38,768*

Californians have qualified so far.

Maybe we can help you keep your home, too.

Find out if you qualify!

Testimonials

Unemployment Mortgage Assistance program helps Al save his home – and his dream

Soon after Al R. bought his dream house, he lost his great-paying job.

Like many homeowners in recent years, the American Dream had become a real-life nightmare – and an everyday struggle.

Al and his family made a few mortgage payments and then got behind. Then, he came across a mailer about Keep Your Home California, the free mortgage-assistance program that has helped more than 30,000 homeowners since February 2011.

“We thought it was too good to be true,” says Al, who applied twice for the program. “There was some serious nail-biting whether we were going to keep our home. One of our biggest fears was that the program would end before we were approved.”

The program will not end anytime soon. Keep Your Home California received almost $2 billion from the federal government, so there are quite a few dollars still available for financially strapped homeowners.

Al was approved for the Unemployment Mortgage Assistance Program, which offers as much as $3,000 per month for up to 12 months. Homeowners who meet the program income limits and are also collecting jobless benefits from the Employment Development Department, are eligible for the program.

“It really works; it’s what we needed,” says Al, who lives in the Sacramento region. “We’re so grateful.”

Now, he talks about the program when he comes across homeowners struggling with their mortgage payments.

“We can’t be more appreciative or more supportive of the program,” says Al, whose daughter also benefited from the Unemployment Mortgage Assistance program in recent months.

Now, Al is back to work and making his mortgage payments on his own.

“The bottom line is that we got it, and it saved our home,” he says. “And we love our house, it’s our dream house.”

Iris-O

Daughter finds free program to help her parents with the mortgage

Homeowner Iris O. had a difficult – and different – situation.

She bought a house with her parents in Sanger, California. But when she became engaged, she moved out of the house. Then, her father lost his longtime job.

Iris was helping her father with the unemployment process when she learned about Keep Your Home California from the state Employment Development Department website.

“I was like, ‘Really, they will pay for that?’” she says of her mortgage. “Is there really a program that exists?”

The free mortgage assistance program will pay as much as $3,000 per month for up to 12 months for homeowners who are collecting jobless benefits from the EDD.

“I had to provide a lot of information,” says Iris, including bills – such as her utility payments – to prove where she currently lives. “It was time-consuming, but it’s worth it.  Once I responded, it was an easy process.  They were really helpful and willing to work with me.”

A few weeks after applying, Iris and her parents were approved for the state-funded program in March.

“They were very excited” when they were approved for the program, Iris says of her parents. “It eases the stress of making the mortgage payment. But it’s only a short-term solution, we’re still upside down.”

So, Iris will consider applying for a second program through Keep Your Home California, for a more sustainable solution to her family’s mortgage struggles.

In the meantime, the monthly mortgage payment is covered and her father, a longtime farm laborer, has one less worry.

“Now, he has more time to look for a job,” Iris said.

audrey_m

Homeowner Audrey M. was committed to keeping her home – and finding a full-time position.

She accomplished both with the help of Keep Your Home California.

“It’s my home; I love it,” says Audrey, who bought her Elk Grove house 10 years ago. “I didn’t want to lose it, and I didn’t want to rent it out.”

Audrey applied for Keep Your Home California in March, but was first denied since she cashed-out when she refinanced her home. A few months later, a counselor called Audrey and told her to apply again since some guidelines had changed.

“It happened very fast,” Audrey says of the application process. “It was very clear, very easy to understand.”

Of course, Audrey, who was out of work for 20 months, says her three-decade career in the banking industry likely helped her speed along the application process. But she adds most homeowners could complete the application and tackle the paperwork with little trouble.

After sending some documents and writing a hardship letter, Audrey was approved for the program, allowing her to focus on the all-important job search in one of the hardest-hit industries in the state.

Keep Your Home California made her monthly mortgage payments for five months – July through November. Her sixth, and final, mortgage payment from the state program was never sent.

And Audrey couldn’t have been happier – she found a job in nearby Roseville.

“It’s a great program,” said Audrey, who started her new banking position in November.

Audrey, like many program recipients, touts Keep Your Home California to friends facing difficult times who are also looking for work.

“I wish more people would learn about the program,” she says.

jack_h

Mortgage industry veteran Jack H. has experienced fast-rising home prices and plunge-like-a-rock housing values during his 30-year career. But nothing compares to the current market.

“I never thought it would be this bad – and for this long,” says Jack, who lives in Orangevale, about 20 miles from the state Capitol in downtown Sacramento. “It’s new ground for everybody.”

Indeed, homeowners who once enjoyed annual double-digit price gains have endured an average decline in their home value of more than 40 percent since the housing crisis started. And one-time multiple offers for homes have given way to a record number of foreclosures and short sales as lenders take them back.

“We didn’t realize how good we had it,” says Jack, referring to the booming economy during the first half of this past decade that has turned into a gut-wrenching bust since 2007.

Jack – like more than 2 million Californians – is unemployed. He has been jobless off and on for the past three years.

