Homeowners line up for mortgage help

June 17, 2011 7:35:23 AM PDT
Homeowners and hundreds of others are hoping for help with an unaffordable mortgage.

Doors will open Friday morning for the event that takes place at the San Jose Convention Center. The Neighborhood Assistance Corporation of America, or NACA, is hosting the "Save The Dream" workshop. Representatives from several major lenders will be on hand. The idea is to help homeowners lower their monthly payments.

"But it's not for people who are just in foreclosure. It's for people who have an unaffordable mortgage. So, if you're late, if you're current or if you think things are going to get tough in a short while, then you should come down here and help save your home," said Darren Duarte from the Neighborhood Assistance Corporation.

Chase Bank is holding a similar event for its customers who need mortgage help and that's at the Santa Clara Marriott.

You'll find information on the hours and what documents you need to bring for both events on their websites.

NACA free foreclosure prevention workshop
NACA's Save The Dream Tour
San Jose Convention Center, South Hall
435 Market Street
San Jose, CA 95113
Friday, June 17 -Wednesday June 22, 2011, 8 a.m. to 8 p.m.
NACA has legally binding contracts with all of the major lender/servicers, including Fannie Mae and Freddie Mac to make mortgages affordable. And all NACA services are FREE.
The program is open to owner/occupants and non-investors.
Visit the website or call 1-888-499-6222 to sign-up

Loan modification program by Chase Bank
Santa Clara Marriott, California Ballroom
2700 Mission College Blvd.
Santa Clara, CA 95054
Thursday, June 16 - Sunday, June 19, 2011, 8 a.m. to 8 p.m.
For: Initial counseling for homeowners applying for a mortgage modification, counseling for customers who are current on their mortgage but are struggling, short-sale assistance for customers who cannot afford their home or don't want to stay in it.
Chase's Home Loan counselors will assist borrowers with a Chase, EMC or WaMu serviced mortgage.

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