995Hope Blog

995Hope Reverse Mortgage

Common Questions about Reverse Mortgages

A reverse mortgages is available to homeowners age 62 and older to borrow against their home’s equity without having to make monthly mortgage payments.

995Hope Renters

Can’t Pay Your Rent? Explore Rental Assistance and Housing Counseling Resources

Rental Assistance Resources It can be a confusing time now that COVID rental protections have ended.  While 995 HOPE does not directly administer rental assistance programs or offer financial support to renters, we suggest people use the following resources to research rental assistance options.  Find rental assistance programs in your state. https://www.hud.gov/states  U.S. Treasury directory [...]
995Hope Housing Relief

How to Get on Solid Ground after Housing Relief Ends

If it feels like mortgage and renter’s relief extensions are a “moving target” it’s because that’s the reality we’ve been experiencing for a year and a half. COVID-era programs have been ongoing to help consumers with rental relief through the Emergency Rental Assistance and now homeowners via the Homeowner Assistance Funds, as well as forbearance/and [...]
Loan Modification

What to Know about Loan Modification

An estimated 2.2 million homeowners holding 4.47% of the nation's mortgage loans are currently in forbearance, according to data from the Mortgage Bankers Association.  While most lenders and loan servicers have been willing to work with homeowners during the pandemic, the latest announcements show that relief protections are set to end at the end of July 2021.   With [...]
Small toy home and 3D-printed question mark sat on a desk side-by-side

Taking the Next Step after Forbearance Ends

People relying on COVID related forbearance relief are watching what programs will be extended as we navigate the ongoing pandemic. 

Homeowners & Renter Relief

Looking Ahead as Homeowners & Renter Relief Expires – Get Trusted Guidance for Your Options

COVID-era mortgage forbearance relief and renter protection programs are set to end in the upcoming months. Even if the federal government extends the relief programs, it’s key to understand how to get back on track with your monthly mortgage or rent payments. Depending on how challenging the financial situation, it can be confusing to understand [...]
995Hope Housing Experts

Ask the Experts: Experienced Housing Counselors Help You Understand Your Options

Sometimes financial challenges may lead to falling behind on your monthly mortgage or rent. While it can be confusing to understand your options, remember you are not alone. 

Guidance from the Experts: 995Hope Counselors Help You Stay in Your Home

A place to call home is essential in life.  But sometimes financial challenges may lead to falling behind on monthly mortgage or rent.    You are not alone.    Waiting to Talk to You are Experienced, HUD-Certified 995Hope Counselors:  Greg Nelson, an experienced professional with seven years of experience. Who works out of 995Hope’s Las Vegas, Nevada location.   Paul Flynn, […]

Do you qualify for pandemic-related mortgage relief?

A MarketWatch article shares insights from 995Hope’s parent organization, the national nonprofit GreenPath Financial Wellness.   A recent article looks at the options for those struggling with mortgage who don’t think they qualify for pandemic-related payment relief. The advice? Don’t despair. As a start, take steps to get back on track.  First, pin down who owns your mortgage.   [...]

Forbearance Options Webinar

Forbearance Options and Resources for Helping Borrowers with Federally Backed Mortgages: Webinar and Discussion with CFPB, FHFA, HUD, USDA, and VA Date: Monday, March 22, 2021 Time: 2:00 – 4:00 p.m. EDT Staff from the CFPB Office of Mortgage Markets will review the various forbearance materials available  to help consumers navigate the forbearance process as […]