Helena, MT – May 21, 2013 – (RealEstateRama) — The Montana Department of Labor and Industry announces an extension of a federal program that may help unemployed homeowners in Montana by providing mortgage relief and alternatives to foreclosure. The Making Home Affordable Program (MHA) application deadline has been extended until December 31, 2013. “This extension will help those Montanans struggling to find employment stay in their home until they can get back on their feet”, said Labor Commissioner Pam Bucy.
Administered by the federal Departments of the Treasury and Housing and Urban Development, MHA has programs designed to provide assistance to unemployed homeowners struggling to keep up with their payments. Through MHA’s Home Affordable Unemployment Program, depending on the individual’s situation, mortgage payments may be reduced or suspended for up to 12 months or more while searching for work.
“This is good news for Montanans who need a bit of help making monthly mortgage payments to avoid foreclosure”, said Unemployment Insurance Administrator Roy Mulvaney.
To find out if you qualify or for general information on the MHA program you can call 1-888-995-4673 or visit: http://www.makinghomeaffordable.gov.
E-mail: ckylerwest (at) mt (dot) gov