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PREDATORY LENDING

Are you in danger of losing your home?

  • Have you been receiving mortgage papers that you don't understand?
  • Are you receiving calls, visits, or mail from aggressive lenders?
  • Were you pressured into a loan with high interest rates and fees?
  • Are you having trouble making your mortgage payments?
  • Have you been charged excessive late fees or fees you don't understand?
  • Has your lender refused to accept your payments?
  • Has your lender threatened foreclosure?
  • Are the conditions of your loan different than what was originally explained to you?
  • Beware of companies offering to refinance your property!

    If you have had any of these experiences, we can help. Please call us.

    Interfaith Housing Center of the Northern Suburbs

    620 Lincoln Avenue
    Winnetka, Illinois 60093
    Phone: 847/501-5760
    FAX: 847/501-5722
    E-mail: ihcns@interfaithhousingcenter.org

    For a list of predatory lending practices, visit: http://www.ntic-us.org/issues/predatorylending/pred-practices.htm

    For a list of tips for consumers, visit:
    http://www.aarp.org/consumerprotect-homeloans/Articles/a2002-09-16-ConsumerAdvocacyHomeLoans.html or

    http://www.acorn.org/acorn10/predatorylending/consumers.htm

    Recent articles on Predatory Lending:

    Desperate measures Cash-strapped homeowners easy prey for abusive lenders by Karen Berkowitz Evanston Review, May 13, 2021

    High payments put pressure on homeowner by Karen Berkowitz
    Evanston Review, May 13, 2021

    Editorial: Borrowers Beware
    Evanston Review, May 13, 2021

    Increase in predatory lending fought locally by Mike Cherney
    Daily Northwestern, May 5, 2021

    web site developed by Chris Coglianeseweb site developed by Chris Coglianese

    Home Service area Program overview Advocacy Fair housing Mission and History Events Interfaith in the news Homesharing Action opportunities Members Newsletter How to support us Contact us Links