Struggling With Your Mortgage Payment Due To Unemployment?

Through MHA’s Home Affordable Unemployment Program (UP), depending on your situation, your mortgage payments may be reduced to 31 percent of your income or suspended altogether for 12 months or more.

There have been enhancements made to the government’s Making Home Affordable Unemployment Program that make it easier for unemployed borrowers to receive assistance with their payments. Even, if you were previously denied for the Unemployment Program for certain reasons you may be re-evaluated for an UP forbearance plan.

If you are unemployed and received unemployment benefits you may be eligible for assistance with your mortgage payments. What is the Eligibility Criteria?

• Homeowner’s principal residence.

• One to four unity property.

• Property securing mortgage is not vacant or condemned.

• Monthly mortgage payment is greater than 31% of the homeowner’s verified monthly gross income.

• Amount owed on first mortgage is equal to or less than $729,750.

• First lien mortgage originated on or before January 1, 2009

• Mortgage must not have been previously modified under HAMP.

• Homeowner is unemployed and receiving, or is eligible to receive, unemployment benefits or was receiving benefits that expired within six months prior to requesting UP

• The unemployed applicant is listed as a borrower/co-borrower on the first lien mortgage

*Eligibility criteria are for guidance only. For more information on the Making Home Affordable programs visit or Contact Tracy McFarlane Certified Housing Counselor at The Village Family Service Center to determine eligibility 1-800-450-4019.