Common use of Duration of Assistance Clause in Contracts

Duration of Assistance. The duration of the assistance is determined by the individual need of each eligible borrower up to the maximum household limit of $6,000. The homeowner may continue receiving assistance for up to 2 months after reemployment as long as the program household limit has not been reached. Assistance will be distributed to the lender/servicer on a monthly basis.

Duration of Assistance. The duration of the assistance is determined by the individual need of each eligible borrower up to the maximum household limit of $6,000limit. The homeowner may continue receiving assistance for up to 2 months after reemployment as long as the program household limit has not been reached. Assistance will be distributed paid directly to the lender/servicer existing servicer, municipality, association, insurer or lien holder and may be distributed in a lump sum or on a monthly basisbasis until the maximum program amount is reached.

Duration of Assistance. The duration of the assistance is determined by the individual need of each eligible borrower borrower, but is up to three (3) years of payment assistance or the maximum household limit of $6,000limit, whichever is reached first. The homeowner may continue receiving assistance for up to 2 two (2) months after reemployment or substantially increased employment, as long as the program household limit has not been reached. Assistance will be distributed paid directly to the lender/servicer existing servicer, municipality, association, insurer or lien holder and may be distributed in a lump sum or on a monthly basisbasis until the maximum program amount is reached.