HEMAP is the first step in the Pennsylvania Judicial Foreclosure process. The program is designed to help people who are 60 or more days delinquent with their mortgage. Clients must receive counseling from a counseling agency within the PHFA (Pennsylvania Housing Finance Agency) network and apply for a loan to catch up with their payments within 30 days from the date the Act 91 notice was received. There are eligibility requirements in order to qualify for the program.
1.) Have an 'Act 91' notice from the lender, which advises them of their delinquent status and any help that may be available pertaining to their case.
2.) Be a Pennsylvania resident that owns and occupies the mortgaged property in foreclosure.
3.) Be at least 60 days delinquent in mortgage payments.
4.) Be suffering financial hardship through no fault of their own.
5.) Demonstrate a reasonable prospect of being able to resume normal mortgage payments after the HEMAP funding ends.
If you contact Integra Home Counseling to guide you through the HEMAP process, we ask you to have the required documents prepared in advance. Although we review, edit, and alter any documentation we see fit for your case, we have found the process to be much smoother when the documentation is reviewed, thought over, and prepared. Remember, there is a time period with HEMAP and being late submitting the paperwork will only hurt your case. The required documentation for HEMAP is as follows:
1.) Letter of Circumstances: Please print or type and sign a detailed letter explaining the reasons for your current mortgage delinquency. Be as specific as possible since this letter is very important in determining your eligibility for loan assistance.
2.) Evidence/Documented Proof of expense related circumstances: This includes paid bills, legal counsel statements, copies of cash receipts, cancelled checks for expenses that contributed to the mortgage delinquency.
3.) ACT91 Notice or any other Notices of Foreclosure,Complaints, Sheriff's Sale Notice
4.) Pay Stubs: Three most consecutive pay stubs for all working household members.
5.) Verification of Other Income: These include unemployment compensation, worker's compensation, child support, alimony, public assistance, social security, rent, pensions, etc.
6.) Employment History: Names, addresses, position/title and dates worked of all employers where you have worked during the past five years.
7.) Federal Income Tax Returns: Has to be for past 3 years. If needed, transcripts can be obtained by calling the IRS at 1 (800) 829-1040 and ask for Form 4506. You can also visit https://www.irs.gov/pub/irs-pdf/f4506.pdf and print, and complete the form.
8.) Recorded Property Deed: This can be obtained from your County Courthouse
9.) Monthly Statements: All loans and charge accounts (account numbers & balances)
10.) Proof of Real Estate Taxes: Copies of tax bills can be obtained from your county and township (If not escrowed by mortgage)
11.) Homeowner's Insurance Policy: This can be obtained from your insurance agent.
12.) Checking & Savings Account Statements : This is to verify current balances.
13.) Verification of any/all of the following: Stocks, bonds, retirement accounts, IRA’s, 401-K’s, cash value of insurance policies, etc.
14.) Utility Bills: Copies of three summer and three winter bills of all utilities. Contact utility companies, if necessary.
15.) Social Security Numbers
16.) Mortgage Year End Statement and Mortgage Payment Book
17.) Drivers Licenses or other valid photo ID's
When Applying for HEMAP, it provides an automatic stay in the foreclosure process for 60 days. The application provides input from an objective third party who is experienced in analyzing the situation. The counselor provides information, guidance, and suggestions so the homeowner can make an informed decision about the course of action to resolve the situation. HEMAP can provide a possible load to catch up on the your mortgage. It is a loan, but has low repayment terms. Depending on your circumstances, it can be as low as $25 per month.