Cleveland, OH – Empowering and Strengthening Ohio’s People is happy to announce that it is once again accepting homeowners with any mortgage lender across the state of Ohio.
“It has always been our goal to help every homeowner we can to keep their home. Now we can finally get back to that mission,” said Mark Seifert, Executive Director of ESOP.
March 1st budget constraints forced ESOP to discontinue its assistance to homeowners referred from the NFMC program.
Now those issues have been resolved. Combined with the added resources of the Restoring Stability program this puts ESOP in a much stronger position to assist nearly any homeowner who needs help.
The Restoring Stability program is part of the federal Hardest Hit Fund. It provides up to $15,000 to assist qualified homeowners with their mortgages. This can be a lifeline to Ohioans who lost their jobs and are still looking for work, or had to take a part-time job to make ends meet.
“When we combine relief funds from Restoring Stability with mortgage modifications and other workouts that we can negotiate directly with lenders/servicers, it means there is more hope for people to keep their family’s home,” said Scott Rose, ESOP’s Director of Foreclosure Prevention Advocacy. Combining the two approaches can help delinquent borrowers become current on their mortgages and negotiate a lower monthly payment that they can actually afford.
Homeowners are urged to contact ESOP at 216-361-0718 or toll-free at 877-731-3767 for more information or to make an appointment.
ESOP is a HUD-certified foreclosure prevention counseling agency and a leader in Ohio. We have 9 offices across the state and a nearly 75 percent success rate. We have been on the frontlines of the predatory lending and foreclosure epidemic since 1999. In 2010 ESOP helped save more than 3,200 homes from foreclosure; more than 16,500 since 2005.