Mortgage and foreclosure help from the New Jersey Hope Alliance
The housing crisis has hit New Jersey hard. The New Jersey Homeownership Preservation Effort (HOPE) alliance was created to help homeowners throughout the state. The organization is a collaborative effort that was formed to help families and individuals keep their homes, avoid or stop a foreclosure, and to provide information and access to various mortgage assistance programs.
The New Jersey Homeownership Preservation Effort (NJ HOPE) is made up of both state and federal government agencies, not-for-profit organizations, charities, national and local banks, and other financial institutions that are working together to enhance home ownership preservation.
Services offered by the NJ HOPE program
A variety of assistance programs are resources are offered by the organization. Their primary goal is help increase consumer awareness of available mortgage programs and products, communicate funding that is available, providing homeowners with increased access to credit, debt and loan counseling for those who need it, and the organization can even direct New Jersey homeowners with temporary financial assistance to consumers and homeowners who are in immediate danger of losing their home to foreclosure. More details of the resources include the following: