We want to connect, help jobless homeowners with mortgage paymentsPosted: April 19, 2012
Keep Your Home California’s counseling center has been busier than normal in recent weeks, following an aggressive effort to connect with more than 1 million out-of-work residents receiving jobless benefits from the state Employment Development Department.
The program offers as much as $3,000 per month for up to nine months – or $27,000 total – to help financially strapped homeowners with their mortgage payments, giving them the chance to focus on finding work. With the bad economy and the difficult job market, it’s our most popular program.
So far, about 12,000 out-of-work homeowners receiving jobless benefits have called the counseling center in connection to the EDD flyer, but there are many more who could be helped. If you’re aware of a jobless homeowner who could benefit from Keep Your Home California, please let them know about the Unemployment Mortgage Assistance Program (click here for more information http://www.keepyourhomecalifornia.org/uma.htm.)
Sure, the program has eligibility requirements, including income limits and your mortgage servicer must participate in Keep Your Home California, but it’s not as difficult as you may think. You can check income limits at http://www.keepyourhomecalifornia.org/files/income.pdf and the list of participating servicers at http://www.keepyourhomecalifornia.org/participating.htm. By the way, all 65 servicers participating in Keep Your Home California are enrolled in the Unemployment Mortgage Assistance program.
Of course, with the EDD flyer hitting mailboxes in recent weeks, calls have greatly increased at the counseling center. We’ve increased staffing to accommodate the calls and ease the wait, but as you can imagine, there are many Californians seeking help from the program. We would appreciate your patience, and remember that we’re open 7 a.m. to 7 p.m. weekdays, and 9 a.m. to 3 p.m. Saturdays. The best days to call are Thursdays, Fridays and Saturdays, when the counseling center receives fewer calls.