This section has information about Foreclosure Prevention in Oklahoma.
Loan Modifications
If you are behind in your mortgage payments, a loan modification can spread the past-due amount out over time. Some modification programs extend the length of the repayment plan so you can make lower payments over a longer period of time.
Mortgage Foreclosure: How to Avoid Losing Your Home
General information about options available to avoid foreclosure and about the foreclosure process.
Mortgage Foreclosure Process in Oklahoma
Read about the mortgage foreclosure timeline in Oklahoma.
Not All Debts are the Same
Setting priorities means making tough choices. BASICS first means shelter, food and clothing. If you have cut your budget down to just but the basics, but still can't afford to pay all your debts-which debts do you pay first?
Principal Reduction Alternative in the Home Affordable Modification Program (HAMP) has IRS Consequences
Borrowers receiving aid under the HAMP–PRA program may report any discharge of indebtedness income either in the year of the permanent modification of the mortgage loan or ratably over the three years in which the mortgage loan principal is reduced on the servicer’s books.
Reverse Mortgages
Information about Reverse Mortgages, a way for Seniors to convert home equity into cash.
Your Path to a More Affordable Mortgage
Video from the federal program Making Home Affordable.
Your To Do List for a Permanent Modification
Video from the federal program Making Home Affordable.
Loan Modifications
If you are behind in your mortgage payments, a loan modification can spread the past-due amount out over time. Some modification programs extend the length of the repayment plan so you can make lower payments over a longer period of time.
Mortgage Foreclosure Process in Oklahoma
Read about the mortgage foreclosure timeline in Oklahoma.
How Can You Avoid Foreclosure Scams (Video)
Video from the federal program Making Home Affordable.
Your Path to a More Affordable Mortgage
Video from the federal program Making Home Affordable.
Your To Do List for a Permanent Modification
Video from the federal program Making Home Affordable.
