If you have ever been a homeowner then you will understand when I say that buying your own home is one of the most gratifying feelings in the world. Not simply because you know that you are financially stable enough as an adult to purchase a house, a place with four walls and a roof; but because you know and understand that you are about to create a generation full of memories with your family. It is also a realization of a lifelong dream for most people. What others may have overlooked, you saw as a chance to transform those walls into a place that is only yours.
Unfortunately, sometimes bad things happen – and you are left wondering how you are going to pay your mortgage. If this has happened to you – you are not alone! June is National Home Ownership Month, but many Americans are still struggling to make their mortgage payments. About 1 in 17 homeowners nationwide have fallen behind on their mortgage payments, putting them at a higher risk of foreclosure.
Homeowners who are struggling to make mortgage payments can call 888-995-HOPE™ (4673) or visit MakingHomeAffordable.gov for free resources and information to help them deal with their mortgage problems and avoid foreclosure.
Making Home Affordable is a free government resource that can help make paying that mortgage easier. Help from MHA provides incentives and flexibility that you might not have otherwise.
The program can help you identify your situation, explore program options, prepare what you will need to move forward and apply for the right solution based on your individual circumstance. Help from MHA provides incentives and flexibility that you might not have otherwise.