- Posted March 27, 2012 by
This iReport is part of an assignment:
In need of a Money Coach?
DISABLED AND AFRAID OF LOSING MY HOME
The amount of money that I bring in every month is less than a two-week paycheck. Although, I am current on my mortgage payments, I have a variable rate interest on my home that adjusts every August. I have sought assistance through the Making Home Affordable and HAMP programs with no help. Making Home Affordable said that my situation required that I be a beneficiary to unemployment compensation to receive help. HAMP said that I no longer make enough income to support a house payment. I am afraid that once interest rates regain there upward momentum, I will be priced out of my house. Yet, I cannot refinance because I have no job and have very little income. My house payment is considerably less that $1,000/month. Therefore, renting an apartment would not be any cheaper.
I am uncertain why the government was so willing to help those on unemployment compensation and yet, could not extend a helping hand to the disabled. It seems that the unemployed will be employable in the future. Unfortunately, I will always be disabled. I need help staying in my home. Are there any programs that can help me?