TALLAHASSEE, FL -The deadline to accept applications for Florida’s federal Elderly Mortgage Assistance Program (ELMORE) is June 30, 2019. Under the leadership of Executive Director Trey Price, Florida Housing Finance Corporation (Florida Housing) has disbursed 100 percent of the funds for Florida’s Hardest-Hit Fund (HHF) ahead of schedule.
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The Florida Hardest-Hit Fund (HHF) program assists qualified Florida homeowners, by providing mortgage assistance. This assistance is only available for up to 12 months (capped at $24,000), or until the homeowner finds adequate employment to resume paying their mortgage (whichever comes first).
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Today, the foreclosure rate is one in every 83. Because of that enormous drop, Florida's Hardest Hit Fund will stop accepting applications Jan. 31 for its three main mortgage assistance programs. The deadline signals a major wind-down of the $1.1 billion fund, which has helped thousands of struggling.
Hardest Hit Fund (HHF) Application Deadline: Don’t delay. Application deadlines vary. Some states have already concluded the application process. No applications will be accepted beyond December 31, 2020.
The Florida Hardest-Hit Fund (HHF) Programs are as follows: Unemployment Mortgage Assistance Program (UMAP) – CLOSED Provided up to 12 months of payments (with a cap of $24,000, whichever comes first) paid directly to the mortgage lender to assist unemployed or underemployed borrowers with their first mortgage.
Because of that enormous drop, Floridas Hardest Hit Fund will stop accepting applications Jan. 31 for its three main mortgage assistance programs. The deadline signals a major wind-down of the $1.1 billion fund, which has helped thousands of struggling Florida homeowners like Dena Tingling.
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The Florida Hardest-Hit fund Principal Reduction (HHF-PR) program is designed to assist eligible homeowners by providing up to $50,000 to reduce the principal balance of the first mortgage, thereby reducing the loan-to-value (LTV) of the first mortgage to no less than 100%. This is done to help effectuate a recast of the mortgage, which lowers.
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The application deadline is January 31, 2018. For information and eligibility requirement call us today at 800-920-2262. header. The federal government has allocated funding to help pay the mortgages of qualified homeowners. The Florida Hardest-Hit Fund (HHF) program aims to assist qualified Florida homeowners by.