Southwest Economic Solutions
Foreclosure Intervention Counseling

The foreclosure intervention counseling provided by Southwest Economic Solutions is recognized as the leading program of its kind in the Detroit area because of its effectiveness in helping homeowners avoid foreclosure and keep their homes. We are often the last hope for families in foreclosure. Our professional, bilingual and HUD-certified counselors work with homeowners and lenders to renegotiate mortgages into more manageable rates, fees and terms. These arrangements are good for homeowners, good for lenders, and good for neighborhoods because they preserve equity and property values.

 


Services:

Our foreclosure prevention counseling services are available to low and moderate income homeowners. The services are free. Our counselors are HUD-certified and bilingual, and experts on the loan products and relief programs available to homeowners.

We serve homeowners throughout the metro Detroit and tri-county area.

We can often help you keep your home. But even when Southwest Economic Solutions cannot prevent the foreclosure, our counselors can assist you in many other ways, including helping you to find affordable housing and build a better financial future.

Southwest Economic Solutions is located at 3627 Vernor Highway, Detroit, MI 48216. To learn more or schedule an appointment, call us at 313.841.9641 or email us.

 

 

 


  
   Results



  • Provided foreclosure intervention counseling to 864 families in 2012 and kept 569 in their homes; the 66% success rate far exceeds national average
  • The Skillman Foundation calls our services “by far, the best and most effective foreclosure prevention program”
  • Participated in Freddie Mac’s national Borrower Help Network and partnered with Fannie Mae to provide expert foreclosure counseling to its distressed borrowers in Michigan
  • Research from NeighborWorks America shows that homeowners who receive credit counseling are 60 percent more likely to avoid foreclosure than those who are not counseled
  • 40% of those we counsel for foreclosure are also referred to our Center for Working Families
  • Good, affordable housing available for families whose mortgages cannot be renegotiated

With the generous support of leading foundations and government grants, and working in partnership with other community organizations, we have expanded our program to serve all areas in and around the city. If you are in danger of losing your home, we encourage you to call us early in the foreclosure process. We can help.

 

Southwest Economic Solutions
 

Foreclosure Intervention Counseling

Homebuyer Education

Center for Working Families

Detroit GreenWorks Solutions

ProsperUS Detroit

Adult Learning Lab

HVRP

ehome America homebuyer ed

Ehome Money financial training

Earn and Learn

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