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JoAnn M. Drabble, Keller Williams ElitePhone: (508) 930-1711
Email: [email protected]

A general guide to mortgage relief

by JoAnn M. Drabble 07/16/2025

A general guide to mortgage relief featured image

Unexpected events can happen at any time and may have a large impact if you’re a homeowner. Mortgage relief offers assistance to homeowners in need of aid on their mortgage which can ease some financial burdens. 

What is the American homeowner relief program?

The American homeowner relief program was created to protect homeowners from perils such as loss of utilities, foreclosure and other risks that can put homeowners' place of dwelling in jeopardy. These perils may come about due to economic reasons, loss of employment, medical debt and more.

Relief options may include but are not limited to: 

  • Waiving late fee penalties.
  • Adjustments to mortgage payments to offer homeowners the chance to make lower monthly payments in the event of financial hardship. 
  • Forbearance, which suspends your monthly mortgage payment for a set amount of time. 

How do you qualify for a mortgage stimulus?

To qualify, the home you apply for must be your primary residence. State requirements may differ, however most states require proof of income at or below the median income level. 

The balance of the mortgage must be below $548,250 and the amount received in your stimulus package will vary per state. 

Once you’ve qualified for a mortgage stimulus, funds may be used for: 

  • Monthly mortgage payments.
  • HOA fees. 
  • Homeowners insurance payments. 
  • Monthly home utlities (water, electricity, gas, etc.). 
  • Internet.
  • And more. 

If you need mortgage relief, consider speaking with your mortgage lender to get details on your state's relief package and what’s needed for your household to qualify.



About the Author
Author

JoAnn M. Drabble

JoAnn Drabble prides herself in making a "personal investment in each client”. With over ten years of experience working as a paralegal for various law firms, JoAnn brings significant legal expertise to her work. She understands the ins and outs of the real estate business and follows through on her sales from start to finish. She is often praised for her attention to detail in all aspects of a sale.

Working as a full-time professional in the real estate industry for 27 years, JoAnn has continuously been a top sales producer. She attributes her successful sales’ results to the personal relationships that she forges with her clients. Her years of experience combined with her outgoing personality and compassionate nature enable her to understand both the stated and unspoken needs of clients who are buying and selling their homes. JoAnn stays current with changing market conditions and trends in order to provide exceptional service and ensure a timely sale.

Her perseverance and real estate market savvy help her achieve 100% client satisfaction. The relationships that JoAnn forms with clients often last long after the purchase or sale of a home. Her clients’ satisfaction is her top priority and drives her to consistently exceed her performance goals and expand her growing referral base.