Keep-home options come first
Many homeowners can explore repayment plans, loan modifications or assistance programs. Philadelphia homeowners can call Save Your Home Philly at (215) 334-4663. PHFA's foreclosure and HEMAP line is 1-800-342-2397. HEMAP is a repayable loan with eligibility rules, not a grant.
The stages, in plain language
Early on, the lender may send notices about missed payments. In Pennsylvania some loans require an Act 91 notice, which explains counseling and HEMAP; it does not apply to every loan. A complaint means a court case has started. A scheduled sale means the sheriff has listed the property, and dates can change.
Mortgage, tax and other judgment sales differ
A sheriff sale after a mortgage foreclosure is not the same as a tax sale, and other judgments can also lead to a sale. Rules about notice, timing and any surplus differ. Find out which kind applies before acting.
Where selling fits
Some owners decide a sale makes more sense than keeping the property. That decision is easier with a counselor's input. If you discuss a sale with us, any proposal must disclose the buyer, role, terms and compensation in writing.
What we will never do
We will not suggest letting a foreclosure proceed, promise to stop it, offer credit repair, or claim affiliation with a court, HUD or PHFA.
Before your first counseling call
- Most recent mortgage statement
- Any notice or court papers you received
- Proof of income for the household
- A list of monthly expenses
- Questions about what you want to happen
