Foreclosure Prevention Services & Information
How Our Services Can Help You
Fair Housing Advocates of Northern California’s foreclosure services are FREE to the homeowner.
Fair Housing Advocates’s HUD-approved housing counselor can assist you if:
Counselors will discuss the following steps for individual clients:
Mortgage Foreclosure Scams
Some of the fastest growing frauds sweeping the nation are foreclosure rescue scams. If you believe you have been a victim of a mortgage foreclosure scam, please contact us immediately for assistance.
Protect yourself by following these suggestions:
Alternatives to Foreclosure
Loan Modification: A written agreement that permanently changes one or more of the original terms of the loan (rate, payment amount, maturity date, or amount of the unpaid principal balance).
Repayment Plan: Borrower agrees to cure the delinquency by adding an additional amount to their monthly mortgage payment until the loan becomes current.
Forbearance Plan: An agreement to suspend or reduce normal monthly payments for a fixed period of time.
Short Sale: A sale of the property where the homeowner does not have enough equity to pay off all the liens on the property and the lender(s) has agreed to accept the net proceeds of the sale to satisfy the lien.
Deed in Lieu: The homeowner transfers the title of the home to the lender in lieu of a foreclosure sale. Typically requires the homeowner to attempt a sale of the property first.
Tips for Avoiding Foreclosure
Though your situation may seem hopeless, help is available. Take the first step today by contacting a HUD-approved housing counselor at Fair Housing Advocates. If you ignore the problem, you may lose your home to foreclosure.
What should you do?
Questions? Need help?