California is always innovating, and this is true even in the area of foreclosure assistance. If you live in the state and are behind on your payments, there may be help at www.keepyourhomecalifornia.org.
Eighteen "hardest hit" states including California negotiated a fund of $18 Billion from the federal government to help homwoners stay in their homes.
The three programs that were established in 2010 were :
Each of the Keep Your Home California programs is designed to address one or more aspects of the current housing crisis by doing the following:
Helping lower income folks if they have suffered a hardship such as job loss, death, disability, or if they signed a bad loan such as an ARM or negative ammortization loan like the option ARM.
If this has happened to you, visit this site and keep your home. Many if not most mortgage servicers are participating in this program. You can see if you servicer is participating by going here.
Californians: If you are late on your mortgage payments, do not delay, get in touch with a counselor ASAP. (888) 954-KEEP
No comments:
Post a Comment