Finding
help before it is too late matters.
Montgomery County is second in the state and Ohio leads the nation
in home foreclosures. The number of home foreclosure cases comprised
approximately 45% of all cases filed by the Montgomery County Clerk
of Courts in 2005. Many of these cases could have been prevented
if homeowners had worked with their lender and local nonprofit organizations
as soon as they were unable to make their monthly payments.
A collaboration of nonprofit organizations, government and financial
institutions are working to reduce our community’s high foreclosure
rate by helping families at risk before it is too late. Participating
agencies include:
- United Way’s HelpLink 2-1-1
- Montgomery County Clerk of Courts
- Graceworks Lutheran Services/Consumer Credit Counseling
- Miami Valley Fair Housing
- Community Reinvestment Institute Alumni Association
If
you are having trouble paying your mortgage, help is available!
Dial 2-1-1 or 225-3000 and get help now before it is too late!
Tell
us what you need...we are listening
United
Way’s HelpLink 2-1-1: Skilled, trained staff
are available 24 hours a day to handle calls received on the foreclosure
hotline. Staff will assess each call and make referrals to the appropriate
agencies.
Graceworks Lutheran Services/Consumer
Credit Counseling Service:
Mortgage assistance and
debt management counseling.
Miami Valley Fair Housing:
Assistance in reviewing mortgage loans for foreclosure defenses.
Community Reinvestment Institute Alumni
Association: Assistance for victims of predatory
lending practices
and training to help buyers identify a predatory loan before they
become a victim of a deceptive lender.
A recent survey by Freddie
Mac and Roper Public Affairs and Media found that 75% of delinquent
borrowers were contacted by their lender, but never responded.
- 28% thought there was no reason to talk to the lender
or didn’t think the lender could help them.
- 17% tried to take care of their payment problems without any
help.
- 7% didn’t have enough money to make the full payment.
- 6% were embarrassed.
- 5% were afraid.
- 5% didn’t know who to call.
If
you are behind on your payments or think you might become behind,
don’t wait!
Dial 2-1-1 for help and contact your lender.
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