Thursday, 29 December 2016

Important Steps And Tips To Avoid Foreclosure-Mortgage Assistance

Signing a mortgage doesn’t mean you think of losing your home but many unfortunate circumstances can lead to the foreclosure nightmare. Sudden lost jobs, serious medical issues or financial loss can bring major monetary crisis, making it quite impossible to make your mortgage payments
If stuck you need to follow some important steps and tips to avoid foreclosure. Read on to know.
Communicating with Your Lender
The moment you realize you are lagging behind your mortgage payments contact your lender. The lender should be aware of your financial problems to help you make a plan to avoid foreclosure. Lenders have foreclosure prevention options and can work-up the best plan suited for you. Avoiding their emails or calls will only create legal issues and take you to a foreclosure court. Don’t be embarrassed to tell your problems and seek help.
Research About Your Mortgage Rights
Read well your loan documents, the laws stated, the consequences if you can’t repay and the timeframe your state gives to pay back. Also, contact the State Government Housing Office for more detailed information.
Mortgage Payment Assistance
Know Your Mortgage Options
HUD has implemented many foreclosure options for homeowners who are at risk of losing their homes. A complete knowledge of your mortgage type and all the available options will help you choose the best to avoid foreclosure. Some important foreclosure options are:
Home Affordable Refinance Program (HARP)
Principal Reduction Alternative
Emergency Homeowners’ Loan Program (EHLP)
FHA Special Forbearance
Second Lien Modification Program (2MP)
Remember there are special rules for FHA insured loans, VA insured loans and conventional loans. If you are FHA insured which is part of HUD your lender will have to follow certain guidelines. If the lender disagrees you can contact FHA's National Servicing Center and/or FHA Outreach Center; call them or send them an email.

If you have conventional loans talk to a housing counselor approved by HUD. You can also contact HOPE NOW to help you sort out with your lender.
Contact a HUD Counselor
It stuck with foreclosure problem get assistance from HUD approved housing counselors. The housing counseling services are offered for free or at very reduced price that can help you organize your finances, tell you the laws, offer the best options and plan your expenditure. They can also represent you to negotiate with your lenders.
Don’t Get Into Scams
Many dishonest companies and/or for-profit companies may offer you deals to settle your foreclosure with your lender. Well, remember these are scams. They rarely live up to their promises and moreover, charge a hefty amount for their services. Do not fall for fake promises like promising to stop foreclosure or encouraging filing for bankruptcy or asking to make prior payments to them. Also, never sign any foreclosure rescue document without thoroughly reading it. It’s best to seek help from HUD counselors and trusted and verified professionals.
Follow these vital steps and avoid foreclosure to reside happily with your family in your home.

Tags- home buyer grants, home repair grants, home mortgage assistance, home repair for single moms, home buyer grants senior citizens, housing grants low income, mortgage payments.
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Thursday, 22 December 2016

Apply For Individual HUD Housing Grants And Financial Assistance

Apply for individual HUD housing grants and get financial assistance and benefit programs from the government to reside in a decent affordable home.
If you are applying for HUD Housing grants as an individual i.e, not on behalf of an organization or nonprofit organization then you need to follow few important steps to keep in mind. Grants for individual applicants are limited and are not granted directly. While applying for grants remember to select the ‘Individual’ option and then search for grants. The article will help you gain an insight into the key points to remember and the HUD housing grants that are available for individual applicants.
Important Points to Remember Before You Apply
Individuals are not entitled to direct loans or grants from HUD. To get grants, individuals must contact local governments and nonprofit organizations that provide financial assistance and counseling
Housing grants are not directly given to individuals. Mostly they are allocated to states and municipalities that are later distributed to eligible residents who qualify for the funds

