Arizona Attorney General

Mark Brnovich

Explore Programs

There are numerous mortgage assistance programs available – state and federal – that may provide relief to distressed homeowners. If you’re burdened by an unaffordable mortgage, behind on payments or in danger of foreclosure, there are programs that may help you, even if you’ve been turned down or ineligible in the past. Explore your options below and contact a HUD-approved housing counselor who can assist in determining which program(s) may be right for your situation.

 


Lower Interest Rates — Loan Refinance

In today's housing market, many homeowners have experienced a decrease in their home's value. Programs are available to help you than can lower your interest rate through refinance.

housing counselor can help you determine if you are eligible for this option.

  • Home Affordable Refinance Program (HARP): If you are current on your mortgage and have been unable to obtain a traditional refinance because the value of your home has declined, you may be eligible to refinance through HARP, a U.S. government program. HARP is designed to help you refinance into a new affordable, more stable mortgage. 
  • Arizona Mortgage Relief Fund: If you are current on your mortgage, but your debt ratio puts you at risk for falling behind, Arizona Mortgage Relief Funds may be available to refinance your loan to help you attain a more affordable mortgage. Housing counseling is required to determine eligibility. Download the Arizona Mortgage Relief Fund flyer.

Lower Payments — Loan Modification

A number of new and expanded programs are available to help you.

housing counselor can help you determine if you are eligible for these programs, even if you have been turned down for an assistance program in the past.

  • Home Affordable Modification Program (HAMP): HAMP, a U.S. government program, lowers your monthly mortgage payment to make your payments more affordable. Forty percent of consumers receiving a typical HAMP modification see a drop in monthly mortgage payments according to The Urban Institute Report: NFMC Program Evaluation, Dec. 2011. Second lien modifications may also be available under HAMP. 
  •  Arizona Mortgage Relief Fund: If you are at least two payments behind, and program assistance can modify your loan to help you attain a more affordable mortgage, there may be funds to help you in the form of a principal reduction. Housing counseling is required to determine eligibility. Download the Arizona Mortgage Relief Fund flyer.

One-time Recovery

Arizona Mortgage Relief Fund: If you are at least two payments behind on your mortgage payments, but you have resolved any temporary hardship that caused you to fall behind, you may be eligible for a one-time recovery loan. The loan may also be part of an Arizona Mortgage Relief loan modification. Download the Arizona Mortgage Relief Fund flyer.

housing counselor can help you determine if you are eligible for this option. 


Hardest-Hit Assistance

The Save Our Home AZ program, administered by the Arizona Department of Housing, provides assistance to eligible Arizona homeowners in the form of unemployment/underemployment mortgage assistance, principal reduction assistance for modification or eligible refinances, reinstatement of deliquent payments, second lien elimination, and short sale assistance. Learn more about these programs here.  


Home Again Foreclosure Relocation Assistance

Home Again provides relocation assistance to low-income Arizona families and individuals who lost their home to foreclosure or at risk of foreclosure and who meet funding eligibility guidelines.

Financial relocation assistance may include:

  • Security deposits
  • Utility deposits
  • Moving expenses
  • First month’s rent

Eligibility requirements:

  • Lost a home due to unavoidable foreclosure within the last 5 years (as a homeowner or tenant)
  • At risk of becoming homeless due to foreclosure within 30 days (as owner or tenant)
  • Meet the household income qualifications
  • Ability to pay rent and utilities

For more information, call 855-250-7700,  e-mail at HomeAgain@cc.az.org or CatholicCharitiesAZ.org/