Many homeowners are having a hard time to pay the mortgage that could possibly lead to a foreclosure.  Fortunately, you can use the help of the government to stop foreclosure and save your home.  Here are a few ways to save your home.

* Make use of the Loan Modification Plan devised by the Obama Administration.  This will help homeowners fight off foreclosure by refinancing their homes at a better rate.
* Work with the U.S. Department of Housing Urban Development to find out the plans that they are offering to help those facing foreclosures including lender incentives and financial help.
* Make use of a Project Lifeline, a plan offered by the government to postpone foreclosures for homeowners for a certain period of time.  This will allow homeowners to buy some time to get financial help.
* The FHA secure initiative provides homeowners with relevant information regarding foreclosures and also lists down methods and ways to prevent foreclosures.  It also helps secure homeowners against irresponsible creditors and banking institutions that charge high interest rates and unacceptable terms on those looking to secure credit for their homes. There is also a clause within this initiative that allows owners of homes to refinance their houses at much lower interest rates until they sort out their financial problems.