HUD’s Emergency Homeowners’ Loan Program (EHLP) provides mortgage assistance to eligible homeowners experiencing a drop in income of at least 15 percent, directly resulting from involuntary unemployment or underemployment due to the economy and/or a medical condition. The mortgage assistance covers past-due mortgage payments, as well as a portion of the homeowner’s mortgage payment for up to 24 months or $50,000, whichever comes first.
As a reminder, the EHLP deadline is September 15, 2011. HUD is accepting applications from persons living in Texas, among other states.
Homeowners can find a participating EHLP housing counseling agency and download an Applicant Screening Worksheet and the Required Documents for All Applicants Checklist at www.FindEHLP.org. Homeowners can also call toll free 855-FIND-EHLP (346-3345), or email [email protected] for more information.
Other resources for mortgage assistance:
Distressed borrowers who are in immediate need of mortgage assistance are encouraged to contact their local HUD-approved housing counseling agency
(http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?&webListAction=search&searchstate=TX) for information about other forms of available assistance, including foreclosure prevention and loss mitigation programs. You may also look up local foreclosure prevention counseling agency contact information (http://www.findaforeclosurecounselor.org/network/nfmc_lookup/findaforeclosurecounselorForeclosure.asp) that is available through the NeighborWorks America (http://nw.org/network/index.asp) National Foreclosure Mitigation Counseling Program (NFMC) network. For more information about the National Foreclosure Mitigation Counseling Program, log onto the program web site. Homeowners can also call (202) 220-6314 or email [email protected] for more information.
The Federal Housing Administration (FHA) (http://portal.hud.gov/hudportal/HUD?src=/federal_housing_administration) can provide information about foreclosure prevention assistance for FHA-insured borrowers (http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/nsc/lossmit). FHA-insured borrowers can contact HUD’s National Servicing Center (NSC) toll-free at (877) 622-8525. FHA-insured borrowers with a hearing impairment can contact the FHA Outreach Center at: 877-TDD-2HUD (877-833-2483). The FHA Outreach Center (http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/fharesourcectr) can also be contacted by email: [email protected]