SALEM, Ore. (KTVZ) — Oregon Housing and Community Services has announced it volition intermission accepting caller applications for the Oregon Homeowner Assistance Fund Program astatine 11 a.m. connected Wednesday, Nov. 30.
Officials said the intermission volition let OHCS to process existent applications successful its pipeline, let for insignificant strategy maintenance, and amended task the magnitude of national HAF funds remaining for homeowners.
"Since making the archetypal HAF programme outgo successful January 2022, the programme has served the astir at-risk homeowners, keeping families successful their homes," said Ryan Vanden Brink, adjunct manager of Homeowner Assistance Programs. "The HAF squad could not bash this enactment without Oregon’s lodging counseling agencies, which basal by to supply proposal and advocacy for struggling homeowners crossed the state. If you are a homeowner falling behind, don’t delay, scope retired to a authorities approved homeownership halfway close away."
Anyone who is eligible to use successful Phases 1, 2, oregon 3 of OHCS’ phased programme opening is encouraged to use for HAF assistance earlier 11 a.m. PST connected Nov. 30. Homeowners tin larn much astir eligibility for each of these phases and use online at oregonhomeownerassistance.org.
If a idiosyncratic has antecedently applied oregon began an application, the intermission volition not interaction them. Those who started their applications volition inactive beryllium capable to entree and implicit them, and those applications that were antecedently submitted volition inactive beryllium processed. Applicants tin proceed to log connected to the HAF portal to implicit their exertion oregon cheque the presumption of their finished application. They tin opt successful to email alerts arsenic their exertion advances.
To service the astir at-risk homeowners, arsenic an objection to this pause, OHCS volition proceed to judge caller applications submitted by lodging counselors connected behalf of homeowners that are successful a judicial enactment oregon person a verified foreclosure merchantability date. If you are successful a judicial action, oregon successful a nonjudicial foreclosure and tin supply documentation of a pending foreclosure merchantability date, delight use earlier the intermission oregon enactment with a escaped lodging counsellor to taxable your application.
OHCS planned its HAF programme to run arsenic a information nett for the astir at-risk eligible homeowners who person nary viable workout option, and it volition proceed to run HAF this mode during the pause. During a precise constricted aviator programme HAF received astir 180 applications. Since opening Phase 3 successful June 2022, an further 1,700 HAF applications person been started by Oregon homeowners.
Free assistance is available
During this pause, homeowners who person fallen down oregon are astatine hazard of missing a outgo connected their owe tin proceed to get escaped assistance from certified lodging counselors astir the authorities to larn astir budgeting tools and valuation of options to support their homes, specified arsenic modifications, adding deferred payments to the extremity of a mortgage, oregon HAF. HAF whitethorn not beryllium the champion enactment for everyone, and it whitethorn forestall homeowners from servicer options disposable for antithetic types of loans. Housing counselors are knowledgeable, experienced, and dedicated professionals who tin assistance homeowners pass with their owe servicers.
Search the full list of escaped certified lodging counselors by county. Homeowners should beryllium alert that immoderate lodging counseling agencies instrumentality longer to respond owed to the holidays and distant moving policies.
In summation to connecting with a certified lodging counselor, Oregon homeowners should straight interaction their owe servicers and lenders to spot what types of owe assistance and foreclosure prevention programs are available. Homeowners who pass with their lenders and servicers person immoderate further protections and usually person much clip to fig retired their options.
Avoiding fraud
The Oregon Department of Consumer and Business Services recommends being highly cautious with offers to assistance from unauthorized companies oregon people. Homeowners are urged not to supply fiscal oregon idiosyncratic accusation unless they verify the institution oregon person’s licensing status. It does not outgo thing to use for the HAF programme oregon conscionable with an Oregon lodging counselor.
There are a fig of common warning signs homeowners should ticker retired for that whitethorn bespeak a scam. If a homeowner suspects they’re being contacted by a scammer, they tin study it to the Consumer Financial Protection Bureau, the Oregon Department of Justice, or the U.S. Treasury’s Office of the Inspector General.
To verify a lender’s license, sojourn the Division of Financial Regulation’s licence page and comparison it with the Nationwide Multistate Licensing System (NMLS) licence number. This fig indispensable beryllium included connected each advertizing materials and should beryllium casual to find. To verify a lodging counseling agency’s presumption with the state, marque definite they are listed connected the OHCS website.
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