I received great news this weekend; Fidelity Mortgage is offering Job Loss Protection! This is a wonderful option to ease the fears of many first time home buyers afraid to take the plunge due to the uncertainty of the economy. Here are some details of the program:
JOB LOSS PROTECTION
We are now offering a program that pays a buyer’s house payments in case of a job loss. If a borrower loses his/her job within the first two years of ownership his/her payments will be paid for up to six months.