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GoFightForeclosure.com/Blog Urges Homeowners To Apply Before Illinois Hardest Hit Deadline
Maximum of $35,000 is available for mortgage assistance to help homeowners because of unemployment or underemployment. Illinois homeowners have limited time remaining to apply.
Deadline To Apply For Illinois Hardest Hit Unemployment or Underemployment $35,000 Maximum Mortgage Assistance:
Under the Illinois Housing Development Authority (IHDA) a partnership was formed with the U.S. Department of Treasury to offer temporary mortgage payment assistance to households that are currently struggling because of income loss due to unemployment or underemployment, but who may be working to regain sufficient income to keep their homes out of foreclosure. These homeowners may also be experiencing an income loss or have experienced one in the past that further caused them to fall behind on their mortgage payments.
Today thousands of homeowners have already been assisted through HHF. However, these federal funds are almost exhausted and homeowners now have a deadline to apply to see if they can receive any assistance. There is no guarantee that applications submitted before the deadline will receive funding. After the deadline no applications will be accepted and no exceptions. Therefore, homeowners are strongly encouraged not to delay and apply immediately.
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