Help For Ohio Residents

The Ohio NeighborWorks Foreclosure Prevention Initiative offers a variety of programs to help residents facing foreclosure. Contact the HOPE Hotline at 888-995-HOPE and they will do the initial assessment and refer you to counselors in your area who can help. They offer the Ohio Home Rescue Fund which is a loan of up to $5,000 to help you get your mortgage back on track, but you must agree to mortgage counseling and have the ability to maintain the home. The Cuyahoga County Foreclosure Prevention Program provides everything from budgeting advice to refinance counseling to help homeowners keep their homes. Cuyahoga County residents can call 211 or visit www.dontborrowtroublecc.org for more information.

In addition the Ohio Housing Finance Agency provides an Opportunity Loan Refinance Program for those who have adjustable rate mortgage so they can refinance to a 30-year fixed rate mortgage. You also may be reimbursed for any out-of-pocket expenses for an appraisal, credit report, or other costs. There are income limits which vary county to county in Ohio, but can go as high as $80,750. To learn more call the Ohio Housing Finance Agency at 888-362-6432 or online at www.ohiohome.org