Mortgage Assistance

This information can change, please double-check sources for information, and continue to monitor sources or back here for updates.

As of September 14, 2020, Oregon Homeownership Stabilization Initiative opened their COVID-19 Mortgage Assistance Program.  You can learn about eligibility requirements and the application process at OHSI's website.


Effective August 31, 2020, Governor Kate Brown has extended the legislature's foreclosure moratorium through December 31, 2020. 

In June, the Oregon State Legislature passed House Bill 4204 which provides temporary relief from mortgage payments and prohibits lenders from pursuing foreclosures against homeowners or other borrowers.  The law provides basic protections from March 8, 2020- September 30, 2020.  Governor Kate Brown has the authority to extend the moratorium. Missed payments will be due at the end of the borrower's loan term if other arrangements are not made with the lender.  

Know Your Rights: Foreclosure Moratorium FAQs

Conocer Sus Derechos: Moratoria de ejecución hipotecaria

 

Homeowners with federally backed mortgages may be eligible for additional protections under the federal CARES Act through December 30, 2020.

HUD Cares Act Mortgage FAQ

Do I have a federally backed mortgage?

 

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