Am I Eligible?
By answering a few simple questions, we can determine whether you may qualify to begin an SC HELP application. These questions apply to both you and any co-borrower on your current loan.
Step 1: Check to be sure your servicer is NOT on the Non-Participating Servicers and Lenders list.
Step 2: If you are eligible to apply for SC HELP assistance, you will need the following information in order to complete the initial application:
- Social security number for everyone in the household over 18 years of age
- Total gross monthly income for all household members over 18 years of age
- Bank statements – current balances for checking, savings and 401K
- Mortgage information – name of lender, account number, account balance, monthly payment
Step 3: Take the eligibility questionnaire to find out if you may qualify for assistance through the SC HELP program.
Are you behind on your mortgage payments now?
Do you own the home and live there as your full-time, primary residence?
Was your original mortgage loan amount less than $729,751?
Are you or the co-borrower currently in active bankruptcy?
Are you actively working with your lender to complete a deed-in-lieu of foreclosure or short-sale?
Please choose the reason that BEST DESCRIBES why you are behind on your mortgage or unable to afford your mortgage (You may only choose ONE, so pick the scenario that best describes your situation.):
I (or the co-borrower) am currently unemployed and am either receiving unemployment insurance payments or had my unemployment insurance payments expire in the last year.
I (or the co-borrower) am employed, but my hours or pay rate have been cut and I cannot afford my mortgage payment.
I (or the co-borrower) am self-employed, but my income has dropped and I cannot afford my mortgage payment.
I (or the co-borrower) recently experienced a permanent cut to income (such as retirement or permanent disability), and I cannot afford my mortgage payment.
My spouse or co-borrower recently passed away and I got behind on my mortgage payments.
I was recently divorced or separated from my spouse and I got behind on my mortgage payments.
I (or the co-borrower) recently had major medical problems that caused me to get behind on my mortgage payments.
My mortgage payment, taxes or insurance has gone up, making it hard for me to afford my mortgage payments.
My other household expenses and bills have made it hard for me to afford my mortgage payments.