COVID-19 Mortgage Payment Assistance Unemployment Program

A new program established to provide financial relief for homeowners who have experienced a loss of income due to circumstances related to the COVID-19 pandemic.

• One to two-adult (anyone over age 23) household income must be at or below $97,646.
• Three or more-adult (anyone over age 23) household income must be at or below $112,293.
• Must be the property owner of a one-to four-family property or condominium that is used as a primary residence.
• Must be currently or previously unemployed or underemployed due to the pandemic and be receiving or had previously received unemployment compensation beginning on March 1, 2020.
• Must have been current on their mortgage payment as of March 1, 2020, have an original mortgage balance no greater than $820,500, and possess less than $20,000 in non-retirement, liquid assets. Examples include non-retirement, liquid assets such as bank accounts, stocks, bonds, investments, and cash value of life insurance.

• Mortgage (may include principal and interest)
• Mortgage arrearages
• Mortgage insurance
• Homeowner Association Fees
• Property Tax

• Mortgage Servicer

Up to 6 months

Not specified

• State Funds