Protecting & Preserving Homeownership

The South Dakota Native Homeownership Coalition designed the Native Homeownership Protection Plan to channel financial support through our member organizations to homeowners and small businesses that are facing challenges due to the COVID-19 pandemic.

There are a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. The majority of these programs are administered through the U.S. Treasury Department and HUD. This page provides a summary of these various programs.

These 10 tips help homeowners who are having trouble keeping up with their mortgage payments. 

If you are experiencing a financial hardship due to the coronavirus national emergency, or having difficulty making on time mortgage payments, forbearance may be an option for you.

Your mortgage relief options depend on who owns or backs your mortgage, the programs they offer, and the eligibility criteria they set. Here we’ll explain how to find out what you may qualify for.

While you’re in the forbearance period, or working under another mortgage relief option, there are a number of things to do to continue to protect yourself.

Amid COVID-19, housing professionals and lenders are adjusting in order to meet changing borrower needs. Take a look at these resources from Freddie Mac for addressing unique industry challenges while supporting borrowers and empowering them with education.