National Foreclosure Mitigation Counseling
The National Foreclosure Mitigation Counseling (NFMC) Program was Congress approved in December 2007. Under this legislation $180 million was approved for the National Foreclosure Mitigation (NFMC) Program. Congress selected Neighbor Works America to administer the National Foreclosure Mitigation Counseling (NFMC) Program and to direct the funds to be used in “areas of greatest need”. The grants from the program is provided to HUD approved and state housing finance agencies. The NFMC program is designed to support a rapid expansion of foreclosure intervention counseling in response to the nationwide foreclosure crisis. The grant is designed that no money will be paid to the homeowner nor the servicer (your mortgage company), but to provide counseling to you with no charge to you.
If you are a homeowner of a single family property. If you are already behind or getting behind on your mortgage the NFMC program may can help you.
THERE IS COUNSELING
Here are a few questions for you to think about when deciding on contacting our agency.
- Are you living in the home ?
- Do you want to keep the home ?
- Is your name on the mortgage ?
- Do you have more than one loan on your home?
- Are you willing to be counseled on your mortgage situation?
ONCE YOU HAVE THOUGHT ABOUT THE ANSWERS TO THESE QUESTIONS AND YOUR HOME IS YOUR FIRST PRIORITY; PLEASE CONTACT OUR AGENCY. UPON CONTACTING US PLEASE KEEP IN MIND THAT WE ARE WILLING TO LOOK AT ALL POSSIBILITIES THAT’S BEST FOR YOU.
Once you contact our agency, one of our counselors will set up a time to complete an intake or interview session about your situation and determine what assistance might be available to you. They will work with you and the lender to achieve the best possible solution for you. Franklin-Vance-Warren Opp. Inc. has trained and certified counselors that will keep your personal information and situation “CONFIDENTIAL”. We are here to serve you not the mortgage company. Your home is yours and we will work to find the best solution for you and/or your family. This is a joint effort between the homeowner and the counseling.