If you are struggling to make the payments on your mortgage on your home in Florida, you may be tempted by advertisements on television or materials you receive in the mail that promise assistance. Often, these are designed to cheat you out of your money and your home. However, the federal government has set up some programs to help buyers who are at risk of falling behind on their loan payments. It is important for you to be able to tell the difference between these and any fraudulent offers you may have received.
According to the U.S. Department of the Treasury’s Office of the Comptroller of the Currency, people who are perpetuating mortgage modification scams do their best to mimic actual government programs. They may even make the claim to be affiliated with the federal government explicitly. If the materials you are given by a supposed government program require a fee to enroll you in the program, they may be fraud.
It may seem that someone who has information about your case must be legitimate. However, anyone may know about your impending foreclosure. Notifications are published by lenders, and these may be accessed by anyone who is seeking to take advantage of those who are in jeopardy.
The best way to learn your options is to contact your lender. The loss mitigation department can provide you with any opportunities you may qualify for to prevent the loss of your home. This information may be helpful in avoiding mortgage modification scams or identifying valid programs, and there may be other legal options available to you, depending on your situation. This information is for educational purposes only, and should not be taken as legal advice.