The FAIR Program
Loan Modification
Avoiding Foreclosure
What We Do
FAIR offers access to critical information and professional advice from experts in the real estate services industry. FAIR Counselors are licensed professionals that have specialized knowledge on current options for homeowners who may be behind in mortgage payments and need smart, clear and timely advice.
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There is no cost to you to participate in the FAIR program. All you need to participate is your motivation to make a change in your life. FAIR is subsidized by your lender and there will never be a charge to you for any of our services at any point.
FAIR Counselors help homeowners experiencing hardship with:
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Reviewing Loan Modifications
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Short Sales
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Refinancing
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Postponing Sale Dates
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Deed in Lieu
Your FAIR Counselor will evaluate your current situation, provide you a complimentary loan modification audit, verify the terms of your loan(s) with your lenders with you, review all the options you have available to you, assist with selling your home, and relocating your family, (if necessary). We will give you the tools you need to make the next step and guide you through.
Services
Available
Loan Modification Audit and Prep
In order to avoid foreclosure, your lender may agree to modify all or part of the terms of your loan, but it is equally important that you know about all the processes at work on the lender’s side of your modification request.
A FAIR Counselor can assist you in preparing for your loan modifications including:
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Mortgage Loan Forbearance Agreements
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Term or Interest Rate Adjustment
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Principal Reduction
Life After FAIR
You may not be able to buy a new house tomorrow, but if you want to be a homeowner again in the future, it is possible.
In the meantime, it's a good idea to work on reducing your expenses, increasing your income, improving your credit score and paying down your debt. Our team is here to help!
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Financial Assessment
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Relocation Assistance
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Budgeting and Planning
Real Estate Division
When all other options have been exhausted, our Real Estate Division will help you list your home and figure out your financial future. Finding suitable and comparable housing and getting you through stifling debt is our promise to you through:
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Short Sales
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Equity Sales
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Relocation Assistance
Relocation Assistance
The FAIR Program assists homeowners who are ready to transition and relocate with qualifying and obtaining up to $10,000 for relocation assistance. Whether you qualify or not, our Relocation Coordinator will work with you to find you a new place to call home!
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Home Budget Planning
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Dream House Consult
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Letter of Recommendation
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Housing Search
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Application Preparation
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Property Showings
Life After FAIR
Research suggests that homeowners would benefit greatly from working with a housing counselor AFTER being granted a loan modification. An independent study by the Urban Institute found that counseled borrowers were 67 percent more likely to be current on their mortgage payments nine months after a modification than non-counseled borrowers.
Part of a borrower’s success in keeping up with their monthly payments after a modification hinges on their ability to manage all of their expenses, including non-mortgage related finances.
Don't Lose Your Home Trying To Save Your Home
The FAIR Counselors have helped homeowners assess their entire financial picture after securing a modification, and develop a realistic budget and personalized debt reduction plan for all of their obligations. This type of assistance is called Post Modification Counseling and consists of a homeowner engaging with a housing coach over a period of 6 months to ensure their entire financial situation has been addressed.
Our unbiased guidance is of the utmost importance in helping homeowners remain current on their modified loans, and better prepares borrowers for long-term financial success.
A LOAN MOD DENIAL IS NOT THE END...IT'S THE BEGINNING!
If your loan modification has been denied, be assured: you're not the first person to experience denial, and you certainly won't be the last. After denial, your next step depends on the reason why you were denied, and where your home is in the foreclosure process. Your FAIR Counselor can explain everything to you, and make sure you are set up for success and know what your next steps should be.
Relocation Assistance
Most people associate moving with stress, but it doesn't have to be that way! We strive to take the stress of moving into a new home away. Preparation and careful planning can not only ward off the stress, but also save you money.
The FAIR Program assists homeowners who are ready to transition and relocate with qualifying and obtaining up to $10,000 for relocation assistance. Whether you qualify or not, our Relocation Coordinator will work with you to find you a new place to call home!
We also have access to professional packing, moving, cleaning, and even decorating companies that we can call on for help on your behalf, to make the relocation process as simple as possible for you.
As a FAIR Program participant, you will enjoy the VIP treatment!
Services
Available
Loan Modification Audit and Prep
In order to avoid foreclosure, your lender may agree to modify all or part of the terms of your loan, but it is equally important that you know about all the processes at work on the lender’s side of your modification request.
A FAIR Counselor can assist you in preparing for your loan modifications including:
​
-
Mortgage Loan Forbearance Agreements
-
Term or Interest Rate Adjustment
-
Principal Reduction
Life After FAIR
You may not be able to buy a new house tomorrow, but if you want to be a homeowner again in the future, it is possible.
In the meantime, it's a good idea to work on reducing your expenses, increasing your income, improving your credit score and paying down your debt. Our team is here to help!
-
Financial Assessment
-
Relocation Assistance
-
Budgeting and Planning
Real Estate Division
When all other options have been exhausted, our Real Estate Division will help you list your home and figure out your financial future. Finding suitable and comparable housing and getting you through stifling debt is our promise to you through:
-
Short Sales
-
Equity Sales
-
Relocation Assistance
Relocation Assistance
The FAIR Program assists homeowners who are ready to transition and relocate with qualifying and obtaining up to $10,000 for relocation assistance. Whether you qualify or not, our Relocation Coordinator will work with you to find you a new place to call home!
-
Home Budget Planning
-
Dream House Consult
-
Letter of Recommendation
-
Housing Search
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Application Preparation
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Property Showings
Home Budget Planning
A good budget helps you reach your savings and spending goals. By identifying your sources of income and projected expenses, we are able to help you assess your financial situation and prepare for your new life after the FAIR Program.
Dream Home Consult
Finding an affordable, appropriate, and safe place to live can be a challenge. Many urban areas lack enough affordable housing to meet the demand. We work closely with you to determine your exact needs for your next dream home - whether it be temporary of permanent.
Letter of Recommendation
After we have assessed your finances and your credit, we will work with you to build your application packet to present to landlords which includes a Letter of Recommendation from the FAIR Program Director, and your FAIR Counselor. We will vouch for you!
Housing Search
After we determine your needs and wants, we conduct a housing search throughout Southern California to find a new place for you to call home. As needed, we will help you negotiate with property managers, and submit applications for the properties that interest you.
Application Preparation
It is our goal to set you up for success. Therefore, we assist you in reading and understanding your credit report, preparing an application for rent, gathering all the necessary documentation, making photocopies, and making sure you have all that you need to complete applications for rentals.
Property Showings
Once you have found properties you would like to visit, we can make the arrangements for you to visit on your own, and accompany you upon your request. We want to make sure you have all the tools you need to find a place to call home, and get all your questions answered.
RELOCATION NEEDS ASSESSMENT
Please fill out the information below, and our Relocation Coordinator will be in touch to discuss your personalized needs.