Nevada mortgage help and foreclosure assistance programs.
Find help for paying your mortgage and also get free or low cost foreclosure assistance. Aid is available in all cities including Las Vegas and Reno Nevada.
The Nevada Governor’s Office, in cooperation with the Department of Business & Industry, is working overtime to meet the serious challenges presented by the current sub-prime mortgage lending situation. Nevada wants to do whatever is possible to assist residents in finding the help they need to prevent a foreclosure and to catch up on paying their bills and mortgage. The state wants to work with the homeowner and their lender in order to to help keep everyone in their home if at all feasible.
During the mortgage or foreclosure process, time is absolutely of the essence. Your best possibility of stopping the foreclosure process is to take action now. All of the most effective foreclosure prevention programs and options require time. It is extremely important critical that you do not wait. Act Now! Delaying will not help.
Nevada recommends that you contact your mortgage lender immediately. You need to be honest with them about your financial situation, and any outstanding bills or debts that you have. Nevada says another effective option is to contact a housing counselor to discuss all of your options. A third option that is recommended to residents is to contact one of the other non-profit or lender organizations that offer help, such as the banks (example being Bank of America/Countrywide), or government programs (such as Hope for Homeowners), that are offering assistance.
Nevada Foreclosure Mediation Program
The Supreme Court in Nevada established a new foreclosure assistance program that is targeted at slowing down or stopping the record tide of foreclosures in the state and Las Vegas. Participation in the program will help homeowners across the state keep their home. More on the Nevada foreclosure mediation program.
Legal aid in Las Vegas
Volunteer attorneys are offering free legal consultation and representation to help people deal with a foreclosure filing. Click here to learn more. The Legal Aid Center of Southern Nevada is administering the program. In addition to that, all of the foreclosure advice as well as counseling that a Las Vegas homeowner will receive is free. There are many places for free foreclosure counseling in Las Vegas.
JP Morgan Chase homeowner assistance center
Banking giant JP Morgan Chase has opened a homeowner center in Las Vegas. It allows homeowners the ability to meet one on one with a counselor to explore solutions to their mortgage troubles, including loan modifications, principal reductions, and more. Click here to learn more on JP Morgan mortgage centers in Nevada.
The center in Las Vegas will provide immediate help to borrowers who are struggling to make their mortgage payments, and ideally reduce the number of foreclosure in the Nevada area.
Bank of America mortgage centers in Nevada
Several outreach centers are being opened by Bank of America (BOA) across Nevada. The first centers will be open in Las Vegas and Henderson. The centers will allow homeowners to hold a face-to-face session with a mortgage counselor, and during these sessions the borrower and counselor can explore all programs at their disposal, including those offered by BOA, the state of Nevada, and the federal government. Learn more on the Bank of America mortgage centers.
Mortgage assistance from the Nevada hardest hit fund
Hundreds of millions of dollars in federal government funding is flowing to Nevada. The money will help thousands of homeowners across the state by offering them with mortgage and foreclosure help. A focus is on the unemployed and individuals who have had a reduction in income. Receive access to loan modifications, forbearance, forgiveness, and other programs. Click here to learn more about the state of Nevada program and how the hardest hit fund can provide you with options. More on homeowners assistance from Nevada hardest hit fund.
HUD counseling agencies
Find how to get free foreclosure prevention, counseling, and information on mortgage assistance programs in Las Vegas, Clark County, and the entire state of Nevada. Non-profit agencies support thousands of family’s per year. Learn more on free HUD foreclosure counseling in Nevada.
Informational workshop and foreclosure prevention clinics
No matter where you live in Nevada, clinics are constantly held for homeowners. The sessions allow participants the ability to access free advice and counseling services. Oftentimes banks and lenders, such as Chase and Bank of America, participate in the clinics and set up stations at the sites. No matter where the clinic is located, or who is hosting it, they always provide a great venue for Nevada families to get advice, learn about mortgage assistance programs, and receive face to face attention from lenders and mediators. More on Nevada foreclosure clinics.