Help Available For Idaho Homeowners Facing Foreclosure | Home & Garden
The Idaho Housing and Finance Association is offering emergency loans to help people keep their homes and get back on their feet.
$13 million in federal money has been made available to the program. There are stipulations for loan applicants: Obviously, you have to be facing foreclosure, but you also have to be unemployed or have a medical condition that has resulted in the loss of at least 15 percent of your income.
The program helps homeowners make mortgage payments for up to 24 months with up to $50,000 in zero interest, forgivable loans.
The loan program should help out up to 600 Idaho homeowners and as of last week, 340 applications had been submitted.
If you want to apply, just go to the Idaho Housing and Finance Association's website, we've linked it for you here or call (877) 888-3135.