Mortgage Foreclosure Prevention

The Osceola County Mortgage Foreclosure Prevention Program will provide assistance to eligible applicants who are delinquent in their mortgage payments, but whose homes have not yet had a foreclosure sale date set.

Any individual or household who meet the following criteria:

1. Applicant’s annual household income may not exceed 120% of the area median income for Osceola County.
2. Applicants must have owned and lived in the home for a least one 1 year.
3. Applicants must provide proof of eligible hardship per Osceola County guidelines.
4. Applicants must provide proof of future management.
5. Applicant must have received notice stating delinquency of mortgage.

There are two (2) steps that must be completed before receiving this assistance:

• Call the Housing & Community Services Office at (407) 742-8400 and do a phone intake, where your information will be taken to determine your qualification.
• Obtain a “Taking Control of Your Money” certificate of completion from the Osceola County Extension Service office. Call (321) 697-3000 for dates and registration, or visit the UF/IFAS Extension Osceola County website.

The foreclosure assistance is a soft second lien for two (2) years in an amount of $1,501.00, up to $10,000.00 for those eligible. The assistance may not exceed the maximum amount for mortgage payments, late fees and eligible attorney fees.

No, unless the property is not owner/applicant occupied for the term of the lien (2 years). In that case, the full amount of assistance will be due back to the county.

We will get written confirmation of acceptance of mortgage payments before we can mail out the funds.

We will give you the maximum amount of $10,000 and you will have to bring to us the balance to be mailed with our funds to your lender.

Applicants will not be eligible if the mortgage foreclosure process has already been started by the first mortgage lender.

Please read the documents at the bottom of this page to view the specific requirements.

Yes, you must have some verifiable income. Verifiable income includes:

• Salary
• Social Security Benefits
• Department of Children & Families (cash assistance)
• Child Support
• Pension
• Veterans Benefits