A workshop will be held in Bakersfield on Saturday, aimed at trying to help people with delinquent mortgages.
Representatives from Bank of America, Chase Bank, and Kern Schools Credit Union will have representatives on site to help you sort through the options. Some could save your home or get you money to help you move.
Consumer Credit Counseling Service of Kern and Tulare counties has free help for people who are behind on their mortgages.
"Tomorrow we have a workshop on avoiding foreclosure. We are going to focus on the Keep Your Home California program. It's a $2 billion state-run program," said Katy Hudson with Consumer Credit Counseling.
Yes, $2 billion in federal money is out there to help people in bad mortgage situations.
"Because I was unemployed at the time, I qualified for a program 'UMA' under the Keep Your Home California. And, it's a program that helps you with your mortgage payments if you are behind, and they help you for nine months." Gloria Rodriguez.
Rodriguez was able to save her home.
There are some restrictions to the programs. The one Rodriguez used will pay your mortgage up to $3,000 per month for nine months while you look for a job.
Not everyone's situation is the same, but this workshop will have one-on-one counseling to help you find the best option. And, the Keep Your Home California program has several different options to help.
"Provides monies for people trying to modify mortgages. It provides money for people who are unemployed. It will actually make the mortgage payment for you. There is even assistance if you cant afford your home. Keep Your Home California will pay you up to $5,000 just in moving expenses so you can transition more smoothly," explained Hudson.
The workshop takes place Saturday, March 24th at Redeemer Lutheran Church at 2525 Belle Terrace, from 10:30 a.m. to 3:30 p.m.
Organizers would like you to call ahead if possible at 324-9628, extension 6100.