Montebello Housing Development Corporation Offers Free Home Rescue/resourse Fair

EL MONTE, Calif. - May 8, 2014 - PRLog -- El Monte, CA – Mayor Andre Quintero with the El Monte City Council in collaboration with Montebello Housing Development Corporation {MHDC} will host a FREE Home Rescue Fair to help provide free information, tools and resources for El Monte and surrounding city homeowners struggling with their mortgage payment to understand their current mortgage situation.

Professional Home Mortgage Lenders from Citibank, Fannie Mae, Wells Fargo Home Mortgage, Chase and Bank of America have been invited to be on hand to assist and answer questions. Bi-lingual counselors will be on hand to assist homeowners as well. Meet Home Mortgage lenders, industry experts and attorneys. Workshops will also be available throughout the event in English and Spanish. Know your Foreclosure Options and how to safeguard against fraud.

If you are facing foreclosure or know someone who is, please attend this informative Home Rescue Fair. This may be the first step towards saving your home.

Robert Monzon, MHDC Executive Director, said “Homeowners will be offered free financial counseling; alternative resources and information from housing counselors, industry experts and attorneys available to assist families.”

“Whether it is out of fear, anxiety, or shame, many homeowners facing foreclosure do nothing until it’s too late,” said Monzon. “Our goal is to get distressed homeowners to face their situation head on, as hard as that might be, and to provide a path to anyone seeking a resolution to their financial problems.”

The event will be held 10 a.m. to 2 p.m., Saturday, May 10th at the El Monte Crippen Senior Center Center at 3120 Tyler Avenue, El Monte, CA 91731. Free parking is available!

Recent media and industry reports indicate the housing market is slowly rebounding.  However, with many homes still falling into foreclosure, California’s foreclosure rate remains one of the highest in the nation with thousands of homeowners in pre-foreclosure or bank-owned homes.

Montebello Housing Development Corporation is a non-profit organization geared to help community home owners who need assistance with foreclosure. Montebello Housing Development Corporation can be contacted at 323 722-3955 for further information and you can register on line at www.mhdcca.org.

PLEASE BRING ONE COPY OF THE FOLLOWING DOCUMENTS TO BETTER ASSIST YOU:


_____ Copies of paycheck stubs for all applicants for the last 30 days

_____ Copies of 2012 and 2013 Filed Federal Income Tax Returns with W-2s (if filed)

_____ Verification of household (Valid Identification) – ID for all household members over age 18

_____ Copies of past two (2) months bank statements (all pages)

_____ Copies of Current mortgage statement(s)

_____ Copies of Current Loan Documents (if available)

_____ Copies of Correspondence from Mortgage Company

_____ Copies of Property Taxes and Insurance Statements

_____ Copies of most recent Utility bills with your name and address and all other household bills

_____ Hardship Letter (signed and dated)


WHAT: FREE Home Rescue Fair

WHO: Available for interviews:

Robert Monzon, President, MHDC, Host of Home Rescue Fair (Bilingual)

Vera Morales, MHDC Housing Counselor (Bilingual)

Conchita Bañuelos, MHDC Home Preservation Counselor (Bilingual)

WHEN: Saturday, May 10, 2014, 10:00 a.m. to 2:00 p.m.

WHERE:        Jack Crippen Multipurpose Senior Center, 3120 Tyler Avenue, El Monte, CA 91731

INFO: (323) 722-3955 cbanuelos@mhdcca.org www.mhdcca.org