Homeowner Financial Toolkit


For many homeowners who have fallen behind on their mortgages, broader financial issues are at the root of their housing crises.

Some have experienced job loss, illness, divorce, or another “shock” that made their mortgage unaffordable. Others may need training and help to manage their finances.

The goal of the Center’s Homeowner Financial Toolkit is to support the seamless integration of essential financial counseling into existing foreclosure prevention services. The toolkit is an action-oriented approach that empowers homeowners to set financial goals and reach them, while ultimately improving their long-term ability to stay current on mortgage payments.

Financial Toolkit Table of Contents
Guidebook: Homeowner Financial Toolkit
Tool 1.1 Income and Expenses
Tool 1.1 Income and Expenses Worksheet Excel
Tool 1.2 Financial Health Check
Tool 2.1 Quick Ideas to Boost Your Income
Tool 2.2 Quick Ideas to Reduce Expenses
Tool 2.3 Quick Ideas Worksheet for Changing Income and Expenses
Tool 2.4 Quick Ideas to Manage Your Cash Flow
Tool 2.5 Quick Ideas to Protect Your Home
Tool 3.1 SMART Goals Worksheet for Housing Payments
Tool 3.2 Long-Term Strategies to Improve Financial Health
Tool 4.1 Income and Resources Tracker
Tool 4.2 One-Month Income & Expenses Calendar
Tool 4.3 Credit Report Review Checklist
Tool 4.4 Steps for Disputing Credit Report Items
Tool 4.5 Ways to Manage Credit & Debt
Tool 4.6 Debt Management Worksheet
Tool 5 SMART Referrals Worksheet