MEMPHIS AND WESTERN TENNESSEE HOMEOWNERS: NACA’s American Dream Event opening next Thursday at the Memphis Cook Convention Center will also have representatives from United Housing’s Hardest Hit Fund program, providing counseling and direct mortgage assistance for Tennessee’s unemployed and under-employed. This is in addition to the major lenders and investors that are on hand at every NACA event.
United Housing’s foreclosure prevention program is part of the federal government’s Hardest Hit Fund (HHF). HHF is a foreclosure prevention program that includes counseling and mortgage assistance for Tennessee’s unemployed and under-employed. Services also include referrals to other community resources.
Homeowners who qualify for financial assistance may receive up to $40,000 or 36 months of monthly mortgage payments and/or funds to pay past due mortgage payments to bring the mortgage current; these funds are paid directly to the loan servicer/lender if you’ve lost 30% of your income.