Current Application Cycle:
Opened on: February 8 at Noon..
Apply by: February 14 at Noon.
The Preservation Benefit is designed to help homeowners who can afford their mortgage payment, but are behind on their first lien mortgage due to a financial hardship. To fully reinstate the account, this program can provide a maximum benefit of $40,000 paid directly to the mortgage servicer.
Use the links below to guide you through the application process.
NOTE: The benefit is provided in the form of a no-interest, five-year forgivable loan for which a lien will be recorded against the property.