The grants do not cover 100% of the housing cost
Qualifying for a mortgage is a necessity. HUD grants are only given to those who can use them towards a mortgage
If you are a first time home buyer looking for federal grants then you need to attend Housing Counseling class approved by HUD. The counseling sessions provide an insight into the grant process and help to organize the finances that enable one to qualify for a mortgage.
HUD Housing Grants
Section 8 Housing Choice Voucher Program: very low-income families, individuals, elderly and the disabled are eligible for the program that offers safe, affordable and decent housing provisions. Applicants can select their own houses i.e. townhouses, single-family homes, and apartments. Administered by the Public Housing Agencies (PHA), the applicants are issued housing vouchers to find suitable housing units. Once the owner agrees to rent the house under the program a housing subsidy is paid directly by the PHA to the landlord on behalf of the renter. The renter later pays the difference in the amount subsidized and the actual rent charged.
Assistance from Local Government: HUD grants are often allocated to state and local governments later to be granted to eligible participants. Contact your state and local government and county offices for assistance with housing grants.
Housing Counseling: HUD has a complete list of all housing counseling agencies throughout the country. Before looking for grants visit the agencies to get a complete knowledge of home purchasing, credit issues, renting, foreclosures, reverse mortgages, defaults etc.
Local Home Buyer Program: several housing programs are often sponsored by accredited organizations and state and local governments do look for them. For example in Texas, there are housing resources for seniors and for emergency situations. Ohio provides rural housing programs and homeownership vouchers. Visit the HUD page for more information.
Privately and Publicly Owned Subsidized Housing: Public housings are subsidized federal rental property funded by HUD and managed by local housing authorities. You must meet the eligibility criteria to qualify as a renter and the housing authority determines your rent.
Private housings are owned by landlords and property management companies who offer their homes at reduced rates. The rent is decided either by the landlords or it depends on your monthly income.
Individual applicants can also check with the for more information on housing grants, eligibility criteria through a free and confidential online screening tool. You may also apply for HUD loan programs. Research well and apply for HUD housing grants for individuals.

Tags- home buyer grants, housing grants, housing for low income individuals, low income housing grants, HUD home repair grants, home repair grants for single mothers.
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Thursday, 15 December 2016

Free Housing Grants And Home Buyer Grants For Teachers

Teachers enrolled in schools located in remote areas or in rural communities find it difficult to get safe and decent homes to reside. Moreover, the restricted income levels and low savings can be an additional financial burden. Hence, to offer help, the federal government, state governments, and recognized institutions offer housing grants to teachers to offset the expenses. A list of grant programs are mentioned below, read and start applying.
Everyday Hero Housing Assistance Fund (EHHAF)
Teachers can now purchase a house with financial help from EHHAF. The organization assists qualified buyers in negotiating purchase and helps with closing costs that are free of any administrative fees. An agent from the organization will work with the seller to negotiate concessions and the service charges are free. Teachers can choose to purchase any type of home-resale, foreclosure or a newly constructed one and there is no time restriction for residing in their houses.
home buyer grants for teachers
State Housing Assistance Programs
Teachers can get special housing benefits from the state governments. The housing grant programs are categorized into two sections-the first program offers teachers who are prepared to teach in schools located in remote areas or hard-to-staff schools for a certain period of time. The second section enables teachers who agree to impart education for a selected number of years. It offers mortgage financing, closing costs or loan forgiving assistance.

State housing programs for teachers may include- Georgia Dreams Home Ownership Program, California’s Extra Credit Teacher Program, Louisiana Teachers Home Buyer Program, The Mississippi Critical Teacher Shortage Act, Arkansas Teacher Housing Development Foundation, Mississippi Moving Expense Reimbursement Program.
Good Next Door Program (Teacher Next Door Program)
The Good Neighbor Next Door Program is administered by the U.S. Department of Housing and Urban Development (HUD) that enables teachers to become homeowners in moderate income neighborhoods or revitalization areas. HUD provides an attractive incentive of 50% discount from the home list price or purchase price.
Teachers must agree to reside in that property for a tenure of 36 months and it must be the sole residence. Eligible candidates can arrange for their own loans and those qualified for FHA financing have a down payment of only $100. The Good Neighbor Next Door Program is applicable to pre-Kindergarten to 12th grade teachers, administrators, law enforcement officers, emergency medical technicians and firefighters.
Housing for Heroes
The Housing for Heroes grants benefit programs and housing assistance like tax breaks, down payment help like lower interest rates, subsidized loans, life insurance and forgiving certain loan portions if the teacher imparts education in understaffed schools or in specific subjects for a given period of time.
Teachers can also get housing assistance from local school districts that offer rented homes at discounted rates to offset their low salaries. Moreover, nonprofits, local & state governments, schools and recognized institutions also offer housing grants for teachers like State Housing Initiative Program (SHIP), USDA Rural Program, Keystone Challenge Fund, Keystone Challenge Fund, Habitat for Humanity and others. Apply soon.

