Friday, April 8, 2011

Good News in California!

The California Housing Finance Agency (CalHFA), a state agency to help homeowners, broadened its eligibility for a number of its programs to help California homeowners qualify for these programs dedicated to help homeowners in danger of losing their homes avoid foreclosure.The program, Keep Your Home California, is a federally funded program with $2 Billion to assist homeowners avoid foreclosure. There are three programs in this overall Program: Unemployment Mortgage Assistance, Mortgage Reinstatement Assistance, and Transition Assistance. UMA can provide up to $3,000 month;y if you can't pay your loan because of unemployment;MRA pays up to a max of $15,000 based on you documenting a financial hardship that';s preventing you paying your mortgage; and TA will help by funding your relocation costs if you are losing your home by foreclosure or deed in lieu. Each case is decided on its own merits. For more info, call your lender or servicer NOW!

GOOD LUCK!

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