Default & Foreclosure Counseling

Foreclosure Prevention Counseling

With the unprecedented increase in foreclosures, homeowners need to understand their options more than ever before.  At MUDI, our housing counselors are trained to assist you in foreclosure prevention.

Your counseling session will provide you with the information you need to understand the loan modification process.  Our housing counselors are in contact with the largest mortgage companies on a daily basis, assisting homeowners in communicating with their lenders and in understanding the steps required for an effective resolution.

How It Works

After a thorough review of your income and expenses, as well as your debt and causes of delinquency, your housing counselor will familiarize you with the various timelines and the different programs for which you may be eligible. Loan modification programs are continually changing, and programs that were in effect yesterday may no longer be available today, so working with an experienced counselor who is up-to date on those changes will help save time.

MUDI’s housing counselors receive ongoing training on internal programs specific to different lenders, as well as on the federal foreclosure assistance programs.  These programs include:

  • Making Home Affordable (MHA);
  • Home Affordable Mortgage Program (HAMP);
  • Home Affordable Foreclosure Alternatives Program (HAFA);
  • Home Affordable Refinance Program (HARP);
  • Cash for Keys;
  • Deed for Lease Program; and

In cases where foreclosure is unavoidable, our counselors will help you organize an effective exit strategy that minimizes the detrimental impact on your future financial outlook.

Morningstar is a nonprofit, HUD-approved housing agency and is affiliated with Esperanza Inc.

Begin a Foreclosure Prevention Counseling session today by clicking Here:
Or call us at 770-492-4037 to schedule an appointment.