Free financial help for people facing mortgage stress


December 16, 2024

People struggling with mortgage repayments can access a free service dedicated to helping homeowners stay in control of their finances.

Mortgage Stress Victoria's (MSV) team of financial counsellors, lawyers and social workers help homeowners by negotiating affordable repayments and protecting their legal rights as well as offering emotional support.

Since 2022, MSV has helped prevent home repossession in more than 190 cases, with around one-third of its clients being victim-survivors of family violence.

MSV can help at any stage of mortgage stress, whether the payments are up to date or if there are court orders for repossessing your home. Victorians can access support if they live in their mortgaged primary residence, own only one property and have a household income of $75,000 or less, or are affected by family violence.

For more information on Mortgage Stress Victoria, call 1800 572 292 or visit mortgagestress.org.au.

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