Mortgage Protection Program helps unemployed in CA

In April of this year, the California Association of Realtors' non-profit organization called the Housing Authority Fund launched what they call their C.A.R. H.A.F. Mortgage Protection Program.

In short, this new program was created to provide some relief for new homeowners who loose their job.

Here are the basics:
1.) You must be a 1st time homebuyer in the state of California
2.) You must open escrow on 4/2/09 or later and close escrow before the end of 2009.
3.) You must use a California Realtor(R)
4.) You must be a w-2 employee (cannot be self employed)

If you'd like to know more, please check out the details at the CAR website: http://www.car.org/aboutus/hafmainpage/carhafmortgageprotection/

Mitch Todd/Realtor

415-259-7082