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More Federal Funds for Jobless Homeowners - CDPE

$3 billion more for jobless homeowners

The Obama administration is making $3 billion in additional funds available to help troubled homeowners avoid foreclosure, according to an announcement made yesterday.  One part of the plan includes a new $1 billion program that will offer loans to unemployed borrowers at risk of losing their homes.  The loans, which will be dispersed through nonprofit and housing agencies, will carry 0% interest and be good for a maximum of $50,000 for up to two years. 

 
 
 
 
 
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Learn how agents with the Certified Distressed Property Expert® designation are best suited to help distressed homeowners.
Mark Loprino
HomeSmart
20860 North Tatum Blvd.
Suite 140
Phoenix, AZ 85050
480-502-0112
www.MarkLoprino.com