Late Mortgage Payments? New Program May Be Able to Help

By January 10, 2022 Recent Disasters

The State of California has launched a new program to assist homeowners that are behind on their mortgage payments. The California Mortgage Relief Program is part of the State’s Housing is Key initiative.

Eligibility:

  • Eligible applicants must be at or below 100% of their county’s Area Median Income
  • own a single-family home, condo or permanently affixed manufactured home
  • have faced a pandemic-related financial hardship after January 21, 2020, and also meet at least one of the following qualifications:
    • Receiving public assistance;
    • Severely housing burdened; or
    • Have no alternative mortgage workout options through your mortgage servicer.

Click here to see details about eligibility requirements.

Homeowners that are interested in applying can do so by visiting https://camortgagerelief.org/

 

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