Avoid Foreclosure

IN NEBRASKA

Dial 2-1-1 is an information and referral service which can refer homeowners in some state of delinquency or foreclosure to a housing counseling service for free assistance. Callers in 38 Nebraska counties have 2-1-1 access. The list of counties with 2-1-1 access can be found at www.ne211.org. Callers outside of the 2-1-1 service area can reach the call center by dialing (402) 444-6666.

Housing counselors often serve as facilitators between borrowers and mortgage lenders. If you feel you may be in danger of facing foreclosure, Dial 2-1-1 to speak to a referral specialist who can locate a housing counseling service near you. Dial 2-1-1 is hosted by United Way of the Midlands.

Free nonprofit counseling services in Nebraska:

• NeighborWorks of Lincoln
• Family Housing Advisory Services of Omaha (3 locations)
• High Plains Community Development Corp.(Chadron)
• Consumer Credit Counseling of Nebraska (offices across Nebraska)
• Credit Advisors Foundation (Omaha)

ADDITIONAL RESOURCES

Affordable Housing Government Initiative

The Treasury Department and the Department of Housing and Urban Development (HUD) have launched a Website that provides basic information for troubled homeowners about the Obama administration's "Making Home Affordable" program.

The new initiative is a two-pronged approach. The first prong is the refinancing approach, designed to help homeowners who are paying their mortgages on time, but are not able to refinance at the current low mortgage rates because of a decrease in the value of their homes. The second prong is aimed at homeowners who are struggling to make their monthly mortgage payments because their interest rates have increased or their incomes have been reduced.

Depending on which program fits your needs, you can take a quick, four-or five question test to see if you qualify for help.

• Making Home Affordable.Gov

Hope Now

HOPE NOW is an alliance between HUD approved counseling agents, servicers, investors and other mortgage market participants that provides free foreclosure prevention assistance.

• HOPE NOW

NeighborWorks America Organizations

• NeighborWorks Center For Foreclosure Solutions

Consumer Credit Counseling Services

• Consumer Credit Counseling Online Foreclosure Counseling

Federal Reserve

• A Consumers' Guide to Mortgage Refinancing

• HUD: How to Avoid Foreclosure (PDF)
• Keep Your Home
• Understand Your Options (PDF)

• Beware of Foreclosure Rescue Scams: If it's Too Good to be True, It Probably is
• Tips for Avoiding Mortgage Foreclosure Rescue Scams
• How to Recognize a Rescue Scam

Avoiding Foreclosure is a consumer education DVD that introduces homeowners to four clients who found themselves in mortgage trouble and sought assistance from a certified housing counselor with the National Foundation for Credit Counseling (NFCC). The DVD introduces consumers to some of the terms and scenarios they are likely to encounter as they work to save their own home.

The DVD is free of charge and a public service offered by the NFCC.
Click here to order your free copy.