Posted by: Catherine | January 12, 2011

Mortgage Help for Unemployed Californians – don’t lose your home

Have you found yourself unemployed? If you want to save your home, want to avoid a short sale, a foreclosure or any other solution that results in the loss of your house, California has a new program that may be able to help you.

CalHFA (California Housing Finance Agency) has started up a program to aid the unemployed in California.

You can read a local article here:

CalHFA mortgage aid program for jobless begins

From the article:

“On Monday, more than two months behind schedule, the California Housing Finance Agency will begin taking applications for a federally funded program that will give some unemployed homeowners up to $18,000 each over six months to pay their mortgage.

To qualify, homeowners must meet income and other restrictions and their loan servicer must participate in the program. As of Friday, only three servicers had signed up, but CalHFA expects to have up to 10 by the end of this week.”

Check out more available through CalHFA within their “Keep your home California” programs.

See out if they can help you: Keep your Home California by CalHFA

This is an excellent use of federal funds to help our neighbors here in California to KEEP THEIR HOMES.  I’ve long said , that keeping people in their homes should be the first priority of our government, and not bailing out more billion dollar corporations (banks).  Thank you CalHFA.  I certainly hope this program will help many, and I hope it can help you!

Catherine Myers
Broker Assoc
Windermere Bay Area Properties
Walnut Creek, CA

Contra Costa homes for sale, real estate, short sales, foreclosures.  Serving Walnut Creek, Concord, Clayton, Pleasant Hill, Martinez, Lafayette, Orinda, Antioch, Pittsburg, Brentwood, Bay Point, Alamo, Danville, San Ramon, Dublin and surrounding Contra Costa and Alameda areas.

Free telephone consults for local short sales, referrals to real estate, short sale, tax, bankruptcy attorneys and/or CPAs.

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