Avoiding scams
Dealing with the possibility of foreclosure is already a difficult time. Unfortunately, scam artists often try to take advantage of homeowners. If you are struggling to meet your mortgage commitment or are anxious to sell your home, you must be extra careful.
At Bank of America, help is free
And there is never a fee to get assistance or information about the Home Affordable Modification Program or a HUD-approved housing counselor.
- For information about the Home Affordable Modification Program, please call 800-846-2222.
- For a HUD-approved counselor, visit HUD online or contact HUD’s Office of Fair Housing and Equal Opportunity at 1-800-669-9777.
Recognize and avoid common scams:
Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan.
Beware of anyone who says they can “save” your home if you sign or transfer over the deed to your house.
Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage servicer to forgive your debt.
Never make your mortgage payments to anyone other than your mortgage servicer without their approval.
