Help for Unemployed Homeowners in Maine!

August 31st, 2011

Unemployed homeowners in Maine now have until Sept. 15 to apply for the new Emergency Homeowners’ Loan Program, which is designed to assist those out of work with their mortgage payments. All borrowers must be approved by Sept. 30.

With this program, up to 30,000 homeowners will receive zero-interest loans of up to $50,000, which are gradually forgiven if the homeowner stays in the property.

Homeowners need to have missed at least 90 days of mortgage payments to qualify, and must have either lost a job or had their income cut back dramatically due to the economy.

The program is offered in 27 states, including:  Alaska, Arkansas, Colorado, Hawaii, Iowa, Kansas, Louisiana, Maine, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Mexico, New York, North Dakota, Oklahoma, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming.

For more information, visit or call (855) FIND-EHLP (346-3345).

Acadia Lending Group LLC

10 Donald B. Dean, Suite 2
South Portland , Maine 04106

Phone: 207-899-4500

Fax: 207-899-4503

NMLS: 370636


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