Saturday, December 5, 2009

Federal Grants to Assist LoanMod Applicants

Federal Grants Wire is a free resource for federal grants, government grants and loans. Search by subject area.
  • By Federal Agency -- 228 Federal Agencies
  • By Subject Area -- 195 Subject Areas
  • By Applicant Type -- 35 Applicant Types, like individual, anyone, etc.
  • By Assistance Type -- 15 Assistance Types, like project grant, direct payments, etc.
An example:
Housing Counseling Program
This program supports the delivery of a wide variety of housing counseling services to homebuyers, homeowners, low- to moderate-income renters, and the homeless. The primary objectives of the program are to expand homeownership opportunities, improve access to affordable housing and preserve homeownership. Counselors provide guidance and advice to help families and individuals improve their housing conditions and meet the responsibilities of tenancy and homeownership. Counselors also help borrowers avoid inflated appraisals, unreasonably high interest rates, unaffordable repayment terms, and other conditions that can result in a loss of equity, increased debt, default, and eventually foreclosure.