Foreclosure Funds Available, But Going Fast

Greensboro, N.C. -- The housing bubble burst and left many of you struggling to pay your mortgage. With unemployment on the rise, many more have found yourselves in tight financial situations.

Here's your help. There's a million dollars in the NC Foreclosure Prevention Fund, just waiting for you to claim your share.

The first step to getting the cash is calling 1-888-623-8631 to see if you qualify.

The money is part of the NC Foreclosure Prevention Fund. The Fund helps North Carolina homeowners who are struggling to make their mortgage payments due to job loss or temporary financial hardship, such as divorce, illness or death of a spouse. The Fund also assists returning veterans who are transitioning to civilian jobs.

For qualified homeowners, the Fund can provide an interest-free loan of up to $36,000 to pay your mortgage and other related expenses for up to 36 months while you search or retrain for new employment. If you are currently employed but have a second mortgage that is not affordable because of a prior job loss or reduced income, the Fund offers an interest-free loan of up to $30,000 to pay off your second mortgage. The Fund provides assistance at no cost to you.

You can also refer to Financial Pathways of the Piedmont and Consumer Credit Counseling Services of Greater Greensboro for additional resources.


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