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.