5. Home Affordable Unemployment Program (UP)

5. Home Affordable Unemployment Program (UP) Obviously, having no job makes it much more difficult to stay current on mortgage payments. HUD developed the Home Affordable Unemployment Program (UP) specifically for homeowners who are unemployed. UP can lower mortgage payments to 31 percent of your income, or put a 12-month or longer freeze on them. UP Eligibility Eligibility requirements for the Home Affordable Unemployment Program include: You are presently unemployed and qualify to receive unemployment benefits. You live in your home and it’s your primary residence. You have never received a HAMP loan modification. You obtained your mortgage on or before January 1, 2009 and owe up to $729,750.