Twin Cities Habitat for Humanity's Mortgage Foreclosure Prevention Program (MFPP) helps Minneapolis homeowners at risk of losing their home to foreclosure. The program provides counseling, advocacy, and referrals free of charge to families who have fallen behind in their mortgage payments, tax payments or homeowner association dues.Apply for help
When a payment is missed this process begins
Sheriff’s Sale scheduled by the attorney
Redemption period follows the Sheriff’s Sale
Here are the “workout” options your lender may offer
Pre‐Foreclosure Sale or Short Sale: If you owe more on the home than its value, your lender may agree to accept less than what is owed on the mortgage, allowing a “short” sale. Typically you would need a 3‐6 month period for your real estate agent to sell the house to a qualified buyer at a price agreed upon by the lender.
Deed‐in‐lieu: A deed‐in-lieu of foreclosure is an option where your lender forgives the debt you owe if you sign over (give back) the property. Typically you would first have to try to sell the home for 90 days before the lender would consider this. If you have a second mortgage or judgment on the property, a deed‐in‐lieu may not be an option.
You’ll work directly with a Mortgage Foreclosure Prevention Counselor
Other things to consider
Our two offices
Twin Cities Habitat for Humanity Mortgage Foreclosure Prevention Program
Twin Cities Habitat for Humanity strives to do the most good with every single dollar entrusted to us. Rest assured that a gift to support our mission creates an immediate and significant impact for the families and communities we partner with.
Every $1 you donate results in almost $2 of economic activity in our community.