The Florida Foreclosure Prevention Program (FCP) is saving home and spreading hope. Ask local resident and program participate, Simone B.
The Florida Foreclosure Prevention Program (FCP) is a life-saver. Just ask our client, Simone B. Frustrated and ready to give up, Simone came into our office ready to sign the papers to put her home up for short sale.
For Simone, her home was more than a financial asset. "I raised my daughter in that home and I was hoping to one day pass it on to my grandson." As a single mom, Simone worked her entire life to obtain her home and we just couldn't let her sell without trying to help. Our counselors got in motion and spoke with her servicer to get her a 'Loan Modification' with a 3.75% reduced interest rate and lower payments with no reinstatement fee!
Needless to say, now she can make new memories with her grandson in the place his mom calls home. From generation to generation, stories like this remind us of why we started Oasis of Hope.
Our clients come to us with various problems and are often on the brink of foreclosure. Our counselors act as problem solvers, negotiating terms and finding resources to help residents remain in their homes. While Oasis of Hope is primarily known for our awesome work with first-time home buyers, our mission is much bigger.
Don't ignore the problem. Contact your lender and/or a HUD-approved housing counseling agency like Oasis of Hope. The further you fall behind, the harder it will be to reinstate your loan, and the more likely that you will lose your home.