More Alternatives to Foreclosure

More Alternatives to Foreclosure: Mortgage Industry

I am passionately searching for options for people that are in danger of losing their homes. I beleive it is important for Mortgage and Real Estate Professionals to reach out in any way we can to help these people. Here are a couple more programs that I found buried deep in on www.FHA.gov.

• Disaster area victims:
  If you live or work in an area declared a disaster by the President and the hurricane, tornado, flood, wildfire, or other natural or man-made event damaged your home or reduced your income, your lender will provide disaster relief, for 90 days on an FHA-insured loan. Go to the Disaster Help from the button on the left of this page. In most cases for other loans.
• Military personnel and spouses:
  If you or your spouse is on active military duty, you may qualify for a reduction in your interest rate resulting in lower payments. Read how the Servicemembers Civil Relief Act of 2003 (formerly the Soldiers' and Sailors' Civil Relief Act of 1940) affects military homeowners.
• People facing money problems:
  If you are facing unemployment or have money problems, you may be able to keep your home if you know the right steps to take. Read on for important information and links to local organizations that can help you get through difficult times without losing your home. Government organizations and the mortgage industry worked together to provide this information to help you keep your home. (More)

I have also written some previous post that may be of help:

HUD RELEASES TIPS FOR AVOIDING FORECLOSURE

Mortgage Industry: More Tips for Troubled Homeowners from The Better Business Bureau

More Help to Avoid Foreclosure: Mortgage Industry

Las Vegas, NV Mortgage Industry: FHA SECURE PROGRAM

Thanks for all of your help!

Your mortgage partner for life,