Facing Foreclosure? Get the Facts!
Whether you have missed payments or feel that you may soon miss a payment because your mortgage is no longer affordable to you, you need to take action immediately.
- Step 1: Download the Foreclosure Fast Facts PDF (English/Spanish)
- Step 2: Get NO-COST help from a HUD-Certified Housing Counseling Agency located in your county
- Step 3: Together you will find the solution that is BEST for you
Get the Foreclosure Fast Facts PDF
For a list of New Jersey Housing Counseling Agencies, download our Foreclosure Fast Facts documents by clicking on the graphics below.
Get help TODAY, don’t wait! The sooner you call a HUD-Certified Housing Counselor, the more options you’ll have. There is NEVER A FEE for this help.
Visit this page for information about the State of New Jersey and Federal Government's various programs for homeowners facing foreclosure.
Beware of Foreclosure Rescue Scams - HELP IS FREE!
- There is never a fee to get assistance or information about Making Home Affordable (www.makinghomeaffordable.gov) from your lender, a HUD-approved housing counselor or a NJ Housing Counseling Agency listed in the Foreclosure Fast Facts PDF (English/Spanish).
- Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Do not pay – walk away!
- Beware of anyone who says they can “save” your home if you sign or transfer over the deed to your house. Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.
- Never make your mortgage payments to anyone other than your mortgage company without their approval.
- If you feel you have been taken advantage of or mislead by a lender, contact Legal Services of New Jersey (LSNJ) at 1-888-576-5529 or online at www.lsnj.org. LSNJ provides legal representation to low-income NJ homeowners. Homeowners of any income level may file a complaint with the NJ Dept. of Banking and Insurance (DOBI) at 1-800-446-7467, or online at www.state.nj.us/dobi/consumer.htm. Additionally, the Attorney General urges any member of the public who has been a victim of mortgage-related fraud to report it by calling the Division of Consumer Affairs’ toll-free hotline at 1-800-242-5846. You can also visit www.njconsumeraffairs.gov to file a complaint online.
Home mortgage foreclosures have increased dramatically across the nation due to the ongoing disruption of the subprime mortgage lending market. Get more information about Subprime lending at this link, courtesy of the New Jersey Department of Banking and Insurance (DOBI).