Foreclosure Prevention Counseling

With the unprecedented increase in foreclosures, homeowners need to understand their options more than ever before.  At Clearpoint Credit Counseling Solutions, our housing counselors are trained to assist you in foreclosure prevention.

Your counseling session will provide you with the information you need to understand the loan modification process.  Our housing counselors are in contact with the largest mortgage companies on a daily basis, assisting homeowners in communicating with their lenders and in understanding the steps required for an effective resolution.

How It Works

After a thorough review of your income and expenses, as well as your debt and causes of delinquency, your housing counselor will familiarize you with the various timelines and the different programs for which you may be eligible. Loan modification programs are continually changing, and programs that were in effect yesterday may no longer be available today, so working with an experienced counselor who is up-to date on those changes will help save time.

Among the options your housing counselor may discuss with you are:

  • loan modification
  • leaseback
  • forbearance
  • a repayment plan
  • a partial claim
  • reinstatement
  • a short sale; and
  • a deed-in-lieu of foreclosure.

Although not all of these options are available to all homeowners, your housing counselor will guide you in the workout options relevant to your particular situation.

Clearpoint’s housing counselors receive ongoing training on internal programs specific to different lenders, as well as on the federal foreclosure assistance programs.

In cases where foreclosure is unavoidable, our counselors will help you organize an effective exit strategy that minimizes the detrimental impact on your future financial outlook.

Clearpoint Credit Counseling Solutions is a nonprofit, HUD-approved housing agency, accredited by the COA (Council on Accreditation) and the NFCC (National Foundation for Credit Counseling).

Begin your foreclosure counseling session today

Call us to complete a phone session.


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Save Your Home

Work with a housing counselor to explore your options.

Call 877.412.2227