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The keep your home California program has more lenders participating! There are now 55 lenders that are responsible for 90% of the mortgages in California that participate in this program. This is a $2 billion assistance program that tries to help homeowners stay in their homes. There are four ways this program can help; Unemployment Mortgage Assistance: Mortgage Reinstatement Assistance Program: Principal Reduction Program: Transition Assistance Program
No one knows how this program will affect homeowners in the future or even how it will affect the economy it’s just nice to think that some people are getting help!
If you get approved- There is always a catch!
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