Office for People With Developmental Disabilities

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Loan Scam Alert Campaign


OPWDD Office of Home and Community Living is a partner with the National Loan Modification Scam Alert Campaign.

Caution: Beware of Loan Modification Scams

Scam artists across the country are preying on homeowners who are facing foreclosure or seeking a loan modification. Anyone can be a victim – but you don’t have to be.

The red flags include people or companies that:

  • Ask for fees in advance
  • Guarantee they can stop a foreclosure or get your loan modified
  • Tell you to stop paying your mortgage company and pay them instead

For loan modification guidance, please contact the Office of Home and Community Living. You may also report a scam by calling 1-888-995-HOPE or visiting

Top 10 Tips to Help Avoid Foreclosure and Scams

The national Loan Modification Scam Alert campaign has put together 10 tips to help homeowners seeking foreclosure prevention assistance this year:

  1. Contact your lender first as soon as you get concerned about paying your mortgage.
  2. Determine your options by speaking to your lender's loss mitigation department. Include your name and loan number on every page, front and back, that you mail or fax to the lender.
  3. Be patient but persistent with your lender, because getting a loan modification takes time.
  4. Call the Homeowner's HOPE Hotline at 1-888-995-HOPE. Trained counselors are available 24 hours a day to provide assistance in multiple languages.
  5. Connect with a local HUD-approved counseling agency for free
  6. Beware of loan modification scams. Some companies and individuals are out to take advantage of homeowners seeking loan modifications.
  7. Avoid anyone who asks for a fee prior to providing any loan modification service, including companies, individuals and even some lawyers.
  8. Avoid anyone who guarantees to get your loan modified or stop a foreclosure, because nobody has the power to make this promise.
  9. Avoid companies that tell you to stop paying your mortgage and to pay them instead. This is a sure sign of a scam.
  10. Report loan modification or foreclosure scams