The NC Foreclosure Prevention Fund is offered by the North Carolina Housing Finance Agency, a self-supporting public agency, using funds provided by the US Treasury.

What We Offer

Funds for this program are limited. The last day for application submission to the North Carolina Housing Finance Agency (the Agency) is July 31, 2019, by 5 pm, so act quickly.


Gathering all documentation necessary to submit an application to the Agency can take up to 60 days. Please note, starting an application is not the same as a submitted application to the Agency. There will be no exceptions for applications not submitted to the Agency by 5 pm on July 31, 2019.


In addition, some housing counseling agencies may stop taking applications due to capacity. If you contact a counseling agency that is no longer working with the program, please contact our call center at 1-888-623-8631 to be redirected to another agency or obtain instructions on how you can apply directly online.

The NC Foreclosure Prevention Fund offers help to North Carolina homeowners who are struggling to make their mortgage payments due to job loss, furlough, reduction in income or other temporary financial hardship, such as the death of a loved one, divorce, serious illness or natural disaster. The NC Foreclosure Prevention Fund is offered by the NC Housing Finance Agency, a self-supporting public agency, and funded through the US Department of the Treasury's Hardest Hit Fund®. Services are provided by participating HUD-approved counseling agencies statewide.

You may be eligible for help through one of the following programs designed to help homeowners prevent foreclosure.

The Mortgage Payment Program provides zero-interest loans of up to $36,000 for a maximum of 18 months.

The Principal Reduction Recast/Lien Extinguishment Program provides forgivable, no-interest, deferred loans to reduce the principal and recast the loan to make payments more affordable for homeowners who have become re-employed or secured a fixed income after an eligible hardship but are earning less and unable to afford their mortgage payment.

Eligible homeowners apply for these programs through our participating housing counseling agencies located across the state. Even if you do not qualify for help through the NC Foreclosure Prevention Fund, a counselor may be able to direct you to other sources of help.


The State Home Foreclosure Prevention Project helps North Carolina homeowners who are facing foreclosure for any reason. It offers free housing counseling, access to legal services for people with lower incomes and help with your mortgage servicer. There are no credit restrictions for this help. If you have received a 45-day pre-foreclosure notice from your servicer and/or a foreclosure help letter from the NC Housing Finance Agency, call 1-888-442-8188.