JUNE 2016
KeepYourHomeCalifornia | Newsletter

Income Limits Updated
Earlier this month, the Keep Your Home California Income Limits were updated to reflect changes in the Area Median Income for multiple counties. In all, there were twenty six (26) counties that saw their household income limit increase and no counties that experienced a decrease.
Keep Your Home California is designed for low and moderate income homeowners. In order to qualify for assistance, applicants' household income must be below the program income limits for the county in which they live. With the recent increases, there may be homeowners who previously did not qualify for assistance who now qualify.

Following are the twenty six counties where the income limits were increased: Alameda, Butte, Colusa, Contra Costa, Del Norte, Fresno, Glenn, Humboldt, Imperial, Inyo, Kern, Kings, Lake, Madera, Marin, Mariposa, Merced, Modoc, San Francisco, San Mateo, Santa Barbara, Santa Clara, Siskiyou, Tehama, Trinity, and Tulare.

It's A Great Time To Be A Homeowner!
As we celebrate National Homeownership Month in June, we wanted to share some recent information showing why now is a good time to be - or become - a homeowner. Don't just take our word for it; please see the following list:

Call Center Closed on Independence Day 

In observance of Independence Day, the Keep Your Home California call center will be closed Monday, July 4. We hope everyone has a happy and safe celebration of our nation's birthday. You can find a complete list of the dates the call center is closed on our Before You Call webpage. 
(as of June 23, 2016)

Homeowners Assisted
Total Amount Distributed
Unemployment Mortgage Assistance
Principal Reduction Program
Mortgage Reinstatement Assistance Program
Reverse Mortgage Assistance Pilot Program
Transition Assistance Program
Total Program
Funds Allocated
Recent Blog Post:

Celebrating Homeownership Month by Saving Homeowners
June is Homeownership Month, when federal and state agencies, lenders and real estate agents educate and encourage home-shoppers to become homeowners.

Homeownership is critical for building strong communities, creating jobs, energizing the economy - and is often a good investment for homeowners over time.

Keep Your Home California was established as a result of the Great Recession. The goal was to help neighborhoods, communities, the economy and, of course, homeowners by providing mortgage payment assistance to people who suffered financial hardships in order to keep them in their homes.

Success Story: Charles & Kathleen C.
San Francisco couple can enjoy their dream home and give back to their community with help from Keep Your Home California and BALANCE

Homeowners Charles and Kathleen C. are always glad to share their love story, not only for each other, but also for their church, their family and friends, their neighborhood, - and their dream home.

Their house has scenic views of the San Francisco Bay, downtown, Mt. Diablo, and nautical activity on the Bay, along with views of the East Bay Shoreline and Hills. Their home is within walking distance of Candlestick State Park.

"It's a perfect, medium-size house for us, with wonderful neighbors," says Kathleen, as the couple takes turns talking.

Read More    
Monthly Question & Answer

Keep Your Home California  defines "cash out" as, when you receive more than 1% of your new loan amount in cash after you refinance. Also, if you receive sufficient cash after the sale of your property to pay off the Keep Your Home California lien, this would be considered cash out. If you finance the costs associated with a first mortgage refinance, Keep Your Home California would not consider these refinanced expenses as cash out for purposes of loan repayment.
Water Saving Tips

Water early in the morning or later in the evening when temperatures are cooler. Save: 25 gallons/each time you water.

For more tips on what you can do to save water, please visit the Save Our Water website.
To see all Servicer Scorecards, please visit the Participating Servicers webpage.
June 25, 2016
8:30am - 5:30pm
Homebuyer Education Workshop
Ventura, CA
June 25, 2016
11:00am - 2:00pm
SF Housing Expo and Resource Fair
San Francisco, CA
June 25, 2016
11:00am - 1:00pm
Homeownership Fair
Los Angeles, CA
July 9, 2016
8:30am - 4:30pm
Homebuyer Education Workshop
Oxnard, CA
July 23, 2016
8:00am - 2:00pm
Special Event for Ocwen Customers
San Bernardino, CA
July 23, 2016
9:00am - 3:00pm
KYHC Workshop
Westminster, CA
July 23, 2016
8:30am - 5:30pm
Homebuyer Education Workshop
Ventura, CA
July 23, 2016
9:30am - 2:00pm
2016 Annual Community Health Fair
Sacramento, CA

www.KeepYourHomeCalifornia.org - 888.954.KEEP(5337)