Author Topic: Unemployed? Get a federal loan to pay your mortgage  (Read 482 times)

Bindare_Dundat

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Unemployed? Get a federal loan to pay your mortgage
« on: October 06, 2010, 05:42:57 AM »
NEW YORK (CNNMoney.com) -- Unemployed and can't pay your mortgage?

You can soon apply for a no-interest government loan for up to $50,000 to pay your mortgage and cover your arrears. The loan, which can offer assistance for up to two years, will be forgiven if the homeowner stays in the house for five years.

Troubled borrowers will be able to apply for the Emergency Homeowners Loan Program by the end of the year. They must be at least three months behind in their payments, but have a reasonable likelihood of being able to resume payments within two years. And they must have suffered at least a 15% drop in income, but have been able to afford their mortgage before their income loss.

Soul Crusher

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Re: Unemployed? Get a federal loan to pay your mortgage
« Reply #1 on: October 06, 2010, 05:57:43 AM »
NEW YORK (CNNMoney.com) -- Unemployed and can't pay your mortgage?

You can soon apply for a no-interest government loan for up to $50,000 to pay your mortgage and cover your arrears. The loan, which can offer assistance for up to two years, will be forgiven if the homeowner stays in the house for five years.

Troubled borrowers will be able to apply for the Emergency Homeowners Loan Program by the end of the year. They must be at least three months behind in their payments, but have a reasonable likelihood of being able to resume payments within two years. And they must have suffered at least a 15% drop in income, but have been able to afford their mortgage before their income loss.

No biggie - Sharon Angle had a conversation with a guy trying to get him to get out of a race so she could win. 

Also, o'donnell make a sdtupid remark about masturbation 20 years ago, lets focus on whats really import Bindare.   

blacken700

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Re: Unemployed? Get a federal loan to pay your mortgage
« Reply #2 on: October 06, 2010, 06:04:03 AM »
oh and don't forget to say you hate obama ;D

Bindare_Dundat

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Re: Unemployed? Get a federal loan to pay your mortgage
« Reply #3 on: October 06, 2010, 06:06:05 AM »
oh and don't forget to say you hate obama ;D

i take it you are ok with this?

Soul Crusher

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Re: Unemployed? Get a federal loan to pay your mortgage
« Reply #4 on: October 06, 2010, 06:09:01 AM »
oh and don't forget to say you hate obama ;D

I don't hate him as a person - i hate his agenda, his supporters, his policies, his czars, his tactics, his goals, and his lies.