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More Help For Those With Mortgage Problems

by
Indiana Foreclosure Prevention Network
Indiana Foreclosure Prevention Network

About 10,000 more Indiana homeowners could get help in making their mortgage payments under an expansion of a federally funded foreclosure prevention program. Changes to the Indiana's Hardest Hit Fund program include broader eligibility and nearly doubling the amount of mortgage aid each household could receive. The program first started in 2011 with $221 million in federal funding. Some 1,500 Indiana households have received up to $18,000 in assistance since the program was started.

Only those who were unemployed have been eligible for the program — and officials are looking for a big jump in applications by broadening eligibility.

 

Those newly eligible include those who can't afford their house payments for reasons such being forced into a lower-paying job, the loss of income from a family member's death, large medical expenses and being called to military service.  For more details on the program, go to this link or call 1-877-GETHOPE

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