Are Gwinnett Homeowners Eligible for Up to $50,000 in Mortgage Assistance?

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Gwinnett homeowners facing financial hardships due to the pandemic may be eligible for up to $50,000 in mortgage assistance through the Georgia Mortgage Assistance Program. This initiative, administered by the Georgia Department of Community Affairs, is funded by the Homeowner Assistance Fund (HAF) through the American Rescue Plan Act of 2021. If you’re struggling to keep up with your mortgage, now is the time to check your eligibility and apply.

Who Can Apply?

To qualify, homeowners must meet the following criteria:
✔ Be a legal Georgia resident
✔ Have a household income within the Area Median Income limits
✔ Own and reside in the property as their primary residence
✔ Have suffered a significant financial hardship due to the pandemic

Homeowners are encouraged to read the FAQs and watch the resource videos before applying to ensure they understand the process and requirements.

What Assistance is Available?

Eligible Gwinnett homeowners can receive financial aid in the form of a grant, up to $50,000, to help bring their mortgage and other housing-related expenses current. The program provides several types of assistance, including:

1. Mortgage Reinstatement

A one-time payment to the lender to catch up or reduce delinquent mortgage payments.
✔ Must owe three or more mortgage payments
✔ Assistance does not cover payments owed before February 1, 2020
✔ If the delinquent amount exceeds $50,000, a written agreement with the lender is required

2. Principal Curtailment

A one-time payment to reduce the outstanding mortgage loan balance.

3. Mortgage Offset for Permanent Loss of Income

For homeowners experiencing a long-term reduction in income, mortgage offset assistance may be available.

4. Lien Extinguishment

Elimination of a secondary lien on the home.

5. Housing-Related Expense Assistance

The program also covers overdue home-related costs, including:
✔ Delinquent HOA or association fees
✔ Non-escrowed property taxes
✔ Non-escrowed property insurance
✔ Past-due water, gas, and electric bills (only in conjunction with mortgage assistance)

How to Apply

Homeowners must complete an online application and provide supporting documents. Here’s how to get started:

✅ Step 1: Pass the pre-screening questionnaire to check potential eligibility.
✅ Step 2: Create an account with an active email address.
✅ Step 3: Complete the application, including:

Social Security numbers & income details for all applicants
Mortgage statements & requested loan details
Documentation of financial hardship caused by the pandemic
✅ Step 4: Upload required identification, income verification, and property documents.
✅ Step 5: Sign and submit your application electronically.
✅ Step 6: Check your application status weekly for updates.

New Refinance Program – A Long-Term Solution

If you’re looking for a long-term financial solution, the Georgia Mortgage Assistance Refinance Program may help. This option provides a loan with a fixed 3% interest rate to assist eligible homeowners. The refinance program has income and loan amount limits, along with additional underwriting requirements.

Interested homeowners can check the FAQ section or call Customer Service at 1-877-519-4443 for more details.

Take Action Today

If the pandemic has impacted your ability to pay your mortgage or housing expenses, don’t wait to apply for assistance. Gwinnett homeowners can check eligibility and apply online for the Georgia Mortgage Assistance Program.

🔗 Visit the official program website to start your application today!