Free Webinars: Help for Homeowners
This free Help for Homeowners series of webinars, hosted by the Los Angeles County Department of Consumer and Business Affairs and Center for Financial Empowerment, will provide L.A. County homeowners with the information and resources they need to manage through this difficult time.
Upcoming Help for Homeowners webinars:
Wednesday, Nov. 4, 2 p.m.
Refinancing During a Pandemic
Registration coming soon
Previously recorded webinar presentations:
Rules Regarding Accessory Dwelling Units
Watch all previous Help for Homeowners webinars on DCBA’s Youtube page, including:
- Rules Regarding Accessory Dwelling Units: Full webinar slides
- Avoiding Scams Involving Contractors: Full webinar slides
- Avoiding Property Tax Scams: Full webinar slides
- Avoiding Scams for First-time Home buyers: Full webinar slides
- Foreclosure Avoidance Options: Full webinar slides
- Understanding the California Foreclosure Process: Full webinar slides
- Avoiding Foreclosure Rescue Scams: Full webinar slides
- Avoiding Foreclosure Rescue Scams (en español): Full webinar slides
Upcoming schedule. All webinars begin at 2 p.m.:
- Wednesday, Nov. 4, Refinancing during the pandemic
- Wednesday, Nov. 18, Comprender el proceso de ejecución hipotecaria de California (Understanding the California foreclosure process, presentation in Spanish)
- Wednesday, Dec. 2, Opciones para evitar la ejecución hipotecaria (Foreclosure Avoidance Options, presentation in Spanish)
Homeowners Affected by the Bobcat Wildfire
Disaster recovery loans from the U.S. Small Business Administration (SBA) are now available to Los Angeles County residents and businesses who suffered damage as a result of the Bobcat wildfire that began on September 6, 2020.
Disaster loans up to $200,000 are available to homeowners to repair damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Frequently Asked Questions
For Property Owners Impacted by COVID-19
What relief is available for property owners impacted by COVID-19?
Property owners impacted by COVID-19 may be eligible for temporary relief. The federal, state, and local governments announced several protections. Whether your loan is owned by the government, a national or state charter bank, or private institution, you may be eligible to reduce or delay payments for up to 12 months. This type of arrangement is called a Forbearance Plan/Agreement.
Furthermore, lenders may be limited in initiating foreclosures during the State of Emergency related to COVID-19. Please contact the Los Angeles County Disaster Help Center at (833) 238-4450, to assist you with inquiring about your eligibility or other
foreclosure avoidance options.
Will I be charged a late fee?
Depending on the assistance provided by your lender, late fees may be waived during the agreement period.
Will my credit be impacted for not making payments?
Depending on the assistance provided by your lender, negative reporting to the credit bureaus may be suspended for the duration of the agreement period.
What happens at the conclusion of the forbearance agreement?
Generally, all payments will be due at the conclusion of the agreement period. However, it may be unfeasible for some property owners to make a large lump sum payment. Lenders may offer a repayment plan or agree to modify the terms of your loan. Please contact the Los Angeles County Disaster Help Center at (833) 238-4450, to assist you with inquiring about your options.
What is considered a COVID-19 hardship?
A COVID-19 hardship could be; a reduction or loss of income due to reduced hours, layoffs, or substantial decrease in business income caused by any local, state, or federal government response to COVID-19, or if you or someone you are caring for is being treated for the disease.
My property is currently in foreclosure, are there any protections for me?
If your property was in foreclosure prior to the pandemic/protection orders, you still may be protected. If eligible, your foreclosure will be suspended for until August 31st (foreclosure moratorium). Please contact the Los Angeles County Disaster Help Center at (833) 238-4450, to assist you with inquiring about your eligibility.
I’m a landlord and my tenant’s inability to pay rent has created a financial
hardship for me. Can you help me?
Landlords in the unincorporated area of the County are prohibited from evicting tenants impacted by COVID-19. Incorporated cities of the county may have similar or greater protections. To learn if the prohibition applies to you, please contact the Los Angeles County Disaster Help Center at (833) 238-4450 or by email at firstname.lastname@example.org.
For assistance with your lender, please contact the Help Center at (833) 238-4450, to assist you with inquiring about your options.