HUD Announces Emergency Homeowners’ Loan Program

St. Louis REALTOR, Dennis NormanThe U.S. Department of Housing and Urban Development (HUD) announced last week, the launch of the Emergency Homeowner’s Loan Program (EHLP) to help homeowners who are at risk of foreclosure.   This program is available in 27 states and is available to homeowners who have experienced a reduction in income due to:

  • Involuntary unemployment.
  • Underemployment.
  • Economic conditions.
  • Medical condition.

For those who qualify, they can receive:

  • Interest-free loans.
  • Payment of a portion of a monthly mortgage for up to two years, or up to $50,000, whichever comes first.
  • Payment of a portion of monthly mortgage, including missed mortgage payments or past due charges including principal, interest, taxes and insurance.

HUD says EHLP is expected to help up to 30,000 distressed borrowers (that doesn’t sound like many to me since we are expecting to see 2 milllion people lose their homes this year) with an average loan of $35,000.

To be considered, you must apply by July 27, 2011 – To apply:

  • Go to www.FINDEHLP.org for eligibility requirements and additional information.
  • Complete Pre-Applicant Screening Worksheet.
  • Or call 855-FIND-EHLP (855-346-3345).

Below are the 27 states where this program is available:

  • Alaska, Arkansas
  • Colorado, Hawaii
  • Iowa, Kansas
  • Louisiana, Maine
  • Massachusetts, Minnesota
  • Missouri, Montana
  • Nebraska, New Hampshire
  • New Mexico, New York
  • North Dakota, Oklahoma
  • South Dakota, Texas
  • Utah, Vermont, Virginia
  • Washington, West Virginia
  • Wisconsin, and Wyoming and Puerto Rico.
Print Friendly, PDF & Email

33 comments to HUD Announces Emergency Homeowners’ Loan Program

  • … [Trackback]

    […] Read More on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • I’ve been browsing on-line greater than 3 hours today, yet I by no means discovered any fascinating article like yours.
    It is lovely worth sufficient for me. In my opinion, if all
    website owners and bloggers made good content material as you did, the web will be much more helpful than ever before.

  • I simply wanted to post a simple word to say thanks to you for all of the great solutions you are giving out on this website. My long internet look up has now been compensated with professional know-how to talk about with my great friends. I ‘d mention that most of us website visitors are unquestionably blessed to dwell in a fine website with very many wonderful people with very helpful secrets. I feel rather privileged to have discovered the web page and look forward to many more fun minutes reading here. Thanks a lot once more for a lot of things.

  • … [Trackback]

    […] Find More here on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • … [Trackback]

    […] Read More to that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  • Some truly choice posts on this web site, saved to fav.

  • Nice blog here! Also your website loads up very fast! What host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as quickly as yours lol

  • … [Trackback]

    […] Read More here to that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • Hi there, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam responses? If so how do you reduce it, any plugin or anything you can advise? I get so much lately it’s driving me crazy so any help is very much appreciated.

  • I very like this blog. Everything is cleared.

  • Deference to website author, some wonderful selective information.

  • Keep functioning ,terrific job!

  • Hello There. I discovered your blog the use of msn. That is an extremely well written article. I’ll make sure to bookmark it and return to read extra of your helpful information. Thank you for the post. I will definitely comeback.

  • If you desire to improve your knowledge just keep visiting this site and be updated with the newest gossip
    posted here.

  • Attractive section of content. I just stumbled upon your blog and in accession capital
    to assert that I acquire actually enjoyed account your blog posts.

    Any way I will be subscribing to your augment and even I achievement you access consistently fast.

  • When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove people from that service? Thanks a lot!

  • … [Trackback]

    […] Information on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • Nice post. I was checking constantly this blog and I am impressed! Very useful information specially the last part :) I care for such info much. I was seeking this certain info for a long time. Thank you and best of luck.

  • Excellent goods from you, man. I’ve understand your stuff previous to and you are just extremely magnificent. I actually like what you’ve acquired here, really like what you’re stating and the way in which you say it. You make it entertaining and you still take care of to keep it sensible. I cant wait to read far more from you. This is really a tremendous web site.

  • I’m now not sure where you’re getting your info, however good topic. I needs to spend a while learning more or working out more. Thank you for fantastic information I was in search of this info for my mission.

  • Thanks for all your efforts that you have put in this. very interesting info .

  • Magnificent beat ! I would like to apprentice whilst you amend your site, how can i subscribe for a weblog site? The account aided me a applicable deal. I have been tiny bit familiar of this your broadcast offered brilliant transparent idea

  • Simply desire to say your article is as surprising. The clarity to your publish is simply spectacular and that i can assume you are knowledgeable in this subject. Well along with your permission let me to snatch your feed to keep updated with coming near near post. Thanks 1,000,000 and please continue the enjoyable work.

  • This design is wicked! You most certainly know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job. I really loved what you had to say, and more than that, how you presented it. Too cool!

  • Its like you read my mind! You seem to know so much about this, like
    you wrote the book in it or something. I think that you can do with a few pics to drive the
    message home a bit, but other than that, this is wonderful blog.

    An excellent read. I will definitely be back.

  • There is noticeably a bundle to know about this. I assume you made certain nice points in features also.

  • Hi! I could have sworn I’ve been to this web site before but after looking at many of the posts I
    realized it’s new to me. Anyhow, I’m certainly delighted I found
    it and I’ll be bookmarking it and checking back frequently!

  • … [Trackback]

    […] Read More Info here on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • … [Trackback]

    […] Read More on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • I quite like reading an article that will make
    men and women think. Also, many thanks for allowing for me to comment!

  • … [Trackback]

    […] There you can find 85395 additional Information to that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/hud-announces-emergency-homeowners-loan-program/ […]

  • I simply want to mention I am beginner to blogging and site-building and absolutely liked you’re blog site. Almost certainly I’m going to bookmark your blog post . You really come with beneficial posts. Cheers for sharing with us your blog site.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>