Loan Modification

For the last 15 years Consumer Credit and Budget Counseling has been a leading housing counseling agency, currently providing over 10% of all foreclosure counseling and housing grant assistance in the state of New Jersey. We have assisted over 1,000 clients and we are here to help you. We have the experience and talent

Call a Certified Housing Counselor today at:
No Cost Foreclosure Assistance Service

Reduce your total credit card payments by up to 30% to 50%

For Priority Service call 844-900-0637

  • 1 Your Credit Card Bills are rolled into one monthly payment
  • 2 Reduce your interest rates and stop late fees
  • 3 Rebuild your Credit

Foreclosure GrantsHomeSaver Grants

NJ HomeSaver Grant is just one of the second generation Hardest Hit Grants developed for NJ HomeOwners facing foreclosure. HomeSaver provides up to $50,000 assistance:

You may be a good candidate for this program if you are a homeowner who:

- Has severe negative equity*
- Has or will be facing a significantly higher mortgage payment (due to a rate increase)
- Has suffered a financial hardship (such as unemployment or a severe loss of income through no fault of your own) that has caused or will cause you to fall behind on your mortgage payment**
*Severe negative equity is defined as a first mortgage loan-to-value ("LTV") ratio that is 115% or greater.
**You do not need to be presently behind on your mortgage payments to be eligible for the HomeSaver Program.

Call to find out if you are eligible:

Mortgage Delinquency and Foreclosure Prevention Counseling & GRANTS

Is you house "underwater"? (worth less than what you owe)
Did you loose work or hours because of Sandy?
Did you get laid off or collect unemployment?
Has your income been reduced?
Are you having trouble making your mort age payment?

There are grants and programs available to you that can:
- Reduce your mortgage payment!
- Have principal reduced by up to $50,000!
- Eliminate your delinquency!
- Bring you current!
- Eliminate mortgage payments for 6 months!
- Pay your mortgage for up to 18 months!
- Reduce your interest rate!

Call a Certified Housing Counselor today at:

Grants Available

Download the intake forms and grant applications here:

Intake Form:Intake Package

1. Valid Government ID's
2. Two Years of Signed Federal Tax Returns with W-2's 3. Proof of Income:
---- Paystubs (Minimum of 30 days)
---- Profit & Loss (Year to Date and Prior Year) (If Self Employed)
---- Award Letter (SSI, Pension or Disability)
4. Bank Statements – 60 Days (ALL Pages, ALL Accounts)
5. Recent Mortgage Statement

HAMP and In-House Modifications

Consumer Credit has helped over 1,000 applicants avoid Foreclosure at
NO COST to the applicant!
We can help you too

A HAMP modification is a government guided modification that will provide payment relief using three tools:
- Reduce interest rate
- Extend the term up to 40 years
-Defer, without interest, a portion of the principal balance.
Loans have to be backed by Fannie Mae or Freddie Mac to qulaifiy for a HAMP modification.

If you have a non-government loan, many banks offer an in-house modification similar to the HAMP. They may be better or worse than a HAMP modification, because they MAY have more flexibility.

Call a Certified Housing Counselor today at: