Facing Foreclosure? Short Sale not an option?
Maryland is one of just 34 states that qualifies for the Emergency Homeowner’s Loan Program ?t?h?a?t? ?w?a?s? ?j?u?s?t? ?u?n?v?e?l?i?e?d? ?a?s? ?p?a?r?t? ?o?f? ?t?h?e? Dodd-Frank Wall Street Reform and Consumer Protection Act??. Designed to help up to 30,000 applicant?s who are behind on their mortgage and facing foreclosure receive up to $50,000 in interest free loans that can turn themselves into gifts if you make your payments on time for 10 years. Of course as with all government programs there are plenty of caveats and restrictions. The attached article explains in more detail who qualifies and how to apply for the Emergency Homeonwer’s Loan Program.
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• Posted in: Financial News
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