Homeowners who are worried about or already facing foreclosure will have a unique chance to meet with mortgage lenders and get free advice from HUD-certified housing counselors at Mortgage Help Day on October 2.
The numbers are sobering. Last year, over 30,000 Washington families lost their homes to foreclosure, and it’s expected that about 41,000 Washington homeowners will face foreclosure this year alone.
• If you are worried about making your next house payment, please come.
• If you are currently delinquent on your mortgage, please come.
• If you have received a foreclosure notice, please come.
The free event will bring together representatives from at least three major banks (Wells Fargo, Bank of America and Chase) as well as a dozen housing counselors to help homeowners dealing with foreclosure understand their options and the resources available to them.
If your mortgage is with one of those lenders and you are facing a rate adjustment or other factors that are making it difficult to make your payments, please bring your loan documents and other important papers to ensure that you can make the most of this opportunity.
Organizers from the Statewide Poverty Action Network and other partner agencies suggest that you bring along:
• Photo ID
• Social Security Card
• Last 2 years’ W-2 and tax returns
• Last 2 months’ pay stubs
• Last 2 months’ bank statements
• All mortgage documents, including closing documents and statements
• AND if you have them: layoff notice from employer and/or medical letter from doctor.
Mortgage Help Day is from 10am – 4pm this Saturday, October 2 at South Seattle Community College’s Brockey Conference Center (6000 16th Ave SW). You can take Metro bus lines 125 & 128. Free childcare and translation services can be provided, but please call to arrange them in advance: (206) 694-6794.
For more information, go to www.povertyaction.org.