Wednesday, October 24, 2018 / by Tim Minjares
California Association of Realtor’s just Launched a Mortgage Protection Program for First Time Home Buyers
The criteria to qualify for this program as noted on car.org is:
Be a first-time home buyer – someone who has not owned
a home in the last three years.
Open escrow April 2, 2009, or later, and close on or before
Dec. 31, 2009
Use a California REALTOR® in the transaction
Purchase the property in California
Be a W-2 employee (cannot be self-employed)
With this new program, if you loose your job due to a layoff you could be eligible to receive up to $1,500/month for up to six months. A qualified co-buyer also may be eligible for this program and receive up to $750/month for up to six months. This program also provides benefits for accidental disability and a $10,000 death benefit.
Contact us today to start looking for the home of your dreams!
Nicolas & Jena Jonville
Anne Mahoney, Paige Marvil & Todd Stearman - Realtors
Kate Goodale - Agent/Real Estate Consultant
Fax : 760-471-5642
by RealtyU Group of Real Estate Education
Top Agent for seller representation in 92078
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