Local Housing Counseling Agencies Deliver FREE Help to Struggling Homeowners

Foreclosure Prevention Events Planned Throughout Northeast Ohio

CLEVELAND, OH – June is National Homeownership Month.  Yet the foreclosure crisis has made homeownership a fragile prospect for many families across northeast Ohio. 

In April there were more than 2,000 homes in foreclosure in Cuyahoga County alone.  That is why local housing counseling agencies want to remind homeowners that there is FREE help available to help them hold on to their American Dream.

Throughout the month of June struggling homeowners can get free advice and assistance from local HUD-approved, non-profit foreclosure prevention counselors at special foreclosure prevention outreach events. 

Euclid

June 12, 4-8:00 p.m.

Euclid Library

631 East 222nd Street

Euclid, OH 44123

South Euclid

June 14, 4-8:00 p.m.

Community Center

1370 Victory Drive

South Euclid, OH 44121

Parma

June 19, 4-8:00 p.m.

Senior Center

7001 West Ridgewood Road

Parma, OH 44129

Lakewood

June 21, 4-8:00 p.m.

University of Akron Lakewood

1415 Warren Road

Lakewood, OH 44107

Garfield Heights

June 26, 4-8:00 p.m.

Word of

Righteousness

Family Life Center

13455 Dressler Ave

Garfield Heights, OH 44125

Whether they’ve lost their job, suffered an illness, death of a spouse or some other form of financial difficulty there is often a way to keep borrowers in their home.  At the events they can sit down and talk one-on-one with local counselors who are trained to help them find the right solution for their individual needs.  Services offered will include:

  • Foreclosure prevention counseling
  • Homebuyer education
  • Financial counseling and education
  • Delinquent property tax solutions

In addition to housing counselors, representatives from the following lenders will be on hand to assist customers directly:

  • JPMorgan Chase
  • PNC Bank
  • First Federal of Lakewood
  • Bank of America

No appointment is necessary and all counseling services are absolutely free. 

In order to get the most out of their visit to the foreclosure prevention events homeowners are recommended to review the attached document checklist and bring materials to help counselors and lenders determine for which programs they qualify. Documents include proof of income, expenses, taxes and insurance, mortgage and bank statements.  

For more information about the foreclosure prevention events, the services available and local housing counseling agencies homeowners can contact any of the agencies listed below or call United Way 2-1-1 First Call for Help.

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Neighborhood Housing Services of Greater Cleveland

216-458.HOME (4663)

Cleveland Housing Network

216-881-8443

Community Housing Solutions

216-921-9100

Empowering and Strengthening Ohio’s People

216-361-0718

Home Repair Resource Center

216-381-6100


Homeowner Document Checklist

We cannot accept original documents. We cannot make copies for you. You must provided single sided, unstapled copies of each document listed.

 

Income

  • Paystubs showing year to date earnings for all jobs for the last eight (8) weeks for all wage earners living in the home
  • Unemployment insurance benefits
  • Determination of Unemployment Compensation Benefits document from ODJFS (initial award letter) with benefit year beginning and ending dates
  • Last 8 weeks of Unemployment Benefit Payment statements and/or payment summary from ODJFS
  • Most current Social Security and/or pension award letters
  • Most current food stamp verification
  • Alimony/child support payment verification
  • Self-employed and/or landlords
  • Profit/loss statement for past 6 months—signed and dated
  • Signed lease agreement

Federal income taxes

  • Filed federal 1040s (signed) and all schedules from most recent 2 years
  • W-2s and 1099s for past 2 years

Property tax and homeowner insurance

  • County property tax bill or tax bill summary from county auditor’s website for current year
  • Declarations page of your current homeowners insurance policy

Mortgage

  • Most recent monthly statement from your mortgage company
  • If you are in foreclosure please request a Reinstatement Letter (states past due balance) from lender or lender’s attorney
  • Mortgage (filed with your county recorder)—this is the document that secures your house as collateral that was signed when you closed on your loan.  At a minimum, we need the following 3 pages:  first, signature, and that which contains the legal description of the property

Bank Statements

  • All pages (even if blank) of last 2 months checking and savings account statements.  Statements must include name, address, account number, account type, statement period date, and deposit transactions
  • If you do not have a checking account you must provide a signed statement indicating this
  • Self-employed and/or landlords - Most recent 6 months business and personal checking and savings—all pages (even if blank)

Utility Bill

  • Current gas or electric bill (all pages)

Hardship

  • Hardship Letter—a brief, signed, dated, and detailed account of what event(s) occurred that has resulted in your inability to maintain your current mortgage payment
  • Documents verifying event(s) which created hardship e.g., medical bills, divorce decree, disability determination, etc.

Bankruptcy

  • Reaffirmation Agreement--If you filed a Chapter 7 Bankruptcy and reaffirmed your current home loan
  • Notice of discharge of  Chapter 7 and/or 13 bankruptcy filings which were filed after loan was closed

Restoring Stability application

  • Complete and print the PDF generated by the website.  Spouse’s information must be included and they must sign all documents, even if he/she is not a co-borrower.   Go to www.restoringstability.org for information and to begin.

Loan origination documents—if available

  • HUD-1 Settlement Statement
  • Truth-in-Lending Disclosure
  • Good Faith Estimate

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