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Other Helpful Resources
Mortgage Payment Relief and Protection from Foreclosure for Reservists, Guardsmen and Other Military Personnel
(Separate Website)
Get answers to common questions about mortgage payment relief and protection from foreclosure provided by the Servicemembers Civil Relief Act (formerly known as The Soldiers' and Sailors' Civil Relief Act of 1940).
By: U.S. Department of Housing and Urban Development (HUD)
Protect Your Investment: Don't Let Predatory Lenders Take Your Home
(Separate Website)
Senior citizens are an attractive target for unscrupulous mortgage lenders because they have a lot of equity in their homes after years of diligently paying off their mortgages, and they use that equity to finance home repairs, medical care and other needs. While these lenders may encourage seniors to use their hard-earned home equity to secure new loans - they will not tell seniors about the high fees, hidden payments or other disadvantageous loan terms that could lead to the loss of their homes.
By: National Consumer Law Center (NCLC)
Protecting Exempt Income from Garnishment
(Separate Website)
By: Minnesota Attorney General's Office
Resources for Homeowners
(Separate Website)
Worried about your next house payment?
Or your home equity payment?
Already missed one? or two?
Concerned about your interest rate changing?
YOU DO HAVE OPTIONS. TAKE ACTION NOW.
By: Minnesota Home Ownership Center
Saving Your Home From Foreclosure
(Separate Website)
Unemployment, divorce, death and abusive lending practices put many homeowners at risk of losing their home. If you are facing foreclosure, you may be tempted to give up and walk away from your home. Don't give up! There may be an option available that allows you to keep your home or sell or transfer your home quickly before a foreclosure
sale. Here are some guidelines.
By: National Consumer Law Center (NCLC)
Six Steps For a Good Loan
(Separate Website)
Be careful when you look for a loan on your home. Whether you are buying a home, refinancing, or making home improvements, predatory lenders are ready to take your money and even your home. Here are six steps to get a good loan when purchasing or refinancing your house.
By: ACORN Housing
Sub-prime Lending
(Separate Website)
A sub-prime loan is a loan given to a consumer with impaired credit. Lenders offer the best rates, referred to as 'prime,' to consumers with the best credit. Consumers with less than perfect credit scores, credit history, employment history, or savings may be directed toward 'sub-prime' loans.
By: Minnesota Attorney General's Office
Tenant Rights When Landlord is in Foreclosure
(Separate Website)
Tips of the month factsheet from Volunteer Lawyers Network for October 2009 on the rights and process for tenants when the landlord loses the building to foreclosure.
By: Volunteer Lawyers Network, Ltd
Tenants and Foreclosure
(Separate Website)
A brochure to assist renters who are losing their homes to foreclosure
By: Family Housing Fund
Tips for Avoiding Foreclosure
(Separate Website)
By: U.S. Department of Housing and Urban Development (HUD)
Tips For Talking With Your Lender
(Separate Website)
We know that working with your lender may not always be the easiest task. If you would like to try and work with your lender on a repayment strategy, the Minnesota Home Ownership Center recommends you follow a few simple steps.
By: Minnesota Home Ownership Center
What You Should Know About Refinancing
(Separate Website)
Refinancing is a process in which you pay off one or more existing debts with a new home loan. If you have perfect credit, refinancing is sometimes a good way to obtain a lower interest rate or to convert a variable rate loan to a fixed rate. However, if you are in the midst of financial difficulties, if you have too much debt, or if you have bad credit, refinancing is loaded with pitfalls. We recommend that you be very careful when refinancing debts. Many refinancing loans hurt consumers. Here are 12 things to consider before refinancing.
By: National Consumer Law Center (NCLC)
Where do I find information about my housing problem?
Click on the statement that is closest to your problem and get directed to a fact sheet with information on this topic.
By: Minnesota Legal Services Coalition State Support Center
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You Can Avoid Foreclosure and Keep Your Home
(Separate Website)
Losing a home can be financially and personally devastating. Here's information to help you keep your home. Relief may be available.
By: U.S. Department of Housing and Urban Development (HUD)
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