Government Loan Modification Resources |
Posted at The Loan Modification Expert by Peter Collins
May. 10, 2009
Categorized in: Foreclosure Assistance
Tagged with: foreclosure, loan modifcation resources
Government Loan Modification Resources
U.S. Department of Housing and Urban Development (HUD)
HOPE NOW
HOPE NOW is an alliance between HUD approved counseling agents, servicers, investors, and other mortgage market participants. Their charter is to provide free foreclosure prevention assistance. The HOPE hotline (888.995.4673) is staffed by HUD-approved credit counselors who can help you sort out your financial situation and explore your options.
Don’t Borrow Trouble
Don’t Borrow Trouble is Freddie Mac’s anti-predatory lending initiative dedicated to helping consumers identify the common signs of predatory lending and avoid taking out loans designed to fleece consumers. Before you take out a loan to finance your way out of your current situation, visit DontBorrowTrouble.com to learn more about how to protect yourself.
FHA (Federal Housing Administration)
The Federal Housing Administration (part of HUD) is the largest government insurer of mortgages in the world, insuring over 35 million properties since its inception in 1934. Like HUD, FHA is a great place to go to find out about the latest programs available to help homeowners. The FHA website also provides a Lender Locator and mortgage calculators.
VA (Veteran Affairs)
The U.S. Department of Veteran Affairs is dedicated to providing excellence in patient care, benefits, and customer satisfaction to veterans of the armed forces. If you’re a veteran, you may have even more resources for saving your home from foreclosure, so contact the VA to find out what’s available.
Books
- Foreclosure Self-Defense For Dummies
- Protect Yourself From Real Estate and Mortgage Fraud: Preserving the American Dream of Homeownership
Loan Calculators
