Atlanta Man Saves $350/Month on Mortgage

Atlanta Man Saves $350/Month on Mortgage, thanks to the Urban League

Who could imagine that in a little over one month a client could save $348 a month on his mortgage?

Donald Harris, a 48 year old African -American male, was current on his mortgage until he lost his job of 8 years in 2016. He depleted all of his savings to prevent foreclosure until he secured another job in May 2017 making only half of what he used to make. He struggled to make mortgage payments with his new job, and eventually became delinquent.

As Mr. Harris was nearing his 2nd month of delinquency, he went to the HUD website to identify his options and found the Urban League of Greater Atlanta. In his December 2017 appointment, our assessment indicated that Mr. Harris could manage a loan modification, and helped him apply for one with the servicer. The counselor and the servicer interacted 8 times to address additional information needed. On January 22, 2018, Mr. Harris was approved for a loan modification from $1,797 to $1,449. In an email receive from Mr. Harris, he said "I appreciate the professionalism, knowledge, and wisdom I received from you during the loan modification. The expert counseling exceeded my expectations and your attention was superior." We are committed to making a difference in the lives of the homeowners who reach out to the Urban League for assistance.

If you or anyone you know needs help saving their home, contact a local Urban League near you!