Mortgage Assistance

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

As of March 31st, 2021, Oregon Homeownership Stabilization Initiative closed their COVID-19 Mortgage Assistance Program.  However, Oregon is in the process of setting up the Homeownership Assistance Fund. The fund currently awaiting guidance from the US Treasury, but plans to open later this fall.


Effective August 16, 2021, Governor Kate Brown has extended the legislature's foreclosure moratorium through December 31, 2021. 

This moratorium prevents Oregonians who own their homes from losing their homes to foreclosure if they have lost income and been unable to pay their mortgage during the COVID-19 pandemic. House Bill 2009 authorized the governor to extend the mortgage foreclosure moratorium period for two successive three-month periods beyond June 30. The Governor previously issued Executive Order 21-14, extending the moratorium until September 30, 2021. The extension until December 31 is the last extension allowed under House Bill 2009.

 

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?

Department of Consumer and Business Services: Emergency steps for mortgage loans

Further mortgage assistance programs and resources across Oregon can be found here

 

If you would like assistance finding resources, contact us.