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If you live in Anne Arundel County and are having trouble paying your mortgage - or foresee having difficulty down the road - you are certainly not alone….but the worst thing you can do is nothing. Please call our office as soon as possible for confidential assistance. One of our professionally trained Housing Financial Advisors will help you determine your best plan of action. Our Housing Financial Advisors are trained in helping you find available resources and in determining how you might qualify for those resources. The Advisor will work with you over the phone and/or set up a time to meet in person to discuss your individual situation and how you can get help. The sooner you call, the more likely we will be able to find help.

Mortgage Foreclosure Warning Signs

Not sure if you are at risk? Here are a few warning signs:

  1. Are you behind on your mortgage payments? Falling behind on mortgage payments for any reason, such as sudden decreases in income due to the loss of a spouse or job; poor financial management which contributes to nonpayment of utility bills resulting in service shutoffs and liens against the property; failure to perform necessary repairs and maintenance which make the property uninhabitable; and second mortgage scams which make impossible demands on the homeowner's limited resources.
  2. Do you owe more than your house is worth? The risk of foreclosure rises when borrowers take out loans in excess of 80 percent of a home's purchase price. Statistics suggest that many homebuyers are stretching their budgets well beyond their means. The risk is that recent buyers have such small amounts of equity in their homes that if prices fall, they could owe more on their mortgage than their homes are worth. Could your home be worth less than what you owe?
  3. Do you have an exotic loan, expecting that your property values will increase? “Exotic mortgage” is a term used to describe any nontraditional mortgage loan, such as any type of adjustable rate mortgage (ARM), balloon payment loan, negative mortgage loan, or an interest only loan. These mortgages are historically risky for both the borrower and the lender and could create a problem when the payments increase, especially in a tough real estate market.
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How do I get help?

Call 410-222-7600 or email as soon as possible to request assistance. You will be asked to complete a brief application (download application here) and return it by fax or mail. In the meantime, you will be connected to a Housing Financial Advisor in order to get started.

Arundel Community Development Services, Inc.
2666 Riva Road, Suite, 210
Annapolis, MD 21401
410-222-7619 (fax)

Frequently Asked Questions

  1. Who is eligible for the Program?
  2. If I am not an Anne Arundel County resident, where can I get help?
  3. Does the Program cost anything?
  4. How is the Program Structured?

1. Who is eligible for the Program?

Anyone is eligible for the Program, as long as you are a homeowner, living in a primary residence in Anne Arundel County. There are no household income limits to participate in the ACDS Foreclosure Prevention Counseling Program. However, certain federal and State resources available to help with your mortgage do have income requirements

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2. If I am not an Anne Arundel County resident, where can I get help?

Click here to see a listing of HUD certified housing counseling agencies by jurisdiction, or call our offices and we will refer you to a counseling program in your area

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3. Does the Program cost anything?

No, the Program is free of charge.

Arundel Community Development Services, Inc. (ACDS) is a nonprofit organization created and supported by Anne Arundel County to provide housing and community development services to County residents. County and federal grant funds support our Counseling Program, which is certified by the U.S. Department of Housing and Urban Development. Do not be a victim of “foreclosure recovery” scams or pay high fees to companies to help you save your home without talking to one of our Advisors first.

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4. How is the Program Structured?

After you are connected with one of our specially trained Housing Financial Advisors, they will ask you to provide information about your loan and your current situation so they can help you plan the best course of action for your situation. In addition to giving a verbal description of your situation and why you are seeking help, you will likely be asked to provide

  • (1) the name of your mortgage lender,
  • (2) the interest rate and term of your existing mortgage,
  • (3) your annual household income and a listing of all of your assets,
  • (4) a listing of all your household expenses, and
  • (5) information on your credit history.

To the extent you can have this information ready when you speak with the Housing Financial Advisor, the quicker they can begin to assist you.

After the Housing Financial Advisor has collected and reviewed all relevant information, they will arrange a phone meeting or an in person meeting to help you put together a “plan of action” to resolve your situation. The plan of action is a strategy tailored to your specific circumstances and goals and will help determine what, if any, special programs for which you might qualify. Finally, the Housing Financial Advisor will help you, where appropriate, to carry out your plan of action, which may include one or more of the following actions and outcomes:

  • negotiating with your lender to work out a payment plan,
  • refinancing,
  • a modification to our existing mortgage,
  • a forbearance agreement,
  • referral to legal services,
  • sell your home and obtain housing that meets your budgeting needs, and/or
  • household budget changes and assistance with credit repair.
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