Help with mortgages and foreclosures in Ohio.

Find help with paying your mortgage and foreclosure assistance in all cities in Ohio, including Cleveland, Cincinnati and Columbus. Also, locate additional assistance programs offered by the state of Ohio that can help you with paying other types of bills. More.

The Ohio Housing Finance Agency (OHFA) Opportunity Loan Refinance Program assists homeowners that have a mortgage that no longer meets their financial needs. This assistance program offers an affordable 30-year, fixed-rate mortgage that Ohio residents can refinance into at a competitive rate. This will help prevent and reduce foreclosures in Ohio.

Who may this program help? If you have an adjustable rate mortgage (ARM) that is getting close to resetting, if you financed your home with a high rate mortgage or an interest-only loan, you should be able to get help. It can also help those who experienced an unplanned event like a divorce, medical emergency, or a change in employment. The Opportunity Loan Refinance Program may be able to help you obtain a new mortgage loan that will better meet your needs. Dial (614) 466-7970 to learn more.

There are some additional criteria, and they include :

Qualifying Income
You must be able to, or very close to be able to, afford the payment of the Opportunity Loan. You must pay interest, principle, taxes, and insurance.
Residence Criteria
You must currently live in the home being refinanced. Eligible properties that can be refinanced include single-family detached housing, townhouses, condominiums, modular, and planned unit developments. Two to four-unit mobile or manufactured homes are not currently permitted.
Borrower Education
Opportunity Loans require that borrowers receive a minimum of four hours of HUD-approved counseling. Typically, the mortgage counseling provided includes two hours during an initial meeting and an additional two hours of one-on-one counseling. Counselors will educate you and help ensure bills are paid on time. All counseling must be fully completed before the loan can be closed. The OHFA assistance program will also require counseling if a mortgage payment under the newly refinanced loan is more than 30 days late.

 

 

 

Countrywide Offers Mortgage Modification Help, and a Cash Payment, to over 12,000 Ohio Residents

A mortgage-modification assistance program that could help 8,000 Ohioans stay in their homes, and an additional 4,000 who have previously lost their homes due to foreclosure could receive up to a $1,500 cash grant as part of a foreclosure relief payment program. More Countrywide mortgage relief.

Ohio free foreclosure services

A non-profit agency that has been in existence for almost 45 years provides borrowers with a host of free foreclosure advice, counseling, and prevention services. Click here to read more on this option.

Courts in Ohio allow mediation

Each county in Ohio offers mediation as one way to resolve a foreclosure filing. As part of the mediation process, the homeowner and lender will be put into position to negotiate more efficiently to come up with a solution to the foreclosure filing. Click here to learn more on the mediation program.

 

 

Federal government funds for Ohio Hardest Hit Fund

Thousands of homeowners across the state may be able to receive mortgage assistance from the Ohio hardest hit fund. The federal government is funding this option for borrowers.

Free pro bono foreclosure legal aid

Qualified low income homeowners may be able to receive free advice from attorneys to help them deal with a foreclosure. The Ohio Legal Assistance Foundation is coordinating the programs. Read more.

Franklin County and Columbus

Get a comprehensive listing of agencies and programs in the Columbus Ohio area that can help families and individuals avoid a foreclosure. Counselors, non-profits, and other organizations are all committed to helping people keep their homes, and get back on track with paying their mortgage. Click here for Columbus foreclosure prevention.

Foreclosure assistance in Cuyahoga County Ohio

Several non-profits in the county run a mortgage assistance and foreclosure prevention program known as Don’t Borrow Trouble. Counselors will work with the family or individual to direct them to a wide variety of solutions and mortgage delinquency counseling services, including modifications and government assistance. Read more foreclosure prevention in Cuyahoga County.

Foreclosure resources in Cincinnati Ohio

Local government agencies and offices work closely with various non-profits and other groups to offer a multitude of assistance and services for homeowners in the area. Access loans, financial assistance, or just free counseling. More Cincinnati foreclosure prevention programs.

Chase JP Morgan Mortgage Center

National lender JP Morgan Chase has opened a center in Cleveland Ohio to help people who are behind on their mortgages, or who may be facing a foreclosure. The center is free for qualified homeowners to use, and they expect to be able to help thousands of homeowners in the area. Read more on the Cleveland Ohio JP Morgan Chase help center.

Additional centers are also open in Columbus and Cleveland Ohio. Learn how these centers can help homeowners with Chase, WaMu, or EMC mortgages.

 

 

HUD agencies in Ohio

Homeowners across the state can contact a government approved agency to learn about a host of mortgage and foreclosure assistance programs. Offices are located in most Ohio cities and counties, and numerous resources are being made available. Find a listing of Ohio HUD approved counseling agencies.

Ohio Proposes a Six Month Moratorium on Foreclosures

A new proposed law should help reduce foreclosures in Ohio. Continue.