(855) 411-2372
An official website of the United States Government
It’s simple: You want to own a home. But we know the finances can be much more complicated than that. From adjustable rate mortgages to home equity lines of credit, ask CFPB your questions about mortgages. Find a question by searching, or by browsing this complete list. Select topics on the side to narrow your results.
Sort by: most helpful | most viewed | recently updated
If anyone tells you to stop making mortgage loan payments, they may be trying to scam you. Not making your mortgage loan payments could hurt your credit score and limit your options. Report individuals giving you this advice by file ...
Foreclosure processes differ by state. If you are worried about foreclosure, you should call the CFPB at 1-855-411-CFPB (2372) to be connected with a U.S. Department of Housing and Urban Development (HUD)-approved housing counselor.Typically, once you fall three months behind ...
If you’re unemployed, there are federal programs – Home Affordable Unemployment Program or the Hardest Hit Fund – that are designed to help homeowners who have lost their jobs. Foreclosure prevention counseling and homeless counseling services are available free of ...
Beware of anyone who promises you can stay in your home or who asks for a lot of money to help you. Scammers might promise guaranteed or immediate relief from foreclosure, and they might charge you very high fees for ...
A U.S. Department of Housing and Urban Development (HUD)-approved housing counselor may be able to help you by discussing your options. Some options might be to: Refinance Get a loan modification Work out a repayment plan Get forbearance Short-sell your ...
A mortgage loan modification is a change in your loan terms. The modification should be designed to reduce your monthly payment to an amount you can afford. Modifications come in different forms. Some extend the number of years you have ...
If your home is about to be foreclosed on, call the CFPB at 1-855-411-CFPB (2372) to be connected to a U.S. Department of Housing and Urban Development (HUD)-approved housing counselor who will work with you to see if there are ...
If the value of your home has fallen, the federal government’s Home Affordable Refinance Program (HARP) or the FHA Short Refinance Program may provide you with additional refinancing options. Call the CFPB at 1-855-411-CFPB (2372) to be connected to a ...
If your lender or servicer puts you on a repayment plan, you may be able to make up your missed mortgage loan payments over an extended period of time. You should make sure this is the right option for you. ...
If you have recently lost your job, your income is temporarily reduced, or your monthly expenses have temporarily gone up, your servicer may grant you a short-term reduction or suspension of your mortgage loan payments. You should make sure this ...
