Georgia Mortgage Assistance Program | Millions available

The program helps homeowners who have fallen behind on their mortgage payments due to hardships during the pandemic.

ATLANTA — Millions of dollars have helped Georgia homeowners who have fallen behind on mortgage payments during the pandemic, leaving more than $300 million unclaimed.

Since the beginning of the year, the Georgia Mortgage Assistance Program provided $30 million to 1,600 families who suffered hardship due to the pandemic. The program started in January with $354 million.

Anthony Fulton is one of the owners who have been helped by the program. The pandemic has created major headaches for his work as an educational adviser. When he fell behind on his bills, his mortgage company worked with him for over a year.

“And all of a sudden I get a letter telling me that if I don’t provide them with about $40,000, they’ll put my house up for sale,” Fulton said.

His 20-year-old home was due to go up for sale on the courthouse steps over the summer.

“So I was fighting, trying to get some money, and then a friend of mine said, ‘Anthony, there’s a program in Georgia that’s going to help you.'”

The Georgia Mortgage Assistance Program helped Fulton catch up on his mortgage payments and saved his home from foreclosure.

“We know people need this funding and we really want them to access it as soon as possible,” said Tonya Cureton Curry, deputy housing commissioner at Georgia’s Ministry of Community Affairs.

To qualify for assistance, homeowners must prove that the hardship caused by the pandemic has led to problems paying their mortgage. Depending on the situation and the family income, an owner can receive up to $50,000.

“It’s important for people to make sure that when they apply, they have all their documents ready to upload“, Curry said. “It would be nice to have your previous mortgage statements or any previous bills related to the mortgage process.

Curry added that once an application is assigned to a processor, the typical wait is around two months.

Because he was facing foreclosure, Anthony Fulton’s case was expedited.

“Within three weeks it was completed,” Fulton said. “Within four days, I think, everything stopped.”

The frightening possibility of losing your 20-year-old home is now over.

For answers to frequently asked questions about the program, click here.