Services Available for Families Facing Foreclosure

The following services are available for families residing in Kent County, Michigan:

Budget Analysis – An in-depth review of the family budget to assess whether the house is affordable and continued ownership is realistic.

Case Management – If the budget analysis shows that continued home ownership is realistic, our financial counselors prepare a detailed plan with the homeowners and regularly review their progress, including ongoing follow-up.

Advocacy with Lender – When a mortgage is overdue, we can work with lenders on the homeowner’s behalf on various alternatives to foreclosure (called “loss mitigation”). These alternatives can include:

  • Repayment Plans - for increased payments over a pre-determined period of time

  • Loan Modification - to increase the loan by the amount past-due and issue new loan terms

  • Partial Claim – a second loan to accommodate the past-due amount to be paid after the first mortgage is paid off

  • Special Forbearance - where the lender agrees to allow extra time to acquire more income, while reducing or suspending payment

Fund Coordination – Referral and coordination with other non-profit agencies that provide emergency cash assistance for mortgage arrearages.

Weekly Financial Literacy Classes – We offer free financial education classes, in both English and Spanish, each Wednesday evening. The series includes Financial Basics, Credit/Credit Repair, Money Management, Rainy Day Money and the Ins and Outs of Refinancing. Homeowners who receive services through our Foreclosure Intervention Program make a commitment to attend Money Matters classes as part of their counseling.

To learn more, call us at (616) 241-2601.

Donate

Thank you very much for your generous support. Home Repair Services is a 501(c)(3) non-profit organization and your contribution is tax-deductible to the extent allowed by law.

Volunteer

Right now we're looking for cement workers, receptionists, woodshop workers and a volunteer liaison.  If you're interested in any of these roles, contact Stan Greene at (616) 241-2601, ext. 223 and tell him "I've got skills you can use!"

Requirements

To qualify for services you must own, or be buying, the home in which you live.  The home must be in Kent County.  Your combined household income must be below our published guidelines.

Contact Us

Phone: (616) 241-2601 (Si! Se habla español.)

Fax: (616) 241-5151

Address: 1100 South Division Avenue, Grand Rapids, Michigan 49507

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