Mortgages

Federal Reserve

Important information about mortgages from the Federal Reserve. Available in Spanish.

website: www.federalreserve.gov

 

Foreclosure Counseling

This web site offers free resources aimed at foreclosure prevention.

website: www.foreclosurehelpandhope.org
phone: 1-800-995-HOPE

 

MakingHomeAffordable.gov

Federal web site for the President's mortgage modification program. This site provides information and lets users determine whether or not they are eligible for current programs.

website: www.makinghomeaffordable.gov/

 

National Low Income Housing Coalition

A wonderful source for the latest legislative news and both federal and local housing programs.

website: www.nlihc.org

 

National Shared Housing Organization

A clearinghouse of information for people looking to find a shared housing organization in their community or to help get a program started. Shared housing programs include: Match-up programs, to help home providers find a compatible home seeker to pay rent or possibly provide services in exchange for a reduction in rent. Also shared living residences, which involve a number of people living cooperatively as an unrelated family in a large dwelling.

website: www.nationalsharedhousing.org

 

NeighborWorks America

NeighborWorks America is a non-profit organization created by Congress to support local organizations in revitalizing communities. This web site offers the public links to other sources of information as well as a way to look up a member organization in your area. Select the "site map" or "NeighborWorks Lookup" from the red menu items on the left.

website: www.nw.org

 

Reverse Mortgages (for Age 62+)

Reverse mortgages allow older homeowners to stay in their homes and receive additional income from their home's value. Reverse mortgages can be a good solution but they can also have high costs and other burdens. This site provides consumer information on reverse mortgages from the National Center for Home Equity Conversion, the only independent, non-profit organization specializing only in reverse mortgage education and analysis.

website: www.reverse.org

 

U.S. Department of Housing and Urban Development

The Federal Government's site for all issues related to home ownership including “Nine Steps to home ownership” with a calculator to show you how to know what you can afford, tips on avoiding foreclosure, etc. Available in Spanish.

website: www.hud.gov