It is not just the job of the Fort Bragg Housing Division to be concerned with the homes of servicemembers who live on the installation, but also with the homes of those who live off Fort Bragg as well.
The division has partnered with Hope Now Alliance, a cooperative that provides support and guidance for homeowners, to bring a Military Mortgage Assistance Workshop to Fort Bragg, Sept. 20, at the U.S. Army Reserve Center (Building A-6292 Pratt Street).
The workshop, which will take place from 9 a.m. to 3 p.m., will allow homeowners to meet with lenders and get free mortgage assistance.
According to Eric Selk, deputy director of Hope Now Alliance, those lenders will include Citibank, Wells Fargo, Bank of America, Chase, General Motors Acceptance Corporation, Homeward Residential, SunTrust, U.S. Bank, Fannie Mae and Freddie Mac.
Lenders will be able to counsel homeowners regarding loan modification, short sale, interest reduction, refinance options, government programs and protections afforded to those who are called to active-duty or to deployed servicemembers as listed under the Servicemembers Civil Relief Act.
The workshop will be open to “anybody who lives, sleeps or works on Fort Bragg, and is in a current mortgage with one of the lenders who are represented at the event,” said Greg Jackson, chief, Housing Division. However, Fort Bragg contractors are not eligible to attend.
It will be particularly helpful to servicemembers who have permanently changed stations or are anticipating doing so, Jackson said. Information could be provided about possible alternatives to foreclosure or about getting from under a mortgage, of great interest to anyone who faces the possibility to maintaining two homes — one at a previous duty station and another at a current one, he explained.
The primary target population would be anyone who is currently in jeopardy of foreclosure or is in a “troubled mortgage,” Jackson said.
The workshop could be a stopgap for those who most need assistance.
“There may be a handful of people in troubled mortgages, but a lot of people who are maybe, one monthly payment from a troubled mortgage,” said Jackson.
According to estimates, as many as 33,000 Soldiers maintain homes off the installation, absent of estimates for retirees and Department of Army civilians.
Hope Now Alliance has taken its Military Mortgage Assistance Workshop to two installations — Fort Gordon, Ga. and Fort Jackson, S.C., Selk said.
“We are happy to work with (Fort Bragg) Housing on this partnership and be able to offer this service to servicemembers and their Families,” he said.
The workshop is ideal for the Fort Bragg Housing Division in that it brings assistance to any Soldier who may have financial challenges associated with a mortgage and it raises visibility that the division provides counseling assistance for all housing, said Jackson.
Attendees are asked to bring the following mortgage and financial documents to the workshop:
• Monthly mortgage statement
• Two most recent pay stubs
• Documentation on all income received from other sources such as alimony, child support, social security, etc
• Most recent bank statements and utility bills showing your name and address
For information or questions regarding the Military Mortgage Assistance Workshop, call the Fort Bragg Housing Services Office at 396-1022.