N.C. Foreclosure Prevention Fund

The N.C. Foreclosure Prevention Fund™ helps North Carolina homeowners who are struggling to make their mortgage payments due to job loss or temporary financial hardship. For qualified homeowners, the Fund can provide an interest-free loan of up to $36,000 to pay your mortgage and other related expenses for up to 36 months while you search or retrain for new employment. The loan can also be used to bring your mortgage current. If you are currently employed but have a second mortgage that is unaffordable because of a prior job loss or reduced income, the Fund offers an interest-free loan of up to $50,000 to pay off your second mortgage.

We offer the Fund in partnership with the N.C. Housing Finance Agency using funds from the U.S. Treasury. The Fund provides assistance at no cost to you. To learn more about the N.C. Foreclosure Prevention Fund™, go to www.ncforeclosureprevention.gov.



Quotes from happy clients:

“THANK YOU so much!  I really appreciate this program and the piece of mind you are providing me at this point!  Have a great weekend!”

“I would like to Thank The White Oak Foundation for assisting my husband and I with getting aid in keeping our home.  Since I have been laid off it has been very difficult to find work despite my efforts.  If it were not for this agency we would be homeless by now, I only pray that others take advantage of this program and are able to keep their homes.”

“My husband and I are so grateful to you and all the staff at White Oak for your assistance while applying for the NC Forclosure Prevention Fund. This fund has been a life line for us since my unemployment ended and we would have been in financial crisis and not able to pay our mortgage. This fund has made it possible for me to continue searching for work and also start my own business which I am hopeful will be a success.”

“This is a wonderful program for those in need.  We are so thankful we have been able to stay in our home and are being given a chance to get back on track.”