1st Foreclosure Prevention is offering a number of different services for people who are unemployed. One of the best services is that of a foreclosure prevention plan that involves getting one’s mortgage to go through a forbearance period. This is a very convenient tool for anyone who needs assistance with getting a mortgage taken care of. There are a few important requirements for a person to deal with though.
1st Foreclosure Prevention will allow a person to enter an HAUP, or Home Affordable Unemployment Plan, to take care of a mortgage. This is where the mortgage loan that a person has can be delayed for a period of time. This is so a person will be able to have plenty of time to find a new job. This is a job that will be used to help with making it easier for a person to handle one’s regular mortgage. After all, unemployment can make it very difficult for a person to afford a mortgage.
In order to get into this plan a person will have to meet a few requirements. A person will need to have received unemployment benefits in order to get into this plan. The unemployment benefits will have to be received before the first month of a forbearance plan begins.
In some cases a mortgage might be one that can get into a forbearance plan only if a person has gotten unemployment benefits for at least three months. This is used to ensure that a person who is looking into a foreclosure prevention service is legitimately unemployed and has been having a hard time with finding a new job.
The month requirements for the foreclosure prevention plan will be used to help with making sure that a person is actually unemployed. This is so the person will be able to enter the plan and get a forbearance to occur on a loan. It will make sure that one’s situation is a legitimate one and not something that will abuse a foreclosure prevention service.
A person will also have to contact 1st Foreclosure Prevention well in advance. A deal that regards forbearance may not occur in the event that the unemployed person is severely behind on one’s mortgage. The forbearance can work in the event that a person is only missing one or two payments on a mortgage. A person who is three or more months behind on a mortgage will not be able to get into this plan.
Any person who is unemployed should look into getting into a plan that involves getting a mortgage loan to be delayed by a few months. 1st Foreclosure Prevention can work to offer a plan that involves making sure that one will be able to get into a deal that will involve forbearance. This is provided that the person is able to meet the requirements that will be needed for getting into this type of plan. The requirements will work with the intention of making sure that a person will not cheat one’s way into a foreclosure prevention service.
Contact : 1st Foreclosure Prevention
[email protected]
Contact No: 302-358-2610
Fax:302-358-2626
http://www.1stforeclosureprevention.com
Address: 3422 Old Capitol Trail, #1371, Wilmington, Delaware 19808
