California REALTORS are helping first time homeowners

California REALTORS® are helping First Time Homeowners

Are you a first time homebuyer?  Do you plan to purchase a home in California?  Are you a W-2 employee?  These are a few questions if answered "yes" could make you eligible for The California Association of REALTORS® Housing Affordability Fund.  This new program is designed to provide peace of mind to first-time buyers who are hesitant to enter the housing market due to concerns about potential job loss, and subsequently being unable to meet their monthly mortgage obligations.  C.A.R. Housing Affordability Fund is now offering a Mortgage Protection Program.  To qualify for this new program you must be a first time home buyer (not owned a home in the last three years).  You must use a California REALTOR® in the transaction and open escrow between April 2, 2009 and Dec. 31, 2009. 

Are you interested in such a program?  Call me today for details or explore these links:

   
  For a copy of the MPP Application Click here.
 
  This form must be submitted by an active California
  REALTOR® to apply.

  For examples on how the program works Click Here.
   
   For a list of  Frequently Asked Questions Click here