Thursday, October 14, 2010

Unemployed? Get a federal loan to pay your mortgage

Unemployed? Get a federal loan to pay your mortgage

Unemployed and can’t pay your mortgage? You soon can apply for a no-interest government loan for up to $50,000 to pay your mortgage and cover your arrears. The loan, which can offer assistance for up to two years, will be forgiven if the homeowner stays in the house for five years.


Read the entire story:
http://money.cnn.com/2010/10/05/news/economy/unemployed_mortgage_help/index.htm

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