California Mortgage Principal Reduction Program

A statewide partnership with the goal of helping struggling homeowners stay in their homes, Keep Your Home California, recently issued a reminder to homeowners that their Principal Reduction Program allows qualified applicants to have possible access up to $100,000 in mortgage principal reductions.

Those with underwater mortgages with a loan-to-value ratio of 120% or greater are also prime candidates for the Principal Reduction Program. (more…)