Foreclosure Prevention

Overview

For Homeowners at risk of foreclosure, at any stage in the foreclosure process, Hacienda can help you:

If you are a homeowner AT RISK of foreclosure:

For homeowners who are current, but show high risk of falling behind on their mortgage, Hacienda's Homeownership Support Program offers:

• Preventative information and education through community-based Default Intervention Workshops, homeownership support presentations and trainings;
• One-on-one counseling at Hacienda CDC's centrally located offices;
• Individualized review of the homeowner's current financial condition, including a detailed housing analysis and action plan development;
• coordinated housing support services within Hacienda CDC;
• Appropriate referrals to a network of Multnomah County non-profit partners and professional groups that offer complementary assistance; and
• Advocacy for homeowners seeking to engage their loan servicers for the resolution of pending requests.
• If you have not yet received a Notice of Default from your servicer, you are eligible to take advantage of Oregon's new foreclosure avoidance mediation program - SB 1552- as an "at risk' homeowner and receive pre-mediation counseling and training on how to navigate the mediation process.
• To begin working with us call (503) 961-6432 or Email home@haciendacdc.org

If one or two mortgage PAYMENTS WERE MISSED:

For homeowners who are late on their mortgage payment but have not received a Notice of Default, Hacienda's Homeownership Support Program offers:

• All of the services that are available to homeowners At Risk, but organized to meet the specific timeline and the circumstances of documented hardship
• If you have not received a Notice of Default but are already at least one month behind in payment of your mortgage, concact us immediately;
• Call the Homeownership Support Program to request an intake application
• Next, register and attend our Default Intervention Workshop; and
• After your in-take file is complete for review, a certified housing counselor will meet with you for one-on-one counseling.
• To begin working with us call (503) 961-6432 or Email home@haciendacdc.org

If you are IN DEFAULT NOW:

For homeowners who have received a Notice of Default and are presently facing foreclosure:

• Contact us immediately for expedited assistance.
• Call our staff and complete our in-take application;
• Be prepared with the date of default and/or sale date if one has been established;
• If possible, register and attend our Default Intervention Workshop;
• Next, schedule a time for one-on-one counseling;
• With a complete intake application, counseling sessions will be most effective;
• Our trained counselors will review your present financial condition with you, isolate the steps of the foreclosure process, and identify and discuss all available options; and
• At the conclusion of one-on-one counseling sessions, counselors and homeowners will produce an action plan to proceed in accomplishing the agreed upon goal within the time-sensitive pre-foreclosure period.
• To begin working with us call (503) 961-6432 or Email home@haciendacdc.org

Foreclosure Process Timeline (English)

Foreclosure Process Timeline (Spanish)

Photos