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You're Now Reading:
HUD Reopens Emergency Homeowners’ Loan Program
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
HUD Reopens Emergency Homeowners’ Loan Program
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
HUD Reopens Emergency Homeowners’ Loan Program
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Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
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Mortgage Rates

August 29, 2011 (Jeff Alan)

The Department of Housing and Urban Development (HUD) has announced today that resources will be available to reach more struggling homeowners in its Emergency Homeowners’ Loan Program (EHLP) and that applications will be accepted through September 15, 2011.

As part of the Dodd-Frank Reform Bill and the Consumer Protection Act, HUD, in conjunction with NeighborWorks America, announced the launch of the Emergency Homeowners’ Loan Program (EHLP) as a complement to the Hardest Hit Fund that was previously available to 18 states and the District of Columbia in late June 2011.

The program was initially forecast to run through July 22, 2011, but was extended until July 27, 2011. However, enough resources are still available to reopen the program until September 15, 2011.

The program was designed to assist homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment or underemployment caused by economic conditions or a medical condition.

Under EHLP guidelines, eligible homeowners can qualify for an interest free loan which pays a portion of their monthly mortgage for up to two years, or up to $50,000, whichever comes first.

The program was launched by the Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks America and is expected to aid up to 30,000 distressed borrowers with an average loan of approximately $35,000.

Homeowners in the following states are eligible for EHLP if they meet certain requirements: 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.

Only participating agencies found on www.FindEHLP.org are approved to accept Pre-Applicant Screening Worksheets. There is no fee to submit a worksheet or to get assistance for filling out the worksheet. You can also call toll free at 855-346-3345 for assistance.

Tags: HUD, NeighborWorks America, EHLP, Pre-Applicant Screening Worksheets, homeowners, interest free loan, mortgage assistance, unemployment, economic conditions

Source:
HUD

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

August 29, 2011 (Jeff Alan)

The Department of Housing and Urban Development (HUD) has announced today that resources will be available to reach more struggling homeowners in its Emergency Homeowners’ Loan Program (EHLP) and that applications will be accepted through September 15, 2011.

As part of the Dodd-Frank Reform Bill and the Consumer Protection Act, HUD, in conjunction with NeighborWorks America, announced the launch of the Emergency Homeowners’ Loan Program (EHLP) as a complement to the Hardest Hit Fund that was previously available to 18 states and the District of Columbia in late June 2011.

The program was initially forecast to run through July 22, 2011, but was extended until July 27, 2011. However, enough resources are still available to reopen the program until September 15, 2011.

The program was designed to assist homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment or underemployment caused by economic conditions or a medical condition.

Under EHLP guidelines, eligible homeowners can qualify for an interest free loan which pays a portion of their monthly mortgage for up to two years, or up to $50,000, whichever comes first.

The program was launched by the Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks America and is expected to aid up to 30,000 distressed borrowers with an average loan of approximately $35,000.

Homeowners in the following states are eligible for EHLP if they meet certain requirements: 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.

Only participating agencies found on www.FindEHLP.org are approved to accept Pre-Applicant Screening Worksheets. There is no fee to submit a worksheet or to get assistance for filling out the worksheet. You can also call toll free at 855-346-3345 for assistance.

Tags: HUD, NeighborWorks America, EHLP, Pre-Applicant Screening Worksheets, homeowners, interest free loan, mortgage assistance, unemployment, economic conditions

Source:
HUD

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

August 29, 2011 (Jeff Alan)

The Department of Housing and Urban Development (HUD) has announced today that resources will be available to reach more struggling homeowners in its Emergency Homeowners’ Loan Program (EHLP) and that applications will be accepted through September 15, 2011.

As part of the Dodd-Frank Reform Bill and the Consumer Protection Act, HUD, in conjunction with NeighborWorks America, announced the launch of the Emergency Homeowners’ Loan Program (EHLP) as a complement to the Hardest Hit Fund that was previously available to 18 states and the District of Columbia in late June 2011.

The program was initially forecast to run through July 22, 2011, but was extended until July 27, 2011. However, enough resources are still available to reopen the program until September 15, 2011.

The program was designed to assist homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment or underemployment caused by economic conditions or a medical condition.

Under EHLP guidelines, eligible homeowners can qualify for an interest free loan which pays a portion of their monthly mortgage for up to two years, or up to $50,000, whichever comes first.

The program was launched by the Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks America and is expected to aid up to 30,000 distressed borrowers with an average loan of approximately $35,000.

Homeowners in the following states are eligible for EHLP if they meet certain requirements: 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.

Only participating agencies found on www.FindEHLP.org are approved to accept Pre-Applicant Screening Worksheets. There is no fee to submit a worksheet or to get assistance for filling out the worksheet. You can also call toll free at 855-346-3345 for assistance.

Tags: HUD, NeighborWorks America, EHLP, Pre-Applicant Screening Worksheets, homeowners, interest free loan, mortgage assistance, unemployment, economic conditions

Source:
HUD

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.