Category: Florida Hardest Hit

Hardest Hit UMAP Details

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Hardest Hit UMAP Details

Program Details: Unemployment Mortgage Assistance Program (UMAP)

UMAP provides up to 12 months of payments with a cap of $24,000 (whichever occurs first) to assist unemployed or underemployed borrowers with their first mortgage payments until they can resume full payments on their own.

Additional criteria. Your monthly payment (including principal, interest, taxes, insurance, and association dues of all secured mortgages) must be greater than 31% of the total household’s gross income after the financial hardship event.

The program will also advance up to $18,000 to reinstate a delinquent first mortgage before UMAP payments begin.

The total amount of assistance available under UMAP is limited to $42,000.

Priority Appraisal and Mortgage Services Inc. is a residential appraisal firm experience in all areas of residential appraising in the Tampa Bay area. Focused in the Pasco, Pinellas and Hillsborough counties for the past 14 years. At Priority Appraisal and Mortgage Services, Inc. our customers are our priority. We provide fast accurate appraisals in a timely manner. We go above and beyond to fulfill your needs with any and all additional market information to serve your requirements.

For more appraisal info visit: http://PriorityAppraisalandMortgageServicesInc.appraiserxsites.com or call Shari Peterman directly at 727-505-6706. I look forward to hearing from you.

Hardest Hit Program Exclusions

aadmii-sledge-hammer-15494292Hardest Hit Program Exclusions

You are not eligible for assistance through the Florida HHF program if one of the below conditions applies to you.

  • You filed bankruptcy and the bankruptcy is active. (If you previously filed bankruptcy and it was dismissed or you received a discharge, then you are eligible to apply for the program.)
  • You have been convicted of a mortgage-related felony in the last ten years.

How can I receive help during the application process?
If during the application process you are unsure as to how to complete the application, or you have
any questions at all, please click the “Assign Me Now” button, which is located throughout the
application. When you click this button, you will be immediately assigned to an advisor that can
assist you through the application process. Once they have reached out to
you, contact them regarding your questions aboutthe application.

Priority Appraisal and Mortgage Services Inc. is a residential appraisal firm experience in all areas of residential appraising in the Tampa Bay area. Focused in the Pasco, Pinellas and Hillsborough counties for the past 14 years. At Priority Appraisal and Mortgage Services, Inc. our customers are our priority. We provide fast accurate appraisals in a timely manner. We go above and beyond to fulfill your needs with any and all additional market information to serve your requirements.

For more appraisal info visit: http://PriorityAppraisalandMortgageServicesInc.appraiserxsites.com or call Shari Peterman directly at 727-505-6706. I look forward to hearing from you.

Hardest Hit Program Exclusions

Hardest Hit Florida Home Eligibility

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Hardest Hit Florida Home Eligibility

Home Eligibility Criteria for UMAP/MLRP

Additionally, your existing mortgage and the property securing the mortgage must meet the below criteria.

  • The property is located in Florida.
  • You occupy the property as your primary residence.
  • The property is a single-family home, a condominium, a townhome, or a one-to-four unit dwelling of which one unit is occupied by the borrower as a primary residence.
  • The property is not abandoned, vacant, or condemned.
  • You do not have more than one property other than your primary residence.
  • The outstanding principal balance on the first mortgage does not exceed $400,000.
  • The mortgage is not seller-financed.

Mobile or manufactured homes are eligible for assistance if on a foundation permanently affixed to real estate that is owned by the homeowners

Priority Appraisal and Mortgage Services Inc. is a residential appraisal firm experience in all areas of residential appraising in the Tampa Bay area. Focused in the Pasco, Pinellas and Hillsborough counties for the past 14 years. At Priority Appraisal and Mortgage Services, Inc. our customers are our priority. We provide fast accurate appraisals in a timely manner. We go above and beyond to fulfill your needs with any and all additional market information to serve your requirements.

For more appraisal info visit: http://PriorityAppraisalandMortgageServicesInc.appraiserxsites.com or call Shari Peterman directly at 727-505-6706. I look forward to hearing from you.

Hardest Hit Florida Home Eligibility