There are several alternatives to foreclosure for homeowners who are behind on their mortgage payments due to financial difficulties. There are more solutions available now than ever before to avoid having to leave your home under the black cloud of foreclosure.
On this page is a brief outline of some of the options with links to the websites where you will find more information. If you are a homeowner in trouble, we hope that one of these programs will be of some help.
Georgia Homeowners who have fallen behind in their mortgage payments due to unemployment or underemployment may qualify for a Homesafe Georgia "bridge" loan. The Georgia department of Community Affairs has partnered with GHFA affordable Housing, Inc to provide assistance from the U.S. Treasury's "Hardest Hit Fund" which was established to help homeowners in the states that were affected the most by the economic crisis.
Click the link below for more information about Homesafe georgia eligibility requirements and to apply for Homesafe Georgia loan assistance.
The making Home Affordable website offers a wealth of information and frequently asked questions, as well as videos and explanations of the possibilities for avoiding foreclosure. If you are experiencing difficulties in affording your home mortgage, please visit this website and read about the options that may be available to you.