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Prudential Northwest Properties and the SAVE Foundation have teamed up to offer home buyers confidence and peace of mind through our Job Loss Protection Program
This unique coverage is an optional mortgage protection program that helps home owners with monthly mortgage payments in the event of an unforeseen loss of employment. All homes listed for sale with our brokerage qualify for this unique loan protection coverage.
How would purchasing a home with Job Loss Protection benefit you if you experienced an unforeseen job loss? ·Pays of up to $1,800 per month ·Provides up to six month of payments ·Coverage for 24 months from the mortgage closing date ·Minimizes financial stress ·Easy enrollment process
Our program benefits sellers too: ·Sets your home apart from comparable homes on the market ·Offering a “rainy day fund” of $10,800 would make your home very attractive to potential buyers ·Home showings may increase due to a higher level of buyer interest ·More showings may lead to a faster sale
Program Overview: ·Program is offered at a cost of $595 to the buyer or seller ·Buyers must meet eligibility requirements ·Provides assistance of up to $1,800 per month ·Buyer will receive an information packet with complete details, including how to file a claim, within 45 days of application