Struggling with your mortgage? There’s a gov program for that.

The NAACP has collaborated with the National Association of Real Estate Brokers-Investment Division Inc., Housing Counseling Agency (NID-HCA) to participate in the MHA Outreach and Intake Project, which will assist homeowners in avoiding foreclosures, according to Dedrick Muhammad, Senior Director of Economic Programs, NAACP, for Huffingtonpost.com.

According to Muhammad, the MHA Outreach and Intake Project is a “nationwide effort to help families struggling with their mortgage payments apply for assistance from the federal government’s Making Home Affordable Program (MHA).

Created in 2009 by the Obama administration to help families avoid foreclosure and to strengthen the housing market, MHA has helped more than “one million homeowners nationwide.”

MHA offers several options including:

  • Modifying or refinancing a mortgage loan to make monthly payments more affordable
  • Deferred mortgage payments for those struggling from unemployment
  • Targeted principal reduction in certain circumstances
  • Transition out of the property with a short sale or deed-in-lieu foreclosure

“Homeowners in need of mortgage help and at risk of foreclosure are invited to contact NID-HCA. They will screen homeowners for eligibility for available MHA foreclosure prevention assistance programs and work with eligible homeowners to submit mortgage assistance applications to servicers,” according to the article.

Contact NID-HCA toll free at 877-670-7360 or visit online at www.nidonline.org for further information and assistance.

Please read “Government Offers Aid for Homeowners Struggling to Pay Mortgages” for further details.

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