Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

Foreclosure Prevention Resources for Homeowners

For most families, a home is not only a significant financial investment but also a source of pride. The loss of a home, due to unexpected events such as unemployment or divorce, can be financially and personally devastating; you can keep your home…if you know the right steps to take. Taking action now can help you protect your family from the loss of your home. Contact your lender as soon as you realize that you have a problem. Below are helpful links about foreclosure prevention. Remember, if you have fallen behind on your payments, there are alternatives to foreclosure.

Free foreclosure prevention resources throughout Texas (PDF)

Homeownership Preservation Foundation (HPF)
Homeowner's HOPE™ Hotline is a counseling service provided by the Homeownership Preservation Foundation. For further information, please call the hotline at 1-888-995-HOPE (4673) or visit
http://www.995hope.org/.

Housing and Urban Development (HUD): Guide for Avoiding Foreclosure
Whether you're in foreclosure now or worried about it in the future, we have information that can help. http://www.hud.gov/foreclosure/

Housing and Urban Development (HUD): Help for Homeowners Facing the Loss of Their Home
If you have been laid off or are facing unemployment, you can keep your home—if you know the right steps to take. The information listed here will assist you in finding the help you need to prevent foreclosure if possible. They want to work together with you to help keep you in your home if at all possible.
http://www.hud.gov/offices/hsg/sfh/econ/econ.cfm

Contact information for organizations in Texas that can provide foreclosure avoidance guidance on the HUD Web site (Texas search results page).

Federal Housing Administration (FHA)
Losing a home can be financially and personally devastating. Relief may be available. If you are...

  • Facing money problems,
  • A disaster area victim,
  • On active military duty or your spouse is on active military duty.

Additional Mortgage Assistance from FHA is available. Borrowers having difficulty paying their mortgages will be eligible to refinance into FHA-insured mortgages they can afford. Visit the HUD.gov Web site for detailed information.

Freddie Mac's Avoiding Foreclosure
http://www.freddiemac.com/avoidforeclosure/

Office of The Attorney General Of Texas
One of the many responsibilities of the Attorney General (OAG) of Texas is to serve and protect the rights of all citizens of Texas. Below are useful links and helpful information and resources from the Attorney General for homeowners who are having trouble keeping up with their mortgage payments:

For Texas foreclosure laws and regulations, see the following articles by the Real Estate Center at Texas A&M University:

Texas Foreclosure Law Summary
http://www.foreclosurelaw.org/Texas_Foreclosure_Law.htm

Foreclosure Resource Center - Federal Reserve Bank of Dallas
The Federal Reserve maintains a Web site with information and links to agencies and organizations that may provide assistance to consumers experiencing difficulty making their mortgage payments.
http://dallasfed.org/ca/foreclosure/

PMI Mortgage Insurance Company
Has recently launched a new site at www.homesafepmi.com, this site contains valuable foreclosure prevention resources for consumers as well as contact information. This site is designed to elevate awareness of the alternatives to foreclosure.

Helpful Phone Numbers:

  • Housing and Urban Development (HUD) 1-800-569-4287
  • Federal Housing Administration (FHA) 1-800-225-5342
  • Homeownership Preservation Foundation (HPF) 1-888-995-HOPE (4673)