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Home Rescue Program Offers Up to $30,000

SALEM, Ore. – The state will offer a new foreclosure prevention program to help struggling homeowners to make their payments.

Starting Wednesday, the Home Rescue Program will provide up to a year of monthly mortgage assistance with a maximum benefit of $20,000. Program participants are also eligible for up to $10,000 to bring their mortgage current if they are behind.

To be eligible for the program, homeowners must meet income qualifications, such as a 10-percent loss in current income. Applicants do not need to be behind on their loan.

New application slots will be available at 12 p.m. on Wednesdays every two weeks. More information on the application cycle can be found here.

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  1. robert knudsen says:

    I was injured on the job, I have not worked since March 2013 I have made one late payment I have sold everything of value.. I need help so I don’t lose my home

  2. Peggy & Bob Hager says:

    My husband & I are current in our loan for a house in Waldport, Oregon; however, we owe $180,000 & cannot sell it for much more than $160,000.
    While we love the house, I want to relocate to California, & in order to do so, much sell the house.
    We are current on payments & it was refinanced in April through Wells Fargo.

    1. KEZI Staff says:

      Peggy and Bob,
      For more information on how to apply, click here: http://www.oregonhomeownerhelp.org/en/homeowner-education-program/home-rescue-program

      KEZI 9 News

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