Foreclosure Prevention Counseling
Are you facing the possibility of foreclosure on your home?
The Louisville Urban League’s Foreclosure Prevention Counseling services offer hope and guidance to homeowners who are delinquent on their mortgage obligations. Certified counselors assist clients in working out repayment plans with the servicer of your mortgage loan that may prevent foreclosure or perhaps discuss alternative solutions. Your one-on-one counseling appointment will consist of the following:
- Assess the client’s financial to understand the client’s ability to maintain the mortgage or perhaps alternative solutions.
- Gather necessary documents requested by the servicer of your mortgage loan
- Help in working with the lending institution to develop a mutually agreeable repayment structure to prevent default and/or foreclosure.
- Budget counseling to reduce the risk of future mortgage payment problems.
To schedule a Foreclosure Prevention phone consultation, call (502) 566-3362 or toll-free at (877) 231-4662 ext. 122. Upon completion of the phone appointment, you may be asked to come in for an in-person appointment to complete a servicer loan application and collect documents. These services are free and do not require you to attend FIT class/ orientation.