Hope for Homeowners: Prevent foreclosure

The best bet for residents struggling to pay their house payment is to seek assistance and be proactive. A program planned at the Sterling Heights Public Library in June can help.
In conjunction with Advantage Realty, Inc and Bell Title Co., the library will be offering an information session on the new HOPE for Homeowners federal program, loan modification, rate modification and short sales Tuesday, Sept. 15 at 6:30 p.m. in the Library Programming Center.
Homeowners should attend even if they think they might be having issues in the near future. The federal HOPE for Homeowners program will refinance mortgages for borrowers who are having difficulties making their payments, but can afford a new loan insured by HUD’s Federal Housing Administration (FHA). Other modifications to the current mortgage can also be the answer. This program is intended to help families keep their homes and avoid foreclosure.
Registration is mandatory. Call (586) 446-2640 or visit www.shpl.net. The Sterling Heights Public Library is located at 40255 Dodge Park Road at Utica Road.