A non-profit agency, Washington Homeownership Resource Center, has advised and helped thousands of homeowners across the state in the foreclosure process. The programs they offer are available for low to moderate-income households in Washington. If someone does not qualify based on their income, then staff will offer referrals to other resources that can help with a mortgage delinquency. The primary mission of the not-for profit agency is to both increase and preserve homeownership for families and individuals across the state.
The counselors from the agency want to help people both avoid receiving a foreclosure notice, or stop one that may be in progress. They have been operating for over 15 years, and during this time they have provided information about foreclosure prevention and homeownership assistance programs, predatory lending, mortgage delinquency counseling, programs from banks and lenders, and work closely with real estate professionals in the state.
As part of this service, Mortgage Default Counselors will work one on one with low to moderate income homeowners to help them avoid foreclosure. If it turns out the home can’t be saved, then they will provide assistance during the process to help them find a new home to live in. Housing counselors can answer your questions and provide information on the foreclosure process and they will offer one-on-one assistance to identify resources, programs, provide debt reduction programs, or help them household develop a budget.
In addition, the mortgage counselor can negotiate directly with a lenders or servicers on the homeowners behalf for repayment strategies. You need to act quickly and early though to increase your chance for success. Contact the Washington Homeownership Resource Center for a referral to a local, non-profit mortgage default counselors. The center can be reached at (877) 894-4663.
There are numerous services and resources administered. The center connects residents across Washington state to authorized housing counseling agencies, most if not all of which are HUD certified. Housing counselors will then assist residents who are thinking of buying a home. However the primary service they offer today, during this weak economy, is that counselor will help current homeowners who are having trouble with paying their mortgage and could be facing foreclosure.
In addition, the specialists from the agency will collaborate and partner with the Home Foreclosure Legal Aid Project of the Washington State Bar Association. Eligible homeowners can be connected to the this legal project for legal screening, foreclosure advice, and possible representation with a volunteer attorney. More on the foreclosure legal aid project.
Notify your lender as soon as you know your payment will be late and present your circumstances with a plan of action to your lender. Your mortgage servicer may agree to give you some payment options in order to provide you with time to catch up. If you need assistance with this step, you can contact them toll free at (877) 894-4663.
While each homeowner will have a unique solution and financial situation, some of the solutions that can help someone prevent a foreclosure, and offer mortgage relief, include:
Dial (877) 894-4663 to speak to a housing counselor.
Some of the other HUD approved housing counselors they work with and can refer people to include the following. All of this agencies will normally provide advice to qualified borrowers at no cost to them.
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