HUD Launches $15 Million Program To Help Struggling Oklahoma Homeowners

Tuesday, June 21st 2011, 12:46 pm
By: News On 6

OKLAHOMA CITY -- If you are an Oklahoma homeowner struggling to pay your mortgage, the U.S. Department of Housing and Urban Development has launched an Emergency Homeowners' Loan Program to help with interest-free, forgivable loans to pay past due mortgage payments.

HUD says the program will assist homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment, underemployment, due to economic conditions or a medical condition.

The state of Oklahoma has been allocated $15,575,381.

There are eligibility requirements.

To find if you are eligible, contact information for participating agencies, the Pre-Applicant Screening Worksheet and more information on the EHLP program and its eligibility requirements can be found at www.EHLPconsumers.asp or by calling 855-FIND-EHLP (346-3345).