Mortgage assistance available for storm victims
The
"This is foreclosure relief, or forbearance, where the lender may waive late fees, penalties, missed payments, and instead of forgiving a missed payment, the lender could apply the missed payments to the end of the term of the mortgage," said HUD spokesperson
Anyone with a
"They need to say my area is a federally declared disaster area and I cannot make my payments," Sullivan said. "This relief effort is designed to give folks breathing room until they can get back on their feet."
President
Those homeowners also need to call their homeowners insurance company and register with the
"Everybody will be evaluated," Sullivan added. "We will tell lenders that if folks come to them and had trouble paying their mortgage, to suspend action against them for a period of 90 days as a way for the homeowner to figure out their next steps."
Other assistance is also available through HUD,
Anyone who needs housing or mortgage relief help can contact her office at 912- 265-1515 for an appointment.
"As a HUD-approved agency, we can assist folks from
In addition to being a HUD-approved housing agency, Harwell-Cross is also a nonprofit partner with banks such as
A Wells Fargo hotline with information regarding mortgage relief can be reached at 1-888-819-9147.
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