Avoid foreclosure. Get the help you need.

If you are struggling with your mortgage payments or facing foreclosure, you may feel overwhelmed and frustrated. Many homeowners simply don’t know what to do or where to go for assistance, and they feel too helpless to take action.

We understand. Fannie Mae has created KnowYourOptions.com™ to help homeowners just like you. We’ve made it easy to find the information you need, so you can get help before it’s too late.

HOPE NOW is an alliance between counselors, mortgage companies, investors, and other mortgage market participants.  This alliance maximizes outreatch efforts to homeowners in distress to help them stay in their homes and creates a unified, coordinated plan to reach and help as many homeowners as possible.  The members of this alliance recognize, that by working together, they will be more effective than by working independently.  There is no charge for their services.

HUD (Department of Housing & Urban Development) has a program titles Making Home Affordable (www.makinghomeaffordable.gov) that offers modification help for those who are facing unemployment, interest rate increases, or those "upside down" on their devalued homes.

Beware of foreclosure rescue scams.  It is important to learn all you can about your options from reputable sources - Fannie Mae, FHA, HUD or you particular State's online resources.  Paying a "modification specialist" a fee, BEFORE researching your options can cost you more in the long run - and may cost you your home.