I Was Turned Down For Homeowner Assistance Funds. What Now?

On December 6, 2021, Governor Hochul announced that New York was approved to receive up to $539 million in federal homeowner assistance funds. According to New York’s website for this program, homeowner assistance funds are available to individuals who are:

• Behind or in forbearance on their mortgage

• In default on a reverse mortgage

• Behind on their property taxes, water, or sewage bills

• Behind on monthly maintenance charges of their coop or condo

• Behind on their chattel loans, retail installment contracts, or other types of home purchase loans and/or lot rent

If you are behind on your mortgage and you were turned down for homeowner assistance funds, you have options to get current on your mortgage and stay in your home. Call us today or book a free consultation.