Tags- home buyer grants for teachers, free housing grants, home repair grants, home improvement grants, housing grants for low income teachers, home grants single mothers.
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Saturday, 10 December 2016

Free Financial Help For Home Repair And Relocating Expenses

Home relocation can be really very expensive. Whether you are moving for better living conditions, after a natural disaster, for company relocation, business closure or any unexpected reason, the expenses of shifting can be overwhelming. It’s a complex process that involves goods packing, transportation expenses, travel expenses, security deposits etc. that add up your expenditure.
So, if you are running out of money and need financial help for home relocation expenses then there are few options that you may opt for. Government grants, nonprofit organizations, state agencies and social service agencies can help cover the moving costs. Read on and apply soon for relocation assistance.
Federal Relocation Assistance Program
The program assists low-income families, who are homeowners, to move or relocate after a natural disaster. It covers the expenses of moving to a different location and/or to a new house. Eligible families can receive grant amount that covers the shifting cost. The grant program also provides financial assistance to small businesses to relocate their office.

Homelessness Prevention and Rapid Re-Housing Program
The HUD-administered Homelessness Prevention and Rapid Re-Housing Program offer monetary help to disadvantaged families experiencing homelessness or those who are at a risk of getting evicted due to inability to pay rent. The funds from the grant help in compensating for medium or short term rental assistance, utility payments, credit counseling, housing relocation and moving costs like transportation, furniture shifting, deposit cost covering.
Money For Home Repair And Relocating Expenses
State and Local Government
If you think of moving do visit the social service department of the state or local government. Families residing in unhealthy or unsafe living conditions or those who need to relocate due to a natural disaster are eligible for cash assistance from the state or local offices. Check the internet for the nearest government office and visit them.
Supportive Services for Veterans and Veteran Families
The program assists Veterans and their families to find affordable homes, offers financial aid for the initial monthly rents and helps pay off back rent and utility bills. The Veterans Inc. Veteran families who are homeless can also get assistance for transportation and home moving expenses from the Supportive Services.
Nonprofit Organizations
Every state has nonprofit organizations that work for the welfare of the society. These nonprofits, funded by the state and local government and/or individual or corporate donors, assist needy families, battered women, single mothers, the disabled and senior citizens to help them lead a well-accomplished life. You may seek financial help for home relocation expenses from organizations like Amy's Courage Fund, United Way, Salvation Army, YWCA, Jewish, Catholic and Lutheran social services and other social service agencies.
You may also want to seek help from packing and moving companies for any discounts, installment payments or special plans. If you are shifting for a new job then you may get financial help and moving allowances from your company. Apply now for an eased and affordable home relocation.

Tags- free home repair grants, home relocation grants, home improvement grants for low income, veteran home repair grants,grants for mobile home, hud grants for home repair.
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Thursday, 8 December 2016

Free Home Repair Grants For Disabled Veterans Renovate Home

Get your Veteran home repair grants and avail free money to repair and renovate your home for safe and independent living.
The transition of Veterans from the defense life to civilian life poses hurdles in the way to get secured jobs or decent earning opportunities. Veterans need to struggle to make a living with their meager savings post retirement or voluntary retirement due to some physical ailment. Disability further accentuates the problems as they require home repairing finances for better accessibility and to cope up with their injuries or damages caused to health.
The federal government, private organizations and the military departments offer financial help and grants to disabled Veterans for home repair needs. Get your home repair grants and make your home a better place to live in.

Federal Grants for Home Repair
Home Improvement and Structural Alteration (HISA): Both services related and nonservice related Veterans may avail the HISA program for their home repair needs for disability treatment process and/or for better accessibility in the residence. The HISA grants are offered to those disabled Veterans who have been advised for medical treatment for which certain home renovations or alterations are essential.
disabled veterans home repair grants
Service-connected Veterans may receive $6,800 and nonservice-connected Veterans may receive $2,000.
Special Home Adaptation (SHA) Grant: Veterans with specific service related disabilities are eligible for SHA grant. A grant amount up to $12,756 is offered to Veterans and service members for modifying and repairing their houses. The disability compensation is given to Veterans for:
Severe burn injuries
Both eye blindness and having 5/200 vision or less
Anatomical loss, loss of both hands, extreme injury below elbow
Specially Adapted Housing (SAH) Grant: The SAH gives grant amount up to $63,780 for constructions of homes, better adaptability or removing obstacles for ease in moving for service related disabled Veterans. The disability compensation is given for:
Total loss of use or loss of both lower extremities, requiring usage of wheelchair, braces, crutches etc
Blindness in both eyes and loss of one lower extremity
Total loss of use or loss of both upper extremities
Severe burn injuries
Organic injury/disease with loss of use of one lower extremity or one upper extremity
Nonprofit Organizations
Habitat for Humanity’s Repair Corps: the program primarily offers critical home repairs for Veterans such as interior and exterior work, removal of health, safety and life hazards, modification for better accessibility, repairing of required materials, reconfiguring of space, installing any mechanical, plumbing or electrical systems and others. Qualified Veterans can also receive standard home repairs from Habitat.
Renovating Hope: injured Veteran homeowners and American service members can get home repair and remodeling services from the nonprofit organization. Veterans need to describe the current home condition, the required repair needs and any special needs if they have and send an email to the organization. They may also speak to the representatives for assistance.
More organizations like Salvation Army, Active Heroes, Home Depot Foundation, HelpAmerica Foundation, and The Admiral Roy F. Hoffmann Foundation offer repair and renovation services for free.
Apply soon for home repair grants for disabled Veterans and enjoy a well secured and independent living in your own house.

