Get Help with Your Mortgage Payment
Pay Off Your Second Mortgage
The NC Foreclosure Prevention Fund offers a Second Mortgage Refinance Program that helps currently employed North Carolina homeowners with paying their second home mortgages who, through no fault of their own, are financially unable to make their mortgage payment because of a prior job loss, reduced income, smaller paycheck or other program-eligible temporary financial hardship.
You must have a good mortgage payment history prior to your recent income loss or financial hardship.
If you qualify, the Second Mortgage Refinance Program may help you reduce your monthly payments by refinancing your second mortgage. The program offers a zero-interest, deferred payment loan of up to $50,000 plus all related fees to pay off your existing second mortgage.
Homeowners who have participated in the Mortgage Payment Program and are now re-employed may be eligible for the Second Mortgage Refinance Program if they still have a demonstrated financial need. A housing counselor can tell you more.
Or, you can go to Am I Eligible, complete a short questionnaire, and apply online if you are determined to be eligible.