E.J. Murphy Realty
Heather Turri, E.J. Murphy RealtyPhone: (860) 605-5056
Email: [email protected]

The basics of mortgage relief

by Heather Turri 06/08/2025

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

Heather Turri

As a lifelong resident of Litchfield County, Heather is quite familiar with the beautiful Northwest Corner of Connecticut.  In partnership with her husband at Turri, Inc., in Torrington, she managed and grew a 30+ employee electrical contracting firm that served both the residential, commercial and industrial industries.  Currently residing in Goshen she hopes to transfer and utilize many of the skills she learned in contracting to the real estate industry.

Knowing how a vital community relies on its volunteers, Heather spent many hours in several capacities at local organizations that she admires.  She serves on the Woodridge Lake Finance Committee and House Committee,  Victoria Court Condominium Association (secretary) and Educating Canines Assisting with Disabilities (volunteer and nursery mom).  Heather has also been involved with Goshen Community Care & Hospice (president of board of directors), Warner Theatre (board of directors), LARC (volunteer), Festival of Trees (founder), the Northwest Chamber of Commerce, and Goshen Business Circle.  Heather also served as Vice President of Woodridge Lake’s Board of Directors.

In Heather’s spare time, she enjoys spending time with family usually in an active way by playing tennis, golf, boating, hiking and skiing.

Heather is honored to be a part of the E.J. Murphy team and hopes you will contact her with any of your real estate needs.