Click here to register for our Mortgage Assistance Program

The Urban League is a HUD-approved housing counseling agency and works with both borrowers and lenders in an attempt to resolve your current financial challenges.  An appointment with one of our counselors can help you:

• Review your financial situation, determine what options are available to you, and negotiate with your lender.
• Learn which of the various workout arrangements the lender believes makes the most sense for you and your family, based on your circumstances.
• Contact the lender to discuss a workout plan.
• Avoid future credit problems before you get too far behind on mortgage payments.
• Find information on services and programs in your area that provide financial, legal, medical or other assistance.

Our counselors will help you create a monthly budget plan to ensure you meet all your monthly expenses, including your mortgage payment. Your personal financial plan will help you and your lender determine whether a reduced or delayed payment schedule could help you.

Click here to register for our Mortgage Assistance Program

Other items of interest…

Lenders want to help borrowers keep their homes because:

• Foreclosure is expensive for lenders, mortgage insurers and investors.
• HUD and private mortgage insurance companies, plus investors like Freddie Mac and Fannie Mae, require lenders to work aggressively to help borrowers facing money problems.

Lenders have workout options (choices) to help you and:

• These options work best when your loan is only one or two payments behind.
• The farther behind you are on your payments, the fewer your options. 

Don't assume that your problems will quickly correct themselves:

• Don't lose valuable time being overly optimistic.
• Contact your mortgage lender to discuss your circumstances as soon as you realize that you're unable to make your payments.
• Expect your lender to explore many possible solutions for you, without guaranteeing any one particular solution.

Click here to register for our Mortgage Assistance Program

For further details please contact our Foreclosure Representative

Ken Hawley at 860.527.0147 or e-mail foreclosureprevention@ulgh.org