The deadline for submitting applications for the Emergency Homeowners’ Loan Program was September 19, 2011. We are no longer accepting applications for this program.
The Emergency Homeowners’ Loan Program (EHLP) will offer a forgivable, deferred payment “bridge loan” (zero percent interest, non-recourse, subordinate loan) to assist eligible borrowers with their mortgage arrearages and payments on their mortgage principal, interest, mortgage insurance premiums, taxes and hazard insurance for up to 24 months.
EHLP is designed to provide mortgage payment relief to eligible homeowners who are at risk of foreclosure and who meet certain requirements of the program.