Memphis Tennessee foreclosure prevention

Program Overview

Memphis Tennessee non-profit foreclosure prevention organizations: Get information below on Memphis HUD approved housing agencies. Homeowners can get free foreclosure prevention counseling, advice, and information on mortgage programs from highly trained counselors at each of these non-profit organizations.

Binghamton Development Corporation - Call the agency to get access to foreclosure counseling and financial literacy type programs and services. The free foreclosure counseling may help you save your home by learning about various resources and services available to you from the federal government and the state of Tennessee, among others.

Financial literacy will help you get back on track financially, by improving your credit scores, helping you manage your household budget, and learn about items like home down payment assistance and debt reduction.

Located on Walnut Grove Road in Memphis, and call 901-826-6195. One of the leading resources for low to moderate income families and individuals is Memphis Housing Resource Center (MHRC ). Free counseling is dedicated to assisting members of Shelby County, and the goal is for preserving homeownership and preventing foreclosure.

MHRC and their partners, which include national banks, non-profits, and HUD housing agencies, all partner together to deliver innovative homeownership preservation solutions. 901-529-1151 Many national housing counseling agencies also have offices in Memphis, such as: Clearpoint Credit Counseling . One of the services they offer which is currently in high demand is Mortgage Delinquency Counseling.

As part of this service, a HUD Certified Housing Counselor will meet with you to, among other things, thoroughly evaluate your personal financial situation and review your budget. They will then provide you free advice and counseling on how to avoid default of your home loan, stop a foreclosure, or avert a bankruptcy.

The counselors will also be able to work directly with you and your bank or mortgage holder to come up with a solution that works for all parties. Call them toll free at 877-877-1995. Frayser Community Development Corporation . Counselors work closely with Memphis Tennessee homeowners to offer free advice on how combat predatory lending and they also promote foreclosure prevention in the greater Shelby County area.

They also provide home buyer education, meaning credit repair, debt reduction, and budgeting skills and advice. Speak to a counselor at 901-354-7178. Family Service Agency, CCS . Call 901-323-4909. The organization runs a Mortgage Delinquency and Default Resolution Counseling Program as well as offers pre-purchase counseling for first time home owners.

Memphis Financial Counselors of America works with banks and mortgage servicers across the country, as well as THDA and the Housing and Urban Development (HUD). Meet with a counselor to review the terms of your current mortgage. Also the counselor will provide you with extensive information as well as a clear understanding of what payment terms, fees, and the other circumstances of what your mortgage entails.

They will review your options when it comes to mortgage delinquency and foreclosure prevention. Dial 901-722-5000. Non-profit Memphis and Shelby County Tennessee housing agencies: Several locations are referenced above, along with their phone numbers. IF you need more options or places to call for help, you do have more choices.

They include the following. Orange Mound Community Development Corporation - 901-327-4205 Southeast Memphis CDC - 901-273-2870 The Works Incorporated - 901-946-9675 United Housing, Inc. - 901-272-1122 Neighborhood Housing Opportunities - 901-729-2934 Memphis Consumer Credit Education - 901-321-6800 Memphis Area Legal Services - 901-432-4663 These non-profit HUD certified organizations will all offer one or more of the following.

Mortgage delinquency and home loan default counseling, pre-purchase counseling, predatory lending workshops and legal advice, information on home improvement resources and programs, and much more.

Who Can Apply

• Low-income individuals and families meeting income guidelines
• Participants in government assistance programs (SNAP, Medicaid, SSI)
• Recipients of federal housing assistance
• Those experiencing financial hardship or crisis situations

Application Process

Applications can typically be submitted online, by phone, or in person. You will need to provide documentation of your income, household size, and proof of participation in qualifying programs if applicable.

Benefits Available

This program provides various forms of financial assistance depending on your specific circumstances and needs. Benefits may include bill payment assistance, emergency aid, or ongoing support services.

Contact & Apply

For more information about this program, including application deadlines and specific requirements, visit the official resource link below or contact the administering organization directly.