The goal of foreclosure prevention and mortgage default counseling is to review your current situation and get you current on your mortgage and if not, provide the best possible options.
Housing Counseling
For more information about New Jersey's HomeKeeper program, click the image below:
In a foreclosure prevention and mortgage default counseling session, you and your counselor will:
- Obtain a clear understanding of your objectives
- Determine the time frame available to accomplish your objectives
- Complete a current budget analysis and work with you to establish a realistic budget
- Help bring your mortgage current if only budget concessions are necessary
- Determine the reason for default
- Work on a hardship letter (when applicable)
- Work with mortgage servicer to help you obtain a loan modification, repayment plan, forebearance or other workout solution
- Develop workout proposals to prevent foreclosure under The Philadelphia Diversion Program, The New Jersey Foreclosure Mediation Program, and various county foreclosure prevention programs as appropraite
- Determine if your financial situation may change in the near futurepayment
- Determine ability and willingness to liquidate assets if available to help cure your mortgage default
- Discuss options and what is best for you
- Create a detailed case action plan
Counseling Information:
- In Person Sessions Only
- 2 hour Session
- Languages Available: English, Spanish, Cantonese and Mandarin
- Arrangements can be made to accommodate our Hearing Impaired Clients