Tags- home repair grants, home improvement grants, grants for disabled veterans, home modification grants, home repair for low income veterans, hud home repair grants.
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Friday, 2 December 2016

HUD Home Repair Grant Programs For Home Improvements

Apply for the HUD home repair grant programs and get your homes renovated and restored for free for a comfortable living.
The federal Department of Housing and Urban Development (HUD) has initiated several home repair programs and benefit schemes for low income people. Financially crunched families often find it challenging to manage funds to repair, remodel, modify or adapt their homes according to their requirements.
The home repair programs financially assist in remodeling work and offers grants that subsidize the expenses. Let’s have a look at the HUD home repair grant programs for you.

Home Repair Grants by HUD
Community Block Development Grants
HUD has initiated the CDBG program for home and neighborhood repair needs and to offer decent living standards to low income communities. The funding amount is decided by HUD based on varied factors like poverty levels, housing age, population, housing overcrowding etc. and the grants are disbursed to local, state and county housing authorities. Eligible families and communities receive financial assistance through the HUD grants for the needed repair work, housing assistance, and home infrastructural development. The primary purpose is to eliminate safety and health threats. Grants are provided based on certain qualifications and eligibility criteria.
home repair grant programs
HOME Homeowner Rehabilitation
Funds from the HOME Investment Partnership Program are used for repair, reconstruction and rehabilitation work for housing units occupied by existing homeowners. To be eligible the homeowner needs to have low income earnings and occupy the home as the principal residence.
Nonprofit Organizations
Home repair assistance is also available from HUD supported and funded nonprofit organizations. Nonprofits like Rebuilding Together, NeighborWorks, Habitat for Humanity, Salvation Family Emergency Services, National Low Income Housing Coalition, The National Fuel Funds Network and others offer home repairing grants through HUD to ensure complete safety and security of low income earning families. Applicants are chosen based on age, income levels, need and disability factors for home repair grants.
Area Agency on Aging
Eligible elderly or senior citizens are entitled to receive grant money and financial support from HUD for their specific home repair requirements. Based on location, city, income level and necessity free grants are offered to some applicants while others need to pay on a sliding scale basis. Grants money can be used for repairing of water tanks, heating and plumbing systems, electrical systems, water taps, roofs, floors, walls, ceilings, doors, kitchen, bathroom, removing hazardous objects, remodeling house for the handicapped for better accessibility etc. Contact your local Area Agency on Aging for assistance.
HUD Home Repair Loan Programs
HUD also offers home repair loan programs for emergency renovation needs.
Title 1 loan: the HUD Title 1 Program Loan Insurance for Property Improvement can be used for repairing electrical appliances or for restoring of damaged roof, walls, ceilings, floors etc.
Streamlined 203(k): applicants can get a maximum of $35,000 loan amount for renovating of roofs, septic systems, home painting, waterproofing, gutters or installing appliances etc.
203(k) rehab loan: the HUD 203(k) Rehabilitation Mortgage Insurance loan is used for extensive renovation work like landscaping, modernizing of home, remodeling or addition of floors, roofs, ceilings, weatherization work, energy conservation improvements or even building a completely new home.
If your home also requires repairing or remodeling work then start applying for HUD home repair grant programs.

Tags- free home repair grants, home improvement grants, window replacement grants, roof replacement grants, home buyer grants for single moms, housing grants for senior citizens.
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