Homeowners in South Los Angeles who are struggling with their mortgages or being threatened with foreclosure can seek help this weekend at the Los Angeles Convention Center.
The Neighborhood Assistance Corporation of America’s American Dream Tour will be in Los Angeles from Thursday through Monday and all services are completely free.
NACA experts are offering same-day solutions for those hoping to reduce their monthly payments by helping them negotiate with their lenders. They take into consideration budget, income and hardships as well as previous loan information to create modified mortgages.
Those looking to buy homes can sign up for the corporation’s own mortgage plan that touts no downpayment and a 30-year fixed interest rate.
Walk-ins are welcome, but NACA urges people to register online to give lenders time to prepare their file and speedup the day-of process.
You can also visit the registration page to find a list of necessary documents to bring to the workshop.