Are there any government programs available to help me prevent foreclosure?

Yes, there are government programs available in Florida to help individuals prevent foreclosure. The Florida Hardest-Hit Program (HHF) is an initiative designed to provide temporary assistance to struggling homeowners. Funds are available to eligible applicants who meet program guidelines. The program provides up to 12 months of mortgage payments, with a maximum of $24,000 in assistance. Another program is the Florida Foreclosure Prevention Initiatives (FPI). FPI is offered through the Florida Housing Finance Corporation and provides grants to homeowners in need of assistance to make mortgage payments, alter the terms of their mortgage, modify their loan, or avoid foreclosure altogether. The program provides a maximum of $50,000 in assistance. The Federal Homeowners Assistance Program (FHAP) is a nationwide program that can help homeowners who are at risk of foreclosure. FHAP can help to reduce the principal balance of a loan, or provide additional loan modifications or other assistance. Finally, the Making Home Affordable Program (MHA) is a government program that helps homeowners with modified payment plans or reduced loan balances. The program may provide up to $50,000 in assistance toward the principal balance of a loan. For more information about programs available in Florida, contact the appropriate offices and seek assistance. With the right combination of resources and persistence, it is possible to successfully avoid foreclosure.

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