Information about HUD's EHLP
MMI is approved by the U.S. Department of Housing and Urban Development (HUD) to qualify homeowners for HUD’s Emergency Homeowners’ Loan Program (EHLP).
The EHLP is designed to provide mortgage payment relief for qualifying homeowners who have experienced a drop in income of at least 15 percent due to circumstances beyond their control, such as unemployment or underemployment due to adverse economic conditions or an illness.
Some highlights of the program include:
- The $1 billion initiative is expected to provide help for up to 30,000 homeowners.
- Applicants who meet the program’s eligibility requirements may receive a zero interest forgivable loan that pays past due mortgage payments, including missed payments and past-due charges, for up to a maximum of $50,000.
- The zero percent interest forgivable loans will average $35,000 each, with a maximum of $50,000 awarded to eligible homeowners who are selected through the program. Learn more about this selection process by reading the EHLP frequently asked questions.
- The deadline for filing a pre-application worksheet is July 27.
EHLP documents will only be accepted by approved agencies, such as Money Management International. To determine whether you may qualify for help through this program, fill out the EHLP pre-applicant screening worksheet. For more information about EHLP, read our list of EHLP FAQs or visit FindEHLP.org.