Foreclosure Prevention Clinic

When:
November 9, 2017 @ 5:00 pm – 7:00 pm America/New York Timezone
2017-11-09T17:00:00-05:00
2017-11-09T19:00:00-05:00
Where:
Neighborhood Housing Services of Waterbury
161 N Main St
Waterbury, CT 06702
USA
Cost:
Free
Contact:
Bonnie Vople
203.753.1896 x10

How can we help? Here are some possibilities.

Modification: The bank may agree to change the terms of your loan by lowering your payments, changing the loan to a fixed rate, making the loan term longer, or adding the money you owe to your principal balance.

Partial Claim: For those with FHA-insured loans, HUD may agree to pay what you owe and put a lien (or legal claim) on your property. The lien is payable when the loan matures, when the property is re-financed, or when it’s sold.

Pre-foreclosure Sale: The bank may let your home be sold even if the selling price is less than the balance owed on the mortgage.