Sec. 103. mortgages eligible for assistance
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## Sec. 103 mortgages eligible for assistance **[**[12 U.S.C. 2702](/us/usc/t12/s2702)**]** No assistance shall be extended with respect to any mortgage under this title unless— ####
(1)the holder of the mortgage has indicated to the mortgagor its intention to foreclose; ####
(2)the mortgagor and holder of the mortgage have certified that circumstances make it probable that there will be a foreclosure and that the mortgagor is in need of emergency mortgage relief as authorized by this title; ####
(3)payments under the mortgage have been delinquent for at least three months; ####
(4)the mortgagor has incurred a substantial reduction in income as a result of involuntary unemployment or underemployment due to adverse economic conditions or medical conditions and is financially unable to make full mortgage payments; ####
(5)there is a reasonable prospect that the mortgagor will be able to make the adjustments necessary for a full resumption of mortgage payments; and ####
(6)the mortgaged property is the principal residence of the mortgagor.
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Sec. 103
mortgages eligible for assistance
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