Lennar Offers to Make Mortgage Payments in the Event of Job Loss

February 8, 2009 by admin · Leave a Comment
Filed under: Mortgage articles 

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Struggling homebuilder Lennar has launched its “Peace of Mind” mortgage payment protection program, aimed at bringing in more prospective buyers concerned about job security.

Calling loss of employment the “number-one reason for mortgage default,” Lennar is offering to pay up to six months of mortgage payments if a new buyer loses their job after purchasing a new home.

It’s especially timely, Read more