Neighbor News
Free event April 5 in Antioch to help Brentwood homeowners with mortgage problems, as much as $100,000 available per family
Wells Fargo, BALANCE and Keep Your Home California to hold free mortgage-assistance event April 5 in Antioch
Keep Your Home California, a free mortgage-assistance program, has helped almost 161 hard-hit homeowners with their mortgage payments in Brentwood during the past six years – and hundreds more could be helped.
So, Keep Your Home California is teaming up with BALANCE (formerly Consumer Credit Counseling Service of San Francisco) and Wells Fargo to hold a first-of-its-kind event to assist homeowners facing difficulties making their mortgage payments and detail their options.
The free event – open to all homeowners with mortgage challenges in the Bay Area, regardless of their mortgage servicer – is 9 a.m. to 5 p.m. Wednesday, April 5, at the Wells Fargo branch at 2601 Somersville Road in Antioch. It’s the first time Wells Fargo has held a mortgage assistance event in a branch office.
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The Home Preservation Workshop allows customers with mortgages to learn about their options to overcome payment challenges, keep their home and avoid foreclosure, and get back on track with their payments.
Keep Your Home California – a federally funded, state-managed program – is a popular option, with $4.7 million issued to Antioch homeowners.
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Keep Your Home California has five programs, with as much as $100,000 available to each homeowner – all for free.
Homeowners must have a hardship – such as a job loss, cut in pay, divorce, extraordinary medical expenses – and meet county-by-county income limits ($112,320 in Contra Costa County) to be eligible for Keep Your Home California. In addition, their mortgage servicer, the company that collects the monthly payment, must participate in the program. About 260 servicers, including Wells Fargo and Bank of America, are enrolled in Keep Your Home California.
You can learn more about Keep Your Home California and its programs at www.KeepYourHomeCalifornia.org.
Homeowners can learn more about the event by picking up a flier at any Wells Fargo branch office in the Bay Area. Homeowners are strongly encouraged to register by Monday, April 3, at wellsfargo.com/attend or calling 1-866-790-3276.
Walk-ins, especially those from other mortgage servicers, are welcome.