Free Mortgage Insurance Available through 2010
Many don’t realize that they can receive a free mortgage insurance policy if they purchase their home through a California licensed Realtor through the end of 2010. This program will be in effect through the end of the year or until funds are exhausted. There was $1,420,000 allocated to the program. Under this program, first time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month, for up to six months, to help make their mortgage payments. A qualified co-buyer can also participate in the program and receive a monthly benefit of $750 per month for up to six months. To apply for the program you must request an application for the H.A.F. Mortgage Protection Program from your Realtor.
Nancy Puder is the real estate broker at Signature Properties, a prestigious real estate firm in Arroyo Grande, CA. She may be reached (805)710-2415 or Nancy@SignatureProperties1.com www.SignatureProperties1.com
