Housing Assistance
J. P. Morgan Chase & Co. (JPM)
Programs available to help military and veteran customers stay in their homes as it seeks to repair its image after wrongly foreclosing on military families and overcharging thousands for mortgages. The programs, which begin in April 2011, includes:
- Reduced mortgage rates for those covered under the Service members Civil Relief Act.
- For military personnel who have been on active duty as far back as Sept. 11, 2001, it will offer enhanced mortgage modifications.
- The company also wouldn't foreclose on any currently deployed active military personnel’s homes, and if there were ever a wrongful foreclosure sale on the home of an eligible military customer, the bank would forgive all of their remaining mortgage debt.
- J.P. Morgan will also donate 1,000 homes to military personnel and veterans over the next five years.
Contact your local J.P. Morgan branch for more information.
Hardest-Hit Fund (HHF)
Are you unemployed or underemployed and unable to pay your mortgage on time? Floridians having difficulties making their mortgage payments can apply for financial assistance from the Hardest-Hit Fund (HHF) beginning April 18, 2011 at 9:00 a.m.. The program from The Florida Housing Finance Corporation is available to troubled homeowners in all 67 Florida counties. https://www.flhardesthithelp.org/
Fort Lauderdale CEO Purchase Assistance
1409 NW 6th Street
Fort Lauderdale, FL
Main: 954-828-4530
This is a City of Fort Lauderdale program to provide closing costs or down payment assistance to eligible home buyers. Up to $3000 in the form of a grant may be provided to eligible lower income home buyers to purchase existing single family homes.
Hollywood First Time Home Buyer
2500 Hollywood Blvd., Suite 314
Hollywood, FL 33020
Main: 954-921-3271
Provides down payment and closing cost assistance up to $10,000 for the purchase of an existing property and $20,000 for new construction. Must contribute $1000 toward the down payment and attend home buyer's workshop.
