Homeowners have until 11 p.m. to file for help
Homeowners in Minnesota who have fallen behind on their mortgages due to unemployment may qualify for up to $50,000 in emergency federal loans to help them avoid foreclosure.
But they have to act fast: the deadline for applying to HUD’s Emergency Homeowners Loan Program is 11 p.m. on Friday.
The new government program has set aside $56 million for Minnesota homeowners. Nationally, the HUD program will provide $1 billion in help for homeowners in 27 states.
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