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From: Spencer Scheer

Date: January 12, 2021

Subject: Lenders and Servicers: Get with the Program: Free Mortgage Money in CA. How to Get Some Now.
Never ending stimulus in the form of the California Mortgage Relief Program (“Program“). The result of federal funding to the states.

· California launched the Program to provide a one-time grant to qualified homeowners who have fallen behind on their housing payments. Using $1 billion in federal funds, the grants help homeowners who had a financial hardship during the COVID-19 pandemic by covering missed housing payments. Assistance provided through this program is not a loan and does not need to be paid back.

The program is open to all California homeowners who meet the eligibility requirements. Applicants must meet all of the following requirements:

  • Household income is at or below 100% of their county’s “Area Median Income”;
  • Own a single-family home, condo or permanently affixed manufactured home in California; and
  • Have faced a pandemic-related financial hardship after Jan. 21, 2020.

And meet at least one of the following:

  • Receiving public assistance;
  • Severely housing burdened; or
  • Been denied an alternative mortgage workout option by their mortgage servicer

Mortgage assistance grants are directly tied to the past due amount the homeowner owes their lender, up to a maximum of $80,000 per household. Funds awarded for mortgage reinstatement will be sent directly to the homeowner’s lender or mortgage servicer. The assistance provided through this program is not a loan and does not need to be paid back.

In order for an application to be processed, a homeowner’s servicer must be participating in the program.

There is no requirement for a lender or servicer to participate in the Program, it is voluntary.

If a lender or servicer would like to participate in the Program, they must contact the Program at to request the application information.

Please call or email if you have any questions.

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Spencer Scheer