Missing a mortgage payment can be stressful and financially risky. While one missed payment might not mean foreclosure right away, it can put you in a tough financial position.

The good news is that there are several solutions to help paying mortgage in TN, including Tennessee title loans for fast cash assistance. Let’s explore five options that can help you stay on top of your mortgage payments.

5 Ways to Get Help Paying Mortgage in Tennessee

1. Tennessee Homeowner Assistance Fund

The first option you have if you need help paying mortgage in TN is the Tennessee Homeowner Assistance Fund. This is a program that was launched by the Tennessee Housing Development Agency that helps those who were hit hard during the pandemic. With this program, you can get up to $40,000 to help pay housing costs like current mortgage payments or late mortgage payments.

The thing about this fund is you have to experience a qualified financial setback after January 21, 2020. You must also currently live in the home and own it. And your annual household income must be less than $119,850. Of course, there are other guidelines, but you can get the application started on the Tennessee Housing Development Agency website.

2. Talk to Your Mortgage Lender About Payment Plans

Another option to get you help paying mortgage in TN is to just talk to your mortgage lender. Your lender might offer financial plans that can help make paying your mortgage easier on you. Just know that when you call, you will have to explain your income and whether your problem will be a temporary or a permanent issue. You will also have to explain why you cannot make your payments.

3. Apply for Mortgage Assistance Through HUD

The third option you have is the U.S. Department of Housing and Urban Development to get help paying mortgage in TN. Through HUD you can find financial programs that can help you avoid foreclosure and handle your payments. You can also find financial counseling through HUD-approved agencies. This counseling can help you understand your mortgage and your finances better.

 

 

4. Tennessee Hardest Hit Fund

The fourth option you have is the Tennessee Hardest Hit Fund to get you help paying mortgage in TN. This is a fund the state of Tennessee created with government funds to help those on the verge of losing their homes. This can include those who have received a pay decrease or even sudden unemployment and can no longer afford their mortgage.

5. Consider a Tennessee Title Loan for Fast Mortgage Relief

If you need immediate cash and don’t qualify for government assistance, a Tennessee title loan from TennesseeTitleLoans,Inc.com can provide the fast financial relief you need.

What Is a Tennessee Title Loan?

A title loan allows you to use your vehicle’s lien-free title as collateral to get cash quickly. With Tennessee Title Loans, Inc., you can qualify for $300 to $2,500, depending on your car’s condition.

Benefits of Getting a Tennessee Title Loan:

• Fast cash in as little as 30 minutes
• Bad credit? No problem! No credit check required
• Keep driving your car while repaying the loan
• Flexible loan amounts based on your vehicle's value

Apply for a Tennessee Title Loan Today and get the cash you need!

How to Get a Tennessee Title Loan in 3 Easy Steps

1. Submit an Online Inquiry

Fill out the quick and easy title loan form on our website.

2. Meet a Loan Representative for a Vehicle Inspection

Bring your vehicle, lien-free title, and a valid ID to the nearest Tennessee Title Loans, Inc. location.

3. Get Approved & Receive Your Cash

If approved, you’ll get your title loan money the same day or by the next business day!

Start Your Title Loan Application Now.

Get Help Paying Mortgage in Tennessee Today!

Need help paying mortgage in TN? The good news is any one of our options can help you out when you really need it. So if you find that you are about to pay your mortgage late or you’re already late, check out one of our options. 

Need cash quickly? Apply for a Tennessee Title Loan today and get the funds you need to stay on top of your mortgage payments!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.