Act now for help preserving a loan or paying the mortgage in Oregon

Matt Kinshella

The Oregon Homeowner Stabilization Inititive has two new program annoucments:

Loan Preservation Assistance Program - NEXT AVAILABLE APRIL 24TH

Apply for the Loan Preservation Assistance program at www.oregonhomeownerhelp.org.

Loan Preservation Assistance is the newest program offered by the Oregon Homeownership Stabilization Initiative designed to help Oregon homeowners that have recovered from a financial hardship but have past-due payments threatening foreclosure. The Loan Preservation Assistance program will preserve their existing mortgage by paying off past due payments and fees in order to bring their mortgage current. By doing so, homeowners are more likely to avoid foreclosure.

For qualified applicants, the Loan Preservation Assistance program will make a one-time payment for the total amount of past due payments and fees up to $20,000, the maximum dollar limit, which will be sent directly to their mortgage lender or servicer to bring their mortgage current.

The Loan Preservation Assistance program has new opportunities to apply every two weeks on Wednesdays at noon, please check the program page at www.oregonhomeownerhelp.org for availability schedule.

 

Mortgage Payment Assistance Unemployment – FINISHES May 29TH, NEXT AVAILABLE MAY 1ST

Apply for the Mortgage Payment Assistance program at www.oregonhomeownerhelp.org.

The Mortgage Payment Assistance program is offered by the Oregon Homeownership Stabilization Initiative and designed to help Oregon homeowners receiving unemployment benefits avoid the threat of foreclosure. For qualified applicants, the program makes up to 12 months of mortgage payments up to $20,000, the maximum dollar limit, and will be sent directly to their mortgage lender or servicer each month.

The Mortgage Payment Assistance program has new opportunities to apply every two weeks on Wednesdays at noon, please check the program page at www.oregonhomeownerhelp.org for availability schedule. The Oregon Homeownership Stabilization Initiative website provides helpful information about the application process, including a how-to video that answers the most common questions about the program.