Minneapolis mortgage and foreclosure assistance programs.

There are several primary agencies in the Minneapolis area to turn to for foreclosure help. Most of them are non-profits and/or HUD certified housing counseling agencies, and services are provided for free to homeowners. These organizations serve any Minneapolis homeowner at risk of foreclosure.

PRG Foreclosure Prevention - If you are one payment behind or many, or even expect a future hardship, PRG may be able to help. The sooner you ask for help the better. All services offered are free and open to all homeowners of all income levels, and counselors return all phone calls within one day to all applicants.

The details of the program offered include receive help in understanding the terms of your mortgage, discuss options for preventing foreclosure, the housing counselor can provide information about workout and modifications options, get help when you negotiate with your lender, bank or servicer, and also communicate about what to expect in all stages of the foreclosure process.

The PRG foreclosure prevention group can be called at (612) 804-7025 or (612) 805-7756.

If you are faced with a crisis, call Neighborhood Development Alliance Foreclosure Prevention at 651-292-0131. A crisis can include if you have temporarily lost your job, a family illness or an unexpected event has put your mortgage payments in jeopardy, or a reduction in income. In these situations there are ways to keep you in your home, and NeDA's Home Ownership Counseling services is the primary program.

The primary goal of the HUD certified foreclosure counseling agency al is to help Minneapolis families with realistic options to prevent foreclosure whenever possible. Counselors from the agency may be able to serve as your advocate by contacting your lender or the mortgage company and finding out what options are available to you. Counselors will clearly explain to you the steps involved in foreclosure, and they will provide you with realistic financial counseling, budgeting advice and/or credit counseling. In addition they will assist you with limited amounts of financial aid if resources are available.

NeDA's Home Ownership Counseling staff is certified and highly trained through the Minnesota Foreclosure Prevention Program to provide free foreclosure counseling to homeowners who are delinquent with their mortgage payments.

Another Mortgage Foreclosure Prevention Program (MFPP) is also offered by the Twin Cities Habitat for Humanity Foreclosure Prevention. Like moat of the other assistance programs, MFPP can provide housing counseling, referrals free of charge to families who have fallen behind in their mortgage payments, and advocacy is also offered.

The MFPP serves all neighborhoods in Minneapolis Minnesota and homeowners of all income levels can request help. Historically almost 60 percent of the families it serves are saved from foreclosure.

The program serves any homeowner in the Twin Cities area who is at risk of or in the mortgage foreclosure process, including those homeowners who are delinquent on property taxes or who may even be in a tax forfeiture. In addition, MFPP also services individuals and families who are delinquent on their homeowner association dues or facing association foreclosures, so the program is quite extensive.

Call the agency at the number below, and MFPP specialists will meet with you to analyze each homeowner's financial situation and develop a realistic assessment and plan of attack that will be of the homeowner’s ability to afford the home for the long term. In addition, MFPP also works with lenders and mortgage servicers to determine what options may be explored to retain a family in their home. For more information be sure to contact Twin Cities Habitat for Humanity, or call 612-331-4090.

Minneapolis HUD certified housing agencies

Several other agencies operate in Minneapolis. They are all non-profit HUD certified, and can provide free foreclosure assistance and counseling to qualified applicants. The places to call include African Development Center of Minnesota (612-333-4772-106), Consumer Credit Counseling (713-923-9400), LAO assistance center of Minnesota (612-374-4967), Lutheran Social Services (dial 800-777-7419), Minneapolis Urban League (612-302-3164), Neighborhood Housing Services of Minneapolis (612-521-3581) and also the Twin Cities Habitat for Humanity (612-331-4090). Find other Minnesota housing counseling agencies.

These Housing and Urban Development (HUD) agencies can offer financial management and/or budget counseling, mortgage delinquency, free debt reduction advice, foreclosure advice, and home loan default resolution counseling. They can even help people buy a home from pre-purchase consultations.

By Jon McNamara

Additional Local Programs


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