Yes. However, it is not beneficial to have more than one third-party (e.g. attorney, non-profit agency, loan modification company, etc) representing you because this will confuse the loan servicer and delay the process of getting assistance. Therefore, at the same time that you apply to NHSSF, you should end your relationships with the other third-parties.
Yes. When Hardest Hit funds become available (which pay past due as well as future mortgage payments), they will be dispersed on a first-come first-serve basis to those who qualify. So, the sooner you complete your application with NHSSF, the better your chances are of receiving help under the Hardest Hit Program.
Yes. As long as your home has not been sold in a foreclosure auction, it is possible to work with your mortgage servicer to save it. But time is of the essence. Generally, the sooner you start the process with your servicer, the greater your chances are of saving your home.
Yes. However, we cannot guarantee that your payment will be lowered because that depends on a variety of factors, some of which are out of your and NHSSF’s control. However, we will work with you and your mortgage servicer to do all we can to make your monthly mortgage payment affordable. Also, please note that you should be cautious of anyone who guarantees that they can lower your monthly payment
Yes, if your mortgage loan is not included in the bankruptcy. Also, it may be required that your bankruptcy attorney provide a consent letter to your mortgage servicer to allow the loan to be reviewed for assistance. This will open the door for NHSSF to help you.
Yes. NHSSF, as part of the individual FREE counseling session, can help design a budget that will help you save for your down payment. NHSSF also offers financial fitness courses, that cover money management as well as addressing credit issues strategies.
Yes. There are lending programs that allow foreclosures. All lenders have different time allowances. Attend an individual FREE counseling session with one of NHSSF’s Homeownership Counselors for specific guidelines.
Credit scores help determine your credit worthiness at a specific time. Presently lenders are asking for a middle score of 620, and at your individual counseling session you will be discussing your credit report and credit scores.
NHSSF offers one class a month in both English and Spanish on Saturdays from 8: 30 am thru 5:00 pm You need to call and register in advance, since seating is limited. Click the Education Schedule link to select language, and a convenient date.
In Miami Dade County, NHSSF offers the workshops at either of our facilities; at 300 NW 12 Avenue, Miami 33128 and at United Way Church at 11500 NW 12 Avenue North Miami, 33168. In Broward County the workshops are offered at the NHSSF facilities at 2800 West Oakland Park Blvd. Ste 301 Ft Lauderdale , 33311.Workshops are offered in both Spanish and English.
No, all incomes levels can benefit from NHSSF’s free services. At your individual counseling session our Homeownership Counselors will evalutate your present monthly income and will recommend a strategy to follow.
No. Everyone can benefit from the 8-hour workshop. However, all first-time homebuyer programs require a workshop completion certificate there a different programs will require that you take the 8 Hours Class.
It depends on the type of bankruptcy. Chapter 7 bankruptcies need to wait a period of 2 Years from the discharge date. Chapter 13 bankruptcies could qualify depending on specific lender guidelines. You will discuss your alternatives at the individual FREE counseling session with an NHSSF Homeownership Counselor.
Established in 1978, NHSSF is a private 501 non-profit neighborhood revitalization organization committed to helping homeowners and strengthening neighborhoods. We build empowered communities, revitalize neighborhoods and create affordable housing opportunities through our home buyer education, foreclosure prevention, housing development and lending services in South Florida.
NHSSF receives support through contributions from individual and corporate donors, NeighborWorks® America partner and from our various lines of business such as Homeownership Realty, Housing Development and Lending. We are most grateful for the generous contributions of our partners.
There are many ways to help. NHSSF has volunteer events throughout the year and welcomes organizations, schools and churches to get involved. You also may make a tax-deductible contribution on-line. At NHSSF at least 75 cents of every dollar contributed goes directly to NHSSF’s programs.