Unemployment Mortgage Bridge Program

 

Both Indiana and Kentucky have state programs that will make mortgage payments on their primary home for unemployed individuals. 
The programs have very specific guidelines that must be met, but up to $18,000 or 18 months of mortgage payments can be made for people living in "hardest hit" counties like Crawford, Orange, and Scott.  In Clark, Floyd, Harrison, & Washington counties payments could be made for up to one year or $12,000.
Hoosiers must be unemployed and eligible for unemployment insurance and delinquent on their mortgage as a result, but have record of 6 months of timely payments prior to being unemployed.
There are adjusted median income and reserve requirements as well.  Applications can be made online at www.877gethope.org or by phone at (877) 438-4673.

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