Foreclosure Counseling
Facing foreclosure can be scary. If you’re behind on your mortgage or struggling to keep up with your payments, we’re here to help with free, unbiased, confidential services to get things back on track. You have options! Over 50% of our participants that worked with one of our Certified Foreclosure Counselors were able to stay in their home with their current mortgage or were able to modify the mortgage to support future success.
The first step of the process is an initial screening with your counselor to access your situation and they will work with you to develop an appropriate action plan. During the initial screening, you will talk through a few topics that include:
- The foreclosure process in Minnesota
- Your rights and obligations as a homeowner
- Fair housing and scam avoidance
- Working with home-owners associations, foreclosing attorneys, other agencies
Getting Started
To participate in Scott County CDA’s Foreclosure Counseling, please review and sign the forms included in the packet below to the CDA office:
Attn: Homeownership
Scott County CDA
323 Naumkeag St
Shakopee, MN 55379
You may also email or fax this information to us:
cda-info@scottcda.org
fax: 952-496-2852
Once the CDA receives all documents, a counselor will contact you to make an appointment.
Frequently Asked Questions
Included in the download at the bottom of the page is a packet of documents that you’ll need to review and sign, and then provide to the CDA, including:
- Application and Intake Form
- Authorization of Release Information form
- Privacy Act Notice and Tennessen Warning (signed)
- Housing Counseling Program Disclosure (signed)
- Completed Hardship Letter to your lender
- Homeownership Advisory-Client Agreement (signed)
- Two most recent, consecutive months of bank statements for all accounts (all pages)
- Mortgage statement/letters from your lender(s) and foreclosure attorney (if applicable)
- Recent utility bill(s)
Proof of household income for all members should include:
- Last 30 days proof of household income (paystubs, benefit statements)
- Benefit statement/letter if you receive social security, disability, pension, and/or unemployment
- If self-employed, profit and loss statement for the most recent quarter
- Most recent tax returns with all schedules
- Lease agreement if you received rental income
- Divorce decree if you receive child support and/or spousal support
For some clients, the initial action plan and periodic check-ins are all that is needed to resolve the issue. For others, in-depth counseling is required. The counselor will work with you to discuss a timeframe and schedule follow-up appointments as necessary.
Resources
Foreclosure Counseling Flyer
Foreclosure Prevention Application Packet
Foreclosure Counseling FAQ
Related Topics
Mortgage Programs