BCL of Texas Helping Homeowners with Emergency Loan Program
Posted by Hopeton on July 13, 2011
BCL of Texas is operating the U.S. Department of Housing and Urban Development’s Emergency Homeowners Loan Program for central Texas and other areas in Texas. EHLP was created to help homeowners who are temporarily and involuntarily unemployed or underemployed due to economic conditions or a medical condition, and are at risk of foreclosure. The EHLP will provide eligible homeowners with emergency assistance that pays a portion of their monthly mortgage payment for up to twenty-four consecutive months, or up to $50,000, whichever occurs first. To be eligible applicants must complete the pre-applicant screening worksheet by July 22. For more information go to http://www.ehlptexas.org/ or call 877-417-8272.