homeowner can stay in their home at substantial rent discounts and this will help put them in a position to purchase their home back with an equity position.
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