Help for Homeowners: Free July 12 Foreclosure Event Can Help You Keep Your Home

help4homeowners

The Kane County Foreclosure Taskforce has scheduled an invaluable Mortgage Relief Project event in Kane County from 9 a.m. to 1 p.m. July 12 at Aurora’s Prisco Community Center.

Homeowners who attend will receive helpful advice about mortgage refinancing, foreclosure prevention, legal rights, credit counseling and avoiding scams. Additionally, HUD-certified counselors will be on hand to provide private, one-on-one counseling.

The Mortgage Relief Project is a statewide program co-sponsored by the Illinois Department of Financial and Professional Regulation, the Illinois Housing Development Authority and the Illinois Department of Employment Security. It is designed to offer a one-stop shop where homeowners can access the resources of state agencies and nonprofit organizations that help Illinois residents stay in their homes.

Illinois’ Homeowner Protection Act requires all lenders and loan servicers to notify homeowners who are at least 30 days late on their mortgage payments that they have 30 days to seek housing counseling to get their loans back on track. If a homeowner enters housing counseling, they get an additional 30-day grace period on foreclosure in order to work out a payment plan or refinance option.

For more information or to receive immediate assistance in advance of the event, please call IDFPR’s toll-free consumer hotline (800) 532-8785 during regular business hours or visit www.idfpr.com or www.ihda.org.

 

SOURCE: Kane County Foreclosures Taskforce

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s