I'm a renter
When you think about buying a home, many questions will come to mind. Do I really need to buy a home? Is my income going to grow? Will I stay in a home long enough to benefit from the purchase? Have I got enough money saved? Am I ready for the responsibility? Buying a home is a major financial move so before you decide to buy, carefully consider the pros and cons of homeownership.
I'm a homebuyer
Buying a house is the largest financial investment you will probably make, so you want to make sure you’ve done your homework and are prepared to take that next step. Homeownership has changed and every homebuyer needs to know the new rules. Whether you are looking for a first home or getting back into the market, today’s homebuyers have to be more prepared and armed with information.
I'm a homeowner
Whether it’s your first house or your fifth, it’s also a big commitment. After you’ve closed on your new home is when the responsibilities of homeownership reality kicks in. You own a home! We want you to succeed in homeownership and we know that can only occur when all your financial obligations are in order. Our goal is ensure that you are in a healthy financial position for the long term.
Important Information About Housing Counseling
The Homeownership Preservation Foundation and its affiliates are not loan companies, or real estate brokers/agents, and do not guarantee any specific results or outcomes. We cannot guarantee that you will be able to refinance your home or arrange to keep your home.
The information presented in your housing counseling session and in any follow-up communications is based on information you provided and other factors. We do not guarantee the applicability, accuracy, availability, or your eligibility for any product, service or program mentioned.
Housing counseling is not a substitute for legal advice from a licensed attorney, or tax and financial advice from an accountant. If you want help understanding how the law applies to your particular circumstances and what is best financially for you and your family, you should consult a qualified attorney or accountant.
Not all homeowners qualify for refinancing or mortgage loan modifications. Any decision to refinance your home or modify your mortgage will be made by your lender or servicer and will vary depending on your your individual situation. Please consult with the servicer of your loan as they will determine your eligibility and render any decisions on programs for which you may qualify.
Any new mortgage or loan modification is not a guarantee against foreclosure if you fail to meet the terms of your new or modified mortgage.
Certain credit reporting and tax consequences may result if any portion of your mortgage debt is forgiven. You should consult your tax advisor.
For information on foreclosure scams, please visit our section on avoiding scams.