Keeping Your Home

The best way to prevent foreclosure is to avoid it altogether.   For Tips to Avoid Foreclosure, see the NeighborWorks® America Foreclosure website.

NeighborWorks® Anchorage has joined the Home ownership Preservation Foundation in a national campaign in an effort to help home owners who are facing foreclosure.  According to recent studies more than half of homeowners facing foreclosure do not call for help when they begin to fall behind on their payments.  It is crucial to call for help as soon as you have fallen behind on your payments or if you think you are going to fall behind.

The first line of defense for home owners facing foreclosure is to contact a U.S. Department of Housing and Urban Development (HUD)-certified counseling agency, such as:

  • Consumer Credit Counseling of Alaska
    Assistance: Housing Counseling/Foreclosure Mitigation/Default Mortgage Counseling
    Location: Alaska Statewide
    Telephone: Anchorage: 907-279-6501, Fairbanks: 907-451-8303, Fax: 907-276-6083, Toll Free: 800-478-6501
  • Housing Help Now Alaska
    Assistance: Housing Counseling/Foreclosure Mitigation/Default Mortgage Counseling
    Location: Alaska Statewide
    Telephone: 1-888-643-5725
  • 1-888-995-HOPE

By contacting one of these agencies, you can receive foreclosure prevention counseling.  

After contacting a counselor, you should immediately contact your lender.  Many home owners hesitate to call their lender because of embarrassment, fear, or lack of trust.  Working with a counselor may help alleviate this anxiety because a counselor has the ability to serve as a mediator between you and the lender.  With the help of a counselor a home owner can work with his or her lender to develop a reasonable plan that will offer temporary relief to the home owner.  More often than not, a lender is willing to work with the home owner to develop a plan of action designed to put you back on the financial road to recovery.

For more information visit Home ownership Preservation Foundation.

Other Resources

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