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mortgage protection: Mortgage Insurance Protection Offered by California Association of Realtors ~ First Time Homebuyers - 08/04/09 06:15 PM
 The California Association of Realtors has offered since April 2, 2009, a mortgage protection Plan (insurance program) for first time homebuyers.
CAR has purchased and provided about 400 such insurance policies for first-time homebuyers at no cost to the buyers.  This can provide up to $1,500 a month in mortgage assistance for six months if the buyer lose their jobs.
CAR has said it use $1 million that its members California Association of Realtors had donated to a charitable fund earmarked for affordable housing, which was to buy the one-year mortgage payment protection policies for about 3,000 first-time homebuyers.
The CAR program has been successful, and it has now received … (0 comments)

mortgage protection: Free Supplemental Mortgage Protection Insurance for First Time Homebuyers ~ Housing Affordability Fund at California Association of REALTORs® - 07/01/09 01:46 AM
In its welcoming move, the California Association of REALTORs® and its Housing Affordability Fund continues to offer its free Mortgage Protection Program as insurance for first time homebuyers.
The Association says this is to help provide first-time homebuyers with peace of mind when purchasing a home.
 
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The CALIFORNIA ASSOCIATION OF REALTORS® Housing Affordability Fund (C.A.R.H.A.F.) continues to offer the FREE supplemental insurance product for qualified first time homebuyers.  Through this fund's Mortgage Protection Program (free insurance), first-time homebuyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month (for six months) to help make their mortgage payments, and qualified co-buyers can receive $750 … (0 comments)

mortgage protection: New Mortgage Protection Program Introduced by California Association of Realtors - 04/01/09 10:29 AM
The CALIFORNIA ASSOCIATION OF REALTORS has announced that on April 2, 2009, it will launch a new program designed for first-time buyers.
This valuable program will target consumers and first time buyers who are nervous about the housing market and concerned about potential job loss.
Through the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP), first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month for up to six months to help make their mortgage payments.  A qualified co-buyer also can participate in the program, for a reduced monthly benefit of $750 per month for up to six … (4 comments)

 
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Harrison K. Long, business, REALTOR®, GRI, Broker

Irvine, CA

More about me…

Explore Group, Coldwell Banker Previews, Irvine, South OC

Address: 6833 Quail Hill Parkway, Irvine, CA, 92603

Office Phone: (949) 854-7747

Cell Phone: (949) 701-2515

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