espite its many benefits, homeownership is not without its financial risks, whether you are a current homeowner needing assistance, or looking to purchase a home in the future. It is critical to set realistic goals with careful planning and have a clear understanding of the costs involved. Studies show there are benefits towards receiving housing counseling..
ith the assistance of an NCCB housing counselor 69 percent of homeowners obtained a mortgage remedy, and 56 percent were able to become current on their mortgage. Housing counseling can also help you prevent foreclosure, avoid predatory lenders, and find a loan modification cure to reduce your monthly mortgage payment. NCCB housing counselors are experienced, they know the process and pitfalls.