Term Mortgage Payment Assistance
Code BH-3800.5000
Definition Programs that make mortgage payments for people who are at risk of losing their homes without assistance. Mortgage payment assistance programs may have age, income, disability, need or other eligibility requirements. Some of these programs may also provide assistance for people who have a mobile home sales contract or land contract and need help making a payment that is due. Land contracts are written legal agreements that are used to purchase real estate (e.g., vacant land), a house, an apartment building, a commercial building or other real property but are negotiated with the property owner rather than borrowing money from a bank or other lender.
Created 3/10/92
Changed 2/11/21
Use References Financial Assistance for Mortgage Payments
Help With Mortgage Payments
House Payment Assistance
Land Contract Payment Assistance
Mobile Home Sales Contract Payment Assistance
Mortgage Assistance
Mortgage Payment Help
Mortgage Payments Assistance
See Also References Foreclosed Property Redevelopment Programs (TB-3000.2000)
Foreclosure Prevention Loan Modification/Refinancing Programs (BH-3500.3400-300)
Homebuyer/Home Purchase Counseling (BH-3700.3000)
Home Purchase/Construction Financing/Refinancing (BH-3500)
HUD Approved Counseling Agencies (BH-3700.3200)
Mortgage Delinquency and Default Counseling (DM-1800.5000)
Mortgage Fraud Reporting (FN-1700.1470-520)
Mortgage Modification Scam Reporting (FN-1700.1470-523)
External Classification Terms Housing (CAN HO-300)
Housing (USA HO-300)
Housing Expense Assistance (NPC L06.03)
Housing Expense Reduction Support (NTE L82)
Living Situation (ACH A-01)
Voluntary Financial Assistance (UW 1.2.02.09)
Related Concepts Emergency and Crisis Services
Financial Services/Benefits
Homelessness
Facet Service
Comments
Bibliographic References "The Basics of Land Contracts", Nolo website, . https://www.nolo.com/legal-encyclopedia/the-basics-land-contracts.html

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