995Hope Blog

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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.  Many households are looking to prepare their next steps once temporary forbearance programs come to an end. As defined in our financial glossary, forbearance is a process when a lender agrees to a lower payment or no […]

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Facts to Know About Reverse Mortgages

For seniors who need income in retirement, or for those facing unexpected changes in finances, a reverse mortgage might seem like the way to go. TV, radio and internet advertisements stress the attractiveness of reverse mortgages, promoted as a handy way to use home equity to free up funds. Retirees might be tempted to tap into the […]

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3 Reasons to Seek Guidance from HUD-Certified Housing Counselors

When it comes to figuring out challenges with housing finances, it’s easier to make healthy financial choices when you have strong options at your fingertips. Now more than ever, it’s important to seek guidance from knowledgeable, caring experts such as our HUD-certified housing counselors. The U.S. Department of Housing and Urban Development (HUD) sponsors housing counseling agencies, […]