Charlottesville Short Sale Agents | Emergency Homeowners Loan Program (EHLP)

Charlottesville Short Sale Agents | Emergency Homeowners Loan Program (EHLP)

Charlottesville Short Sale Agents | Stop Foreclosure

Are you in danger of losing your Charlottesville home to foreclosure? Piedmont Housing Alliance (PHA) has been approved to offer Charlottesville area homeowners facing foreclosure help through a brand new federal program, the Emergency Homeowners Loan Program (EHLP). EHLP is designed to provide emergency mortgage assistance to homeowners who are temporarily and involuntarily unemployed due to the economy or a medical condition and are at risk of foreclosure. Eligible homeowners may qualify to receive a 0% interest, forgivable loan that pays past due mortgage payments, as well as a portion of the homeowners future payments up to 24 consecutive months, not to exceed $50,000.

Piedmont Housing Alliance is currently accepting pre-applications for the program until July 22, 2011. Demand for EHLP emergency mortgage assistance is expected to be extremely high. If there are more potentially eligible homeowners than there are funds available to assist them, homeowners with eligible pre-application screening worksheets may be entered in a random lottery. Homeowners selected through the lottery will be contacted and given an appointment to complete a full EHLP application. If you or someone you know is behind on their mortgage payments due to unemployment or a medical condition, contact PHA immediately.

Piedmont Housing Alliance
1215 East Market Street, Suite B
Charlottesville, VA 22902
(434)817-2436, EXT 105

View more information about the Emergency Homeowners Loan Program at or call the toll-free EHLP hotline at (855)346-3345. Please note there are NO FEES associated with the EHLP loan program. Any company asking for a fee to participate in the program is probably a scam.

As Charlottesville short sale agents, our favorite alternative to foreclosure is to help homeowners stay in their homes. Unfortunately, the EHLP loan program won’t be able to help all homeowners. Due to the limited availability of funds, some qualified homeowners will not be selected to complete a full EHLP application. Futhermore, all homeowners who complete a full EHLP application may not be approved to receive assistance. If you have exhausted all options to stay in your home, you still may qualify to avoid foreclosure through the short sale process. Contact an experienced Charlottesville Short Sale Agent today for a FREE, no obligation, confidential consultation to evaluate your options.

Photo Credit: Respres on Flickr (CC BY 2.0).

The content provided is for informational purposes only. We can not give legal or tax advice. It is highly recommended that you consult with an attorney and tax accountant regarding the specifics of your situation to determine the best solution for you.

Copyright © 2011 by Allegra Williams
Charlottesville Short Sale Agents | Emergency Homeowners Loan Program (EHLP)


Published by Allegra Williams

Allegra Williams is a full-time residential Charlottesville VA REALTOR®. As a Certified Distressed Property Expert, Allegra helps homeowners facing financial distress sell their homes through the successful negotiation of a short sale. Allegra serves Charlottesville and the surrounding counties of Albemarle, Greene, Fluvanna and Louisa.

Join the Conversation


  1. As Charlottesville Short Sale Agents you help distressed homeowners to sell their home and avoid foreclosure. Every once in a while, there are programs, such as the EHLP loan program, that are designed to help people stay in their homes. However, this program is so limited in funding. Therefore, it would be a good idea for homeowners to continue to research the option of a Charlottesville Short Sale, while they are waiting to see if they will be approved for the EHLP program.

  2. This is a wonderful article full of great information for sellers trying to avoid foreclosure, Allegra. As the expert Charlottesville short sale agent in this area, you certainly go the second and third mile to help your community.
    Thanks for sharing!

Leave a comment

Your email address will not be published. Required fields are marked *