This package provides many different tools for a homeowner to prevent foreclosure of a home. The forms cover various means to obtain assistance at all stages of the foreclosure process. Purchase of this package is a savings of 63% over purchase of the forms individually! Included in this package are the following forms:
1. Letter to Lender for Produce the Note Request
2. Offer by Borrower of Deed in Lieu of Foreclosure
3. Motion to Dismiss Foreclosure Action and Notice of Motion
4. Petition or Complaint to Enjoin Nonjudicial Foreclosure Sale and for Declaratory Relief
5. Petition to Enjoin Foreclosure Sale and Seeking Ascertainment of Amount Owed on Note and Deed of Trust
6. Qualified Written RESPA Request to Dispute or Validate Debt
7. Request to Lender or Loan Servicer for Loan Modification Due to Financial Hardship - Requesting Change to Fixed Rate of Interest of Adjustable Rate
8. Hardship Letter to Mortgagor or Lender to Prevent Foreclosure
9. Sample Letter for Short Sale Request to Lender
10. MHA Request for Short Sale
The Iowa Home Foreclosure Prevention Package is a comprehensive program designed to assist homeowners in Iowa who are at risk of foreclosure. It provides various resources, assistance, and options to help borrowers stay in their homes and avoid foreclosure. One type of Iowa Home Foreclosure Prevention Package is the Loan Modification Program. This program allows eligible homeowners to modify the terms of their existing mortgage loans to make them more affordable. It may include reducing the interest rate, extending the loan term, or adjusting the repayment terms. Another type is the Mortgage Payment Assistance Program. This program offers temporary financial assistance to homeowners who are struggling to make their mortgage payments due to temporary financial hardships such as a job loss or medical emergency. It provides short-term relief by covering a portion of the borrower's monthly mortgage payment. The Iowa Home Foreclosure Prevention Package also includes the Principal Reduction Program. Under this program, eligible homeowners may receive a reduction in the principal balance of their mortgage loan, thus making it more manageable and affordable in the long term. Furthermore, the Iowa Home Foreclosure Prevention Package provides homeowners with access to foreclosure counseling services. These services offer professional guidance and support to borrowers, helping them navigate the complexities of the foreclosure process, understand their options, and develop a personalized plan to avoid foreclosure. Overall, the Iowa Home Foreclosure Prevention Package aims to offer a range of assistance programs tailored to homeowners' specific needs and circumstances. By combining loan modification, mortgage payment assistance, principal reduction, and counseling services, this comprehensive package seeks to protect Iowa homeowners from the devastating consequences of foreclosure.
