Help for Homeowners

The following resources may be able to help if you're having problems making your mortgage payments.

The Federal Housing Administration offers refinancing options that can help people who owe more on their mortgage than their home is worth. Lenders in the FHASecure program voluntarily agree to forgive any mortgage debt that exceeds 90 percent of the current appraisal value on the home, so the homeowner can refinance into an FHA-guaranteed loan.

A housing-counseling agency approved by the Department of Housing and Urban Development can help you work with your lender and find out about your options.

The HOPE NOW Alliance Web site can help homeowners who are on the verge of foreclosure.

The Department of Commerce's Economic Recovery.gov provides great resources to help avoid financial troubles.