Mortgage Help - Shore Mortgage Announces Second Round Of Mortgage Assistance And Grants

Shore Mortgage is earmarking another $100,000 to its “We Understand” initiative that rewards those homeowners who have kept current their mortgage payments despite having made applications for economic assistance at any Michigan lending institution.

“Giving continues to be our corporate policy,” says Shore Mortgage President, Robert Rahal.

Moved by families’ needs during the first $1000 for 100 families program, the Michigan company is now in the process of delivering the second “We Understand” program for “forgotten homeowners” and is issuing a last call for entries.

Rahal explains, “We are passionate about the people who do everything right. They are in true need of assistance today. They cut back on their spending so that they can pay their obligations, and their reward for being responsible is that they are ignored. Today’s national spotlight continues to be on foreclosures, but no one is talking about assisting these conscientious people as they have no foreclosure or repossession issues. They are truly the forgotten Michigan residents.”

Added Rahal, “This is the second launch of our outreach. Therefore, we are continuing to search for homeowners who do make their mortgage payments responsibly, who could use extra financial help (one to three months’ mortgage payments, up to $1000) at this time so they can dedicate their hard earned funds for other purposes. Each of the selected applicants will receive a check payable both to the applicant and to their own mortgage company. Our ‘WE UNDERSTAND’ program will free up funds for other family objectives.”

This second initiative is available to people residing in Wayne, Macomb, Oakland, Washtenaw, Livingston, Genesee, Monroe, St. Clair and Lapeer Michigan counties. The deadline to enter is midnight December 10, 2010. Winning entrants are expected to be made public by December 15, 2010.