Are you, or is anyone you know, struggling to find a way to stay in your/their home here in Southern Oregon? HOPE is arriving for struggling Southern Oregon homeowners who may have been attempting to refinance under the Home Affordable Refinance Program only to find out they needed to be under the Home Affordable Modification Program because they did not qualify.

Bank of America, Wells Fargo and Chase will all be here in Medford Oregon to talk to homeowners who have existing loans with these three banks and may have been caught in phone system hell trying to work their way through to find out how they may save their homes from foreclosure after suffering a job loss, decreased hours/pay, a resetting adjustable or interest only loan, or have credit scores or property value too low to qualify for a refinance. This event is for home owners living in their homes – not investors.

It can be a scary world out there, and trying to get to the right source of information is important.  Most of the help out there that Homeowners need is offered FOR FREE. Heard about scammers? Or, companies that jumped from a floundering mortgage industry over to do Loan Modifications – for $3,000+? Been told you could refinance, only to be turned down after all?

Come find out what legitimate options are available to you by attending one of the workshops at this free Home Ownership Preservation Event on Saturday October 17, 2009 from 9a.m. to 4 p.m. held at the new SOU/RCC Higher Education Center located in downtown Medford at 101 South Bartlett (between Central and Riverside at the corner of 8^th Street near the Medford Library).

If you haven’t already scheduled an appointment, it’s okay – walk-ins are welcome! Try to get there early if you can, though, and make sure you bring the following documentation with you for anyone on your loan if you would like to speak to one of the Loss Mitigation representatives that will be there representing Bank of America/Chase/Wells Fargo:

• Copies of your most recent mortgage statement(s) received
• Copies of all recent correspondence you have received on your mortgage
• Closing statement and copies of your loan documents for your mortgage(s)
• A recent credit report (you may get this once a year for free from each credit bureau by going to www.annualcreditreport.com )
• Copies of your income documentation (paycheck stubs for the past 60 days, 2 years W-2s & 1040 tax returns, award letters for social security/pension/retirement benefits with 3 months bank statements verifying these deposits, unemployment benefits award letter/checks)
• Copy of your driver’s license(s) and social security cards
• A monthly Budget Worksheet, such as THIS ONE

The more of this documentation you have with you, the better your chances of having one of these bank representatives be able to give you an answer on the spot. If you can’t bring this with you, come anyway! You may still get valuable information at this event AND an appointment will be made for you to come to the next Default/Foreclosure Prevention meeting held monthly at ACCESS Inc. with a one-on-one conference scheduled once you learn about the available options and have the documentation needed for the HUD approved housing counselors to determine how they may help you.

HOPE…it’s a Good Thing!

FOR MORE INFORMATION, CONTACT ACCESS, INC. AT 541-774-4305 OR GO TO WWW.ACCESS-INC.ORG

See you out there!