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.

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.”

Debra says homeowners shouldn’t delay and apply for the program as soon as possible.

Debra T. has a bit of advice for cash-strapped homeowners considering the Keep Your Home California program – don’t delay and call today.

“I kept putting it off,” says Debra, who kept hearing Keep Your Home California commercials on radio station KFRG (better-known as “KFROG” in Southern California). “I didn’t want to hear the word ‘no.’ ”

Eventually, Debra applied for the federally funded, state-run mortgage program early last year and was approved in May 2012. She was approved for $100,000 in principal reduction, the maximum under the Principal Reduction Program.

A servicer-approved loan modification coupled with the Keep Your Home California Principal Reduction Program dropped her principal from $280,000 to $138,000.

“I was so ecstatic.” says Debra, who lives in Bloomington in San Bernardino County. “I’m so thankful that this type of program was available.”

Debra definitely fits the requirements for help from the $2 billion program, established under the Hardest Hit Fund. Her husband died after a long battle with cancer in 2008. He didn’t have life insurance and even with health insurance, the medical bills took their financial toll.

“My biggest fear was losing the house,” says Debra, who has three children at home and her mother living with them as well. “It’s a small house and it’s a little cramped, but I wouldn’t have it any other way.”

She suspects her experience with her mortgage servicer is probably similar to many other homeowners, who are struggling to keep their homes.

“It’s really frustrating to a lot of homeowners,” she says. “I’m sure a lot of homeowners lost their homes because servicers dragged their feet or they were just overwhelmed (with the number of homes and homeowners in trouble).”

But her experience with Keep Your Home California was much better.

“I was really pleased with the response from Keep Your Home California,” Debra says. Her counselor “was very helpful.”

So, Debra strongly encourages homeowners to learn more about the program and apply for the free mortgage help as soon as possible.

“I recommend the program to anyone who is struggling,” she says. “It doesn’t hurt to try.”

Southern California homeowners Richard and Cynthia C. applied for a federal program seeking financial help for their mortgage payments last spring.

But the couple were denied because their combined income failed to meet minimum income requirements. They were devastated.

“We thought ‘what are we going to do?’” says Richard, who was laid off from his job in March 2010. His wife had also recently lost her job with a temporary agency.

Then, the Claremont couple came across Keep Your Home California while watching the local PBS station. But they were skeptical. An aunt had spent thousands of dollars for mortgage assistance with little success.

“For every good program, there are 10 bad programs” claiming to help homeowners with mortgage payments, Cynthia says.

“We started checking it out, and found that it was on the up and up,” Richard says of the state-run program with $2 billion in federal funding.

A brief phone call, followed by a longer counseling session and then the gathering and sending of documents paved the way for the Unemployment Mortgage Assistance program – and some security for the couple. Keep Your Home California covers their mortgage payments for six months, and now up to nine months with new expanded eligibility requirements

“Thank God,” says Richard, who adds from the first phone call to final approval took about four weeks. “It’s hard for us to find a job. It’s just been so difficult. It’s been a godsend.”

Now, Cynthia and Richard, who have a daughter attending college, tell family members and friends about Keep Your home California. ‘We’re mentioning the program all of the time,” she says.

They want other hard-hit homeowners to apply for and take advantage of the program that offers the opportunity to look for work without worrying about mortgage payments.

“It gives you peace of mind,” Richard says of Keep Your Home California. “This uplifted us.”

Homeowner David S. has battled a bad economy, the hard-hit housing market and a gloomy jobs outlook – just like many Californians.

But David, who has owned his condominium in the Park Mesa neighborhood in San Diego for 10 years, is committed to keeping his home and finding a job, even in a new profession.

He applied for a loan modification through his mortgage lender, with no luck after an exhausting and lengthy effort. He made larger-than-required payments for a few months to lower the mortgage principal and show his dedication to homeownership. And even during the most difficult months financially, David made at least half of the monthly mortgage payment.

Still, the long-term unemployed professional was facing the grim reality of losing his condo.

Then, David applied for Keep Your Home California in mid-April. His commitment and attention to detail – he has three, 3-inch thick binders of financial and mortgage-related paperwork – paid off in June when he was approved for the state-run mortgage assistance program.

Keep Your Home California, funded by the federal government’s Hardest Hit Fund®, made his mortgage payments in July, August and September, and will likely continue through the end of the year.

“I’m very grateful for the program,” David says. His application was a bit more complicated than most, especially since he had a commission-only job for a brief period that created a hiccup with the state Employment Development Department and much slower-than-average processing by his mortgage servicer.

But the end result was well worth the effort and allows him to concentrate on finding a job – and possibly a new career.

“They’re trying to find you suitable time to find employment,” says David, a former director of sales and senior associate for an audio visual company. “I don’t have to worry about the risk of losing my home while looking for employment.”

David encourages other out-of-work homeowners to look into the Unemployment Mortgage Assistance Program, which has about $875 million in funding. Keep Your Home California expects to help about 60,500 homeowners with the program, with average funding of $14,455.

“It’s a horrible … terrible feeling” to face the possibility of losing your home, David says. “Time is what this program has given me.”

“I think everybody is trying to figure out what is next” with the economy and the housing market, he says. “When there is a happy ending, this program will be what saved me.”