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Mortgage Foreclosure - Homeowners

Foreclosure Home || Renters Info


It is almost impossible to read the paper or watch the news without some mention of the looming increase in residential foreclosures. For most homeowners, foreclosure is not a likely outcome of homeownership. However, unpredictable and unplanned circumstances may arise that can place your home in financial jeopardy. Money management, job loss, a cut in pay or other income reduction, and family health problems are the primary reasons a mortgage may go into default.

Do you have an adjustable rate mortgage or have your payments increased to a level you can’t afford? If you find you are having difficulty meeting your homeownership obligations such as mortgage, taxes, association dues, etc., we encourage you to notify your lender early on. Your lender may be willing to create a payment plan or change the terms of your existing loan so it is more affordable.

Do not wait until you have fallen behind on your mortgage before asking for help. Your lender will be more likely to work with you if you contact them before you start missing payments. They may be willing to create a payment plan or change the terms of your existing loan so it is more affordable.

If you are already behind on your mortgage or missed one or more payments, SEEK HELP IMMEDIATELY. The longer you wait, the less options you have available to you to avoid foreclosure. If you can see that you might have difficulty in the near future, even if you are current with all your housing expenses right now, don’t wait, contact someone now! Accommodations may be made, especially if the situation appears temporary.

Help for Homeowners


The organizations listed below can provide trusted referrals, and in some cases, financial assistance to families facing foreclosure. Counselors familiar with the lending community will help analyze your situation, identify options for preventing foreclosure and help you develop a plan to get back on track.

Minnesota Home Ownership Center
1000 Payne Avenue, Suite 200
St. Paul, MN  55130
(651) 659-9336

Lutheran Social Services (suburban residents)
LSS Financial Counseling
424 W. Superior St., Suite 600
Duluth, MN 55802

Note: The Duluth office does the intake process and then client's are referred to the appropriate local counselors in the client's city or county.

City of St. Paul - Foreclosure Prevention Program 12th Floor (St. Paul Residents)
City Hall Annex
25 W. 4th St.
St. Paul, MN, 55102
(651) 266-6626

Minnesota Housing Finance Agency
400 Sibley St., Suite 300
St. Paul, MN  55101-1998
(651) 296-7608 or 1-800-657-3769 General information

Children’s Home Society and Family Services Foreclosure Program
1711 W. County Rd. B
Suite 200 S
Roseville, MN  55113
(651) 222-0311 

ACORN Housing
757 Raymond Ave., Suite 200
St. Paul, MN  55114
(651) 203-0008

BEWARE: Scam artists offer to “rescue” homeowners from foreclosure by “paying your mortgage.” In reality, they are looking for a quick profit as they evict you and your family, pocket mortgage payments meant for the lender and sell your home on the open market. Anyone can become a victim.

Contact the Minnesota Home Ownership Center for more information about foreclosure counseling.