» NC Foreclosure Prevention Fund
For more informaiton, please contact Jim Falco at the Wilkes JobLink Center at 336-651-2540 ext 2552
Many North Carolina homeowners are struggling now to make their mortgage payments due to job loss or reduction of income through no fault of their own or because of an unforeseen temporary financial hardship, such as a divorce, serious illness or death of a co-signor. If you are searching for help, be assured that you are not alone. The N.C. Foreclosure Prevention Fund is here to help you avoid foreclosure.
The Mortgage Payment Program offers zero-interest loans of up to $24,000 to pay your mortgage and other related expenses for up to 24 months. If you live in one of 50 "hardest hit" counties with the highest 2009 unemployment rates, you may qualify for a loan of up to $36,000 for up to 36 months. The loan can also be used to bring mortgage payments current.
The Second Mortgage Refinance Program will be available in the 50 "hardest hit" counties in June 2011. It may help you refinance a high-cost second mortgage and reduce your monthly payments to an affordable level.
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