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www.DeStateHousing.com
Interfaith Community Housing of Delaware, Inc.
Wilmington, DE ......................................(302) 652-3991
Dover, DE ...............................................(302) 741-0142 1-888-363-8808
www.ichde.org
Because unforeseen financial hardships can DEMAP offers two different types of loans: To be eligible for a DEMAP loan, the home-
bring the threat of foreclosure to even the owner should:
n Non-Continuing - With this type of
most responsible of homeowners, Dela-
loan, DEMAP makes a one-time pay-
ware State Housing Authority (DSHA) has n Be a resident of Delaware
ment to reinstate the delinquent mort-
created the Delaware Emergency Mortgage
gage and real estate taxes. This type of
Assistance Program (DEMAP). DEMAP is a n Be 90 days or more delinquent in
loan is available to applicants who are
loan program that provides Delaware monthly mortgage payments
fully capable of resuming payments after
homeowners with assistance in preventing
the mortgage is brought up to date by
residential mortgage foreclosures that result n Have held a good mortgage history/
DEMAP.
from circumstances beyond the home- credit score prior to the delinquency
owner’s control. Such circumstances may n Continuing - In addition to reinstating
include: the delinquent mortgage and real estate n Be suffering financial hardship beyond
taxes, DEMAP also assists the bor- his or her control
n Temporary loss of employment rower with his or her monthly mort-
due to layoff, strike, or plant closing gage payments for a period of up to 12 n Demonstrate a reasonable prospect of
months from the beginning of the being able to resume mortgage pay-
n Illness, disability, or death delinquency. ments in the near future