“I had a lot of responsibility,” Jack says of his previous positions in the mortgage industry, including as an executive with The Money Store. The company was one of the nation’s largest mortgage lenders before being sold more than a decade ago.

“Now, it’s hard to get a job,” says Jack, who is receiving mortgage assistance from Keep Your Home California while he looks for work.

Jack first heard about the state-run program at the California State Fair in mid-July. He completed an application and the necessary documents and was approved for the Unemployment Mortgage Assistance Program two weeks later.

“It all happened very quickly,” he says. “I was impressed with the service.”

Keep Your Home California, with $2 billion from the U.S. Treasury’s Hardest Hit Fund®, started paying his monthly mortgage in September and will continue for the next several months – or until Jack finds work.

“It helps me breathe a little,” says Jack, a matter-of-fact guy who moved from his native New Jersey to the Sacramento region in 1994. “It’s nice to not make a payment for a while.”

So, with Keep Your Home California handling his mortgage payments, Jack concentrates on applying for positions, including those in one of the hardest-hit industries where he had a front-row seat to the housing meltdown – and now watches for the recovery.

“Nobody is looking to upgrade” their home, says Jack, who expects the housing market to struggle for some time. “It’s not going to be an easy turnaround.”

Jack, a Navy veteran and former reservist with the Navy and Army National Guard, volunteers at a local church when he is not looking for work.

“Anybody I talk to, I tell them (about Keep Your Home California),” he says. “It was painless, it was easy.”

 

laurie_c

Longtime mortgage professional Laurie C. entered the fast-paced business because she “likes helping people.”

Now, Laurie – who has enjoyed a 20-year career in the home lending industry but has endured three recessions along the way – is getting a helping hand from Keep Your Home California.

Like many homeowners in California, Laurie has become a casualty of the dismal economy and the hard-hit housing market. She has been “in and out of work” for the past five years, as the housing market struggles through one of its worst downturns.

She was most recently laid off July 1, and soon after applied for Keep Your Home California’s Unemployment Mortgage Assistance Program. The state-run program helps out-of-work homeowners with their payments, up to a maximum of $3,000 per month for six months.

“I tried to do a modification … but they gave me the runaround for a year,” Laurie says. The Keep Your Home Program was different. “They had me qualified and eligible in 10 days.”

The mortgage servicer, which must participate in the program, approved the payment plan for Laurie a week later.

Keep Your Home California – established with $2 billion in federal funds through the U.S. Treasury’s Hardest Hit Fund® – started making her monthly $750 mortgage payment in September, and will continue through February, Laurie says.

“I don’t know what I’d be doing” without the mortgage assistance, says Laurie, who lives in a condominium in Roseville, about 20 miles northeast of Sacramento. “I totally believe in this program.”

Laurie often educates other financially strapped homeowners about the Keep Your Home California and how the program has helped her save her home.

“I’m out there selling it,” Laurie says. “I’m a true believer that things happen for a reason.”

 

 

Our programs are designed to help you keep your home if you've suffered a financial hardship.

Take a minute to answer a few questions to find out which program can help you best.

Let's get started!

Is your home in California?

Question 1/11

Restart

Do you own and occupy your home as your primary residence?

Question 2/11

Back

Restart

Is the amount you owe on your first mortgage loan equal or less than $729,750?

Question 3/11

Back

Restart

Continue

Is your County household income equal to or less than ?

Question 4/11

Back

Restart

Have you experienced a financial hardship (such as a loss of income, significant medical expenses, divorce, severe negative equity, etc.) that is making it difficult for you to keep your home?

Question 5/11

Back

Restart

Are you in an active bankruptcy?

Question 6/11

Back

Restart

Great, you may be eligible for all or some of our programs!

Just answer a few more questions to find out which of our programs is best for you.

Which programs are best for you?

Have you received unemployment benefits from the California Employment Development Department (EDD) within the past 30 days?

Question 7/11

Back

Restart

Are you two or more payments past due on your first mortgage loan?

Question 8/11

Back

Restart

Do you owe more on your first mortgage than your home's current value?

Question 9/11

Back

Restart

Are you currently participating in a trial payment plan for a modification with your mortgage servicer?

Question 10/11

Back

Restart

Are you working with your mortgage loan servicer on a Deed in Lieu of Foreclosure or a Short Sale?

Question 11/11

Back

Restart

Based on your responses you do not qualify for a Keep Your Home California program, but we still want to help! Find out about the other options that are available to you by clicking the link below.

Don’t worry, other programs are available

Don't worry, other programs are available.

Although you do not qualify for a Keep Your Home California program, your mortgage Servicer or housing counselor from a HUD-approved agency may have other options that are available to you. These options include:

1) Federal Mortgage Relief

  • Load Modification
  • Refinance
  • Short sale assistance
  • Deed in lieu help

More Information »

2) Your Mortgage Servicer

  • Forbearance
  • Repayment plan
  • Short sale
  • Cash for keys

Contact your service provider for more information

Need more help?