Advice featured on the list includes ensuring that a budget can cope if mortgage payments increased, as well as how people struggling with debts can get advice.
Chris Pond, the FSA's director of financial capability, said: "Economic conditions are getting tougher, putting pressure on family finances. As the UK's financial watchdog we can help.
"Our new checklist sets out simple steps that homeowners can take to manage their money and mortgage in difficult times."
It was recently announced that the FSA would be leading a two-year pilot project to test the delivery of the UK's new national money guidance service.
The move was recommended in a recent review on generic financial advice by Aegon UK chief executive Otto Thoresen.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.