More Help to Avoid Foreclosure in NY

The New York state Atty. General, Schneiderman, has announced a new plan to grant targeted small loans to help families remain current on their mortgages by qualifying for a loan mod they might not otherwise be approved for, thus avoiding foreclosure. The program is called New York State Mortgage Assistance Program (NYMAP). Loans will be for a max of $40,000, and be used to pay off other financial obligations that might be preventing the homeowner from qualifying for a loan mod on his/her mortgage. For more info, contact the NY State Atty. General's office. As always, good luck.