West Central Minnesota Communities Action, Inc.
Foreclosure Avoidance Counseling
West Central Minnesota Communities Action - Elbow Lake
411 Industrial Park Blvd, Elbow Lake, MN, 56531
Distance: 1444 Miles
Foreclosure avoidance counseling provides information and assistance to help you avoid foreclosing on your mortgage and losing your home. This non-profit agency has been approved by Housing and Urban Development (HUD) to offer the service. HUD foreclosure avoidance counseling is free-of-charge.
The counseling session(s) will help you determine if you are eligible for a loan adjustment, or if you can refinance your mortgage to reduce monthly payments. If you are eligible, the counselor will work with you to prepare an intake package (paperwork) for your mortgage servicer.
Program participants meet with a counselor and work out a budget determining whether or not they would be able to make the mortgage current. If it is determined they can, the loan is issued.
Licenses and Certifications
- Community Action Partnership
- People with low income
Primarily serves Clay, Douglas, Grant, Pope, Stevens, Traverse and Wilkin Counties
Contact the main office for application and program information.
Douglas, Grant, Pope, Stevens, and Traverse counties
|Toll Free||(800) 492-4805|
This provider does not offer this service at other locations.
Other Services or resources
- Affordable Housing Program
- Emergency Shelter
- Energy Assistance Program
- Family Assets for Independence in Minnesota (FAIM)
- Family Homeless Prevention and Assistance Program (FHPAP)
- Help Paying for Basic Needs
- Home Accessibility Modification
- Home Repair Financial Assistance
- House Cleaning
- HUD-Approved Housing Counseling
- Minnesota Urban and Rural Homesteading (MURL)
- Rehabilitation Loans - Small Cities Housing
- Snow Removal
- Weatherization Assistance Program
- Yard Work
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
BH-3700.3200HUD Approved Counseling Agencies Definition
Agencies funded by the federal Office of Housing and Urban Development to provide prepurchase and mortgage default counseling, home equity conversion (reverse mortgage) counseling and information about the HUD rent assistance program for current and prospective purchasers and tenants.
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.
YL-3300.4500Low Income Definition
Individuals or families whose annual income is between 150 and 200% of poverty level for their family size.
YL-3300.6500Poverty Level Definition
People whose annual income is within the federal poverty level guidelines which vary according to family size and are revised annually.
YM-6200People At Risk of Foreclosure Definition
Individuals and families 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. Also included are people who are unable to make their property tax payments and at risk of losing their homes through tax foreclosure.
YZ-6600Poverty Issues Definition
Programs that provide information and/or services that deal with the topic of poverty.