Keller Williams Realty ~ Silicon Valley Blog: HAF

Thursday, June 11, 2009

HAF - Mortgage Protection Program

Hi Debra à

Please include the following message on tomorrow’s blog. Thanks! Julie

Hi Fellow KW Agents ~

Mike Sibilia mentioned this wonderful mortgage protection program during our Risk Management Class on Thursday. I wanted everyone to be aware of the program.

On Thursday, April 2, 2009 the Housing Affordability Fund launched a new program 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. See the website link below. It’s simple to register! Qualifications are as follows…

     To qualify for the Mortgage Protection Program,
      Applicants must:

.. · Be a first-time home buyer – someone who has not owned
      a home in the last three years.

· Open escrow April 2, 2009, or later, and close on or before
      Dec. 31, 2009

· Use a California REALTOR® in the transaction

· Purchase the property in California

· Be a W-2 employee (cannot be self-employed)

http://www.car.org/aboutus/hafmainpage/carhafmortgageprotection/

Thank you,

Julie Crisafulli

ALC Education Committee

Julie Crisafulli -