Foreclosure & Delinquency
If you’re in foreclosure or have received a notice of intent to foreclose then time is not on your side. If you have missed a payment let us examine your situation before it’s too late and foreclosure is filed on your property. Most foreclosure filings can happen after 90 days past due. Once the filing is complete you have a limited amount of time to work out an agreement with your mortgage service provider.
Some programs that are now available to the delinquent homeowner include – FHA-HAMP and FHA- HAMP Partial Claim, Fannie Mae and Freddie Mac standard modifications, and Loan Servicer Modifications for conventional loans. Homeowners with verifiable income and hardship who have fallen behind on their mortgage payments may be eligible for these mortgage modifications programs.
Unemployed retired, or disabled homeowners should have some verification of income before attempting to apply. Verification would consist of the original award letter for unemployment, disability, or social security retirement benefits.
Please contact a SWIC housing counselor if you have any questions regarding income verification.
The SWIC housing counseling office attends training seminars every couple of months to stay current on the critical information that is needed in the foreclosure market. We are ready to become your advocate. SWIC is also a member of the Colorado Housing Counseling Coalition.
One-on-one counseling sessions are available Monday – Friday by appointment only. Call a SWIC Housing Counselor TODAY for assistance or to register for a Homebuyer workshop!
303-934-0923 or send an email to firstname.lastname@example.org
For more information you can watch this series of videos produced by Freddie Mac.
Your help makes these services possible for our community.
2022 HOME BUYER