Home Affordable Unemployment Program (UP)

Housing Vouchers * Public Housing * Homeless * Making Home Affordable

UP Program May Reduce or Suspend Mortgage Payments For Up to 12 Months

What is Home Affordable Unemployment Program (UP)?

Enacted: July 1, 2010 – effective for mortgages originated on or prior to January 1, 2009

Making Home Affordable initiative ended on December 31, 2016

Explore 50 States Public Financial Assistance Guide

Home Affordable Unemployment Program (UP) is designed to help struggling homeowners who have lost their jobs, who are currently unemployed and eligible for unemployment benefits. Depending on homeowners’ situation the UP program may reduce or suspend their monthly mortgage payments for up to 12 months.

The Home Affordable Unemployment Program gives mortgage companies incentives and flexibility to provide assistance to borrowers whose hardship is related to unemployment. A borrower who is unemployed and requests assistance under HAMP must be evaluated for and, if qualified, must receive an offer for a UP forbearance plan.

Purpose of the Home Affordable Unemployment Program (UP)

Homeownership preservation and home values protection by giving a chance of currently unemployed and struggling homeowners to keep their homes with a forbearance plan in addition to the mortgage loan modification.

Goal of UP Program

The main goal of the program is to help currently unemployed homeowners in hardship by modifying their home loans and offering up to 12 months forbearance.

Who may be eligible?

All homeowners in financial hardship who:

  • Are currently unemployed and eligible for unemployment benefits
  • Are delinquent or in danger of falling behind on their mortgage payments
  • Hold mortgage loans originated on or before January 1, 2009
  • Owe up to $729,750 on their primary residence
  • Have not benefited previously from HAMP modification
Contact your mortgage company for details to see if you are eligible.

How to apply?

Contact your mortgage servicer – the company to which you make your monthly mortgage payments and ask them for the Initial Application Package for Home Affordable Modification Program as well to be considered for Home Affordable Unemployment Program if you lost your job.

Home Affordable Unemployment Program (UP) is not currently available for homeowners with mortgage loans held by Fannie Mae and Freddie Mac.

Contact your mortgage company to see if you are eligible or call a HUD-approved housing counselor at 888-995-4673  (Hearing impaired: 877-304-9709 TTY) to help you understand your options, prepare your application, and work with your mortgage company.

Low-Rent Apartments

Find more and search subsidized and low-rent apartments here.