United Community Action Partnership
Foreclosure Prevention Assistance Program
Redwood Falls Office
164 E 2nd St, Redwood Falls, MN, 56283
The Foreclosure Prevention Assistance Program provides:
* Referral to an advisor and online tools
* Access to financial assistance
* Debt management and repayment programs
* Financial counseling
* Information about the foreclosure process
* Working with the mortgage company
* If applicable, one-time mortgage, contract for deed, or other financial assistance
All recipients are required to enter into an agreement to repay the financial assistance. The agreement will be either a secured lien against the property or a repayment plan with a schedule beginning 3-6 months after closing.
Area Served by County
- Cottonwood County
- Redwood County
- Community Action Partnership
- People with low income
Households who are facing foreclosure due to a temporary financial crisis caused by circumstances beyond their control. Emphasis for financial assistance is placed on households with incomes at or below 60% of area median income limits adjusted for family size.
Serves residents of Cottonwood, Jackson, Lincoln, Lyon, Redwood, Kandiyohi, Renville, Meeker, and McLeod Counties.
Other Services or resources
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
BH-3800.5000Mortgage Payment Assistance Definition
Programs that make mortgage payments for people who are at risk of losing their homes without assistance. Mortgage payment assistance programs may have age, income, disability, need or other eligibility requirements. Some of these programs may also provide assistance for people who have a mobile home sales contract or land contract and need help making a payment that is due. Land contracts are written legal agreements that are used to purchase real estate (e.g., vacant land), a house, an apartment building, a commercial building or other real property but are negotiated with the property owner rather than borrowing money from a bank or other lender.
DM-1800.5000Mortgage Delinquency and Default Counseling Definition
Programs that provide assistance for people who are unable to make their mortgage payments and at risk of losing their homes through foreclosure or who are already in the foreclosure process. Services may include information about the foreclosure process, legal timelines and how to contact and negotiate with a lender; assessment of the homeowner's financial situation and development of a plan to address homeownership and financial issues; in-depth financial counseling regarding foreclosure avoidance options and/or options that involve leaving the home; advocacy with lenders, when necessary; and referrals to foreclosure prevention resources. Also included are programs that provide mediation services to negotiate a compromise between the individual and the financial institution that holds their mortgage in order to avoid foreclosure.
YV-0400At Risk for Homelessness Definition
Individuals or families who are at risk for becoming homeless because they are unable to make their rent or mortgage payment and face eviction or foreclosure or who have already lost their permanent residence and are "doubled up", i.e., are staying temporarily with friends or relatives.