HUD extends deadline for unemployed mortgage assistance

For Immediate Assistance Call 888-995-HOPE (4673) (Hearing impaired: 877-304-9709 TTY) Let an expert from a HUD-approved housing counseling agency help you understand your options, prepare your application, and work with your mortgage company.

HUD releases unemployment mortgage assistance to 27 states. Eligible homeowners can qualify for up to $50,000 in interest-free loans. The money will assist with mortgage payments for up to two years. HUD said borrowers at risk of foreclosure because of involuntary unemployment, underemployment or a medical condition can benefit from the program.

HUD’s Homelessness Prevention and Rapid Re-housing Program provides housing grants to homeless families and those at-risk of becoming homeless. If you are unemployed, you do not have to meet minimum income requirements to get help. The family can receive rental and utility assistance for up to 18 months.

The deadline to spend the money, originally next year, was recently extended until. Programs now include mortgage modifications, unemployment mortgage payments, principal reduction, reverse.

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HUD sets July 31st deadline to apply for $16.5 million in OneCPD Plus: Technical Assistance &Capacity Building under the Transformation Initiative. . . Federal Home Loan Bank of Seattle sets August 1st deadline to apply for $5.9 million in Affordable Housing Program funds "on or around" May 15th with applications due August 1st. . .

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If you are unemployed, you might be able to get a mortgage forbearance, I lost my job, can I get help with my mortgage? If you are unemployed, you might be able to get a mortgage forbearance, loan modification, or temporary financial assistance to tide you over.. the servicer can extend.

FHA Loan - Pros and Cons of FHA Loans - What does BHB stand for? BHB stands for Bar Hbr Bankshares

The Department of Housing and Urban Development has once again extended its deadline for a program that provides up to $50,000 in interest-free loans to unemployed or medically ill home owners who are struggling to make their mortgage payments. The new deadline is now Sept. 15. HUD resumed taking applications for the program on Monday.

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