(KMOV)-- If you have lost your job and your struggling to pay your mortgage you might be eligible for mortgage assistance from the federal government.
HUD announced on Tuesday a $1 billion worth of funds to help struggling homeowners.
To qualify you must be at least three months behind on your payments, you have to prove a job loss, and be able to show you were making the payments before you lost your job.
HUD says this program will also benefit homeonwers who have no trouble making their payments.
HUD intends to start taking applications for the program later this year, you must apply through a qualified HUD counselor.
More information about HUD and its programs is available on the Internet at www.hud.gov