If you are a Camarillo homeowner and currently unemployed you may qualify for up to $3000/month mortgage assistance for up to six months while looking for a new job.
The program called Keep Your Home California, will use nearly $2 billion in Federal funding to help California homeowners who are struggling to make their mortgage payments.
If you are a Camarillo homeowner who can take advantage of this offer you are asked to call your mortgage provider for assistance.
Who Qualifies for CALHFA Program:
The homeowners’ eligibility requirements for this program include, but are NOT limited to:
- Occupy home as their primary residence
- Current unpaid principal balance of first mortgage cannot exceed $729,750
- Meet low or moderate income limits for Camarillo
- Complete and sign a hardship letter
- Mortgage loan is delinquent or in imminent default
NOTE: A homeowner cannot receive assistance if their mortgage provider has not signed an agreement with California Housing Financial Agency Mortgage Assistance Corporation (CALHFA MAC).
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