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Mortgage relief program for Virginians ends May 4

Posted at 12:25 PM, Apr 25, 2024
and last updated 2024-04-25 12:25:50-04

HAMPTON ROADS, Va. - The Virginia Mortgage Relief Program (VMRP) will no longer be taking applications starting May 4; the program is closing indefinitely.

Homeowners who are struggling to pay their mortgages due to circumstances related to the Covid-19 pandemic can still apply for federal assistance until May 3 at 11:59 p.m.

The VMRP helps homeowners experiencing a COVID-19 related financial hardship to pay mortgage and/or other qualified home ownership-related delinquencies to avoid default, foreclosure, or displacement.

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Financial hardship could include an increase in living expenses, childcare, change in household size, job loss, reduction in income, etc.

The maximum amount of assistance to eligible Virginia homeowners is $50,000 with no cap on the number of months past due.

For more information or to apply for federal assistance, click here.