Don’t drown in your mortgage

Do you owe more on your mortgage than your home is worth? A new, limited-time, federally funded state initiative called Underwater Georgia (www.underwatergeorgia.org) may be able to help.

For eligible applicants, Underwater Georgia may be able to provide a one-time payment of up to $50,000 to reduce the principal balance on your home.

From now until Oct. 18, visit underwatergeorgia.org to determine if you may qualify and begin a pre-application. Because demand for the program is expected to far surpass total resources available, Underwater Georgia will operate through a random third-party selection process. Once funds have been exhausted, the program will close.

To qualify, homeowners must meet several criteria about how long they’ve owned the home, total mortgage balance and loan to value ratio, total household income and assets, and other factors. Applicants cannot have previously received assistance through Homesafe Georgia.

Don’t miss this limited-time opportunity to see if you qualify. Visit underwatergeorgia.org today.

NWGRC has been chosen as a 2016 NADO Innovation Awards recipient!

NWGRC will be recognized at a special reception during NADO’s 2016 Annual Training Conference to be held October 15-18 in San Antonio, TX and will also be featured in an interactive online Story Map.  The award was earned for the transformative work being done in Region 1 in regards to approaches to regional economic and community development, as well as their Mobile Career Center.