DALLAS (CBSDFW.COM) – North Texans, struggling to make mortgage payments, have a chance to save their dream.
The “Save the Dream Event” began Thursday at the Dallas Convention Center — aimed at helping homeowners cut through mortgage red tape.
The event, sponsored by the Neighborhood Assistance Corporation of America (NACA), was unique because it allowed homeowners to actually have a face-to-face meeting with their lenders.
For the hundreds of people standing in line, the event was their last chance to save their home. “I’m a fighter and I’m going to fight until I get something,” said homeowner Jusaima Gomez.
Gomez flew to North Texas from California to get help. She was unemployed for two years and fell behind on her mortgage payments.
But Gomez’ story isn’t still bleak. She just finished nursing school and is now back on her feet.
“I just got a job and I’m hoping they’ll [the mortgage company] work with me to make payments that are affordable with my paychecks,” she said.
The NACA brings homeowners, banks and mortgage companies together in one room — to find solutions.
NACA has a 50-percent same day resolution rate…. meaning half of the people who walk in at an event, walk out, knowing they’ll be able to stay in their home.
Some people can get their mortgage payments reduced by hundreds of dollars, simply by taking advantage of lower interest rates. Homeowners can also ask for a lower principal payment.
“We are behind, way behind,” Dallas homeowner Jessica Segura said of her mortgage payments. “So, we are trying to do a solution. We don’t have all the money to pay it.”
Segura said she fell behind on her mortgage after suffering a physical injury and was unable to work.
At the event Thursday, she met with her lender.
“I’ve been dealing with Bank of America for two years, to save my house, and I really hope today I have an answer,” she said.
Sergura is hoping the answer will allow her to raise her children in their home. “To save my dream, to save my house.”
The Save the Dream Event will be at the Dallas Convention Center through Monday. The event is free and open to the public.