NEW MEXICO (KRQE) – New Mexico homeowners facing financial difficulties with their mortgage payments are eligible for free assistance from the state. The state hopes this assistance will help prevent foreclosures.
In partnership with United South Broadway Corporation (USBC), eligible homeowners can access HUD-certified Housing Counseling and legal services to navigate their foreclosure options, including loan modifications, mediation, and loan reinstatement. This program provides expert assistance to help homeowners stay in their homes and regain financial stability.
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“While we work hard to help New Mexicans buy their first homes, it’s equally important that we help them avoid foreclosure,” Daniel Werwath, director of the Office of Housing for Gov. Michelle Lujan Grisham, said in a news release. “Homeownership is the single biggest source of wealth for most New Mexico families, and we want to ensure that their investment is protected for the long-term.”…