We have compiled a collection of links and information to assist you with your foreclosure prevention needs. We hope you find this information useful.
Forms - Here are the forms that are typically required during Foreclosure Prevention Counseling.
U.S. Department of Housing and Urban Development (HUD) avoiding foreclosure.
North Carolina Foreclosure Prevention Fund
The N.C. Foreclosure Prevention Fund™ helps North Carolina homeowners who are struggling to make their mortgage payments due to job loss or temporary financial hardship. For qualified homeowners, the Fund can provide an interest-free loan of up to $36,000 to pay your mortgage and other related expenses for up to 36 months while you search or retrain for new employment. The loan can also be used to bring your mortgage current. If you are currently employed but have a second mortgage that is unaffordable because of a prior job loss or reduced income, the Fund offers an interest-free loan of up to $30,000 to pay off your second mortgage.
We offer the Fund in partnership with the N.C. Housing Finance Agency using funds from the U.S. Treasury. The Fund provides assistance at no cost to you. To learn more about the N.C. Foreclosure Prevention Fund™, go to www.ncforeclosureprevention.gov.
Making Home Affordable Modification Program (HAMP)
An official program of the Departments of the Treasury & Housing and Urban Development. The Making Home Affordable Program also includes the Home Affordable Refinance Program (HARP), the Unemployment Program (UP), the Second Lien Program (2MP), and the Home Affordable Foreclosure Alternatives Program (HAFA). This website offers useful tools such as the Payment Reduction Estimator and the Modification Evaluator. There is also a list of the servicers that are participating in HAMP. Click here for more information about this program.
NC Commission of Banks’ State Home Foreclosure Prevention Project
The State Home Foreclosure Prevention Project (SHFPP) was created by emergency legislation to provide free assistance to North Carolina borrowers. SHFPP is a partnership, led by the N.C. Office of the Commissioner of Banks, to reduce foreclosures in North Carolina. Western Piedmont Council of Governments is a partner. For more information on this program, please click here.
North Carolina Commissioner of Banks (NCCOB)
NCCOB is responsible for the chartering and regulation of North Carolina's state banks, trust companies, mortgage companies, as well as registration and licensing of various financial institutions operating in North Carolina. For more information about this program, please click here.
North Carolina Department of Justice
The website offers tips for avoiding foreclosure scams and fraud. Scams can be reported to the Attorney General online or by calling 1-877-5-NO-SCAM. For additional information, please click here.
WPCOG Foreclosure Prevention Couselors have compiled a collection of links to information you may find useful in your research efforts.
HFA Foreclosure Help - If you are facing foreclosure, be assured that you are not alone. North Carolina has several resources to help you obtain foreclosure prevention counseling, mortgage payment assistance, and protection from fraud. You don’t need to be behind on your mortgage payments to seek help. If you feel you are at risk, contact one of the state’s free resources right away. We are here to help.
Foreclosure Rescue Scams - The possibility of losing your home to foreclosure can be terrifying. The reality that scam artists are preying on the vulnerability of desperate homeowners is equally frightening. Many so-called foreclosure rescue companies or foreclosure assistance firms claim they can help you save your home.
Hud.Gov - Avoiding Foreclosure - The Obama Administration has implemented a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments.
NC Foreclosure Help - What Next? - Free foreclosure assistance is available through face-to-face or phone counseling sessions.
NC Foreclosure Help - Additional Resources - Additional Resources
NC Foreclosure Help - Tips - Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them?
How to Write a Hardship Letter for a Mortgage Modification - Follow this link for assistance in drafting your Hardship Letter.