California Realtors Offer Mortgage Assistance for Unemployed

The California Association of Realtors (CAR) announced last week the launch of a new program designed to provide first-time homeowners with mortgage payment assistance in the event of a job layoff.

Last year CAR partnered with their Housing Affordability Fund to provide eligible first-time homeowners with up to $1,500 per month for up to six months to help cover mortgage costs if they were to lose their jobs.

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