If you are late in paying your mortgage or worried that you will be in the future, New York Mortgage Coalition’s housing counseling agencies can help. NYMC’s agencies are HUD-approved housing counseling agencies that provide foreclosure prevention counseling to distressed borrowers.
NYMC’s housing counseling agencies and counselors provide assistance year-round in all five boroughs, Suffolk County, Nassau County, Westchester County, Orange County, Putnam county, Rockland County and Dutchess County. NYMC assistance is free.
What are the benefits?
Working with a foreclosure prevention counselor will provide you with an advocate and an expert who can educate you and support you in your efforts to deal with your hardship. Counselors can help you communicate and negotiate with your lender, apply for assistance through government programs and understand all of the options that are available to you.
What is the process?
If you are having difficulty paying your mortgage, you should contact a NYMC housing counseling agency as soon as possible. The agency you choose may schedule you for an orientation session or send you an intake packet. They will take the time to discuss the information that they need from you.
Part of the process will include an evaluation of your current mortgage and an in-depth look at your income and expenses. You will need to provide your counselor with proof of income, bank statements, income tax returns and more. Your housing counselor will maintain your privacy and will help you understand your options after looking at your financial situation.
Your housing counselor can help you determine if there is a solution to help you keep your home or if you may need to consider options that will allow you to exit your home gracefully.
Did you know?
Besides English, our agencies offer counseling in Spanish, Cantonese, Korean, Mandarin, Bangla and Urdu.
Each NYMC housing group customizes its services to meet the needs of its local community based on language, culture, income levels, and housing inventory.
Foreclosure prevention counseling by NYMC housing counseling agencies is provided at no cost to our clients. Beware of organizations that require outrageous upfront fees. Help is available at no cost.
There are government programs available to assist homeowners in distress. Your housing counselor can help you determine whether or not you are eligible for any of these programs.
Contact Us
If you are interested in learning more about our Homeownership Program, please contact us or one of our Housing Counseling Agencies.