CAR Housing Affordability Fund Mortgage Protection Program – FREE Mortgage Protection Program for First-Time Buyers
Submitted by Cheryl Bower on September 11, 2009 – 8:41 AMNo Comment
To qualify for the Mortgage Protection Program, applicants must:
• Be a first-time home buyer – someone who has not owned property in the last 3 year (includes a co-buyer)
• Open escrow April 2, 2009, or later, and close on or before December 31, 2009 (purchase agreement cannot be dated before April 2, 2009)
• Use a California REALTOR® in the transaction
• Purchase the property in California
• Be a W-2 employee (cannot be self-employed)
Additional program details and instructions are available at www.carhaf.org.
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