Johnston-Lee-Harnett Community Action is taking part in a state initiative to help homeowners who are facing foreclosure.
Community Action is one of 47 agencies that will share $13 million in mortgage-settlement funds, making it possible to offer free help to home buyers and owners, especially those facing foreclosure.
At no charge, Johnston-Lee-Harnett Community Action can offer guidance to borrowers who might be eligible for financial payments under the National Mortgage Settlement. Also, the agency can help homeowners to seek loan modifications and counsel them on their options to avoid foreclosure.
Community Action can also help homeowners who have lost their jobs apply for loans to make their mortgage payments while they look for work or complete job training. Zero-interest loans are available from the N.C. Housing Finance Agency and are considered satisfied after the homeowner has continued to live in the home for 10 years.
In addition to seeking help from a housing counselor, homeowners facing foreclosure should consider the following tips:
For more information, or to make an appointment with a counselor, homeowners should call Johnston-Lee-Harnett Community Action at 919-934-2145.