Mortgage Assurance Program - MAP

The USA Direct Funding MAP program (Mortgage Assurance Program) includes a Mortgage Protection Program that protects homeowners if they experience a loss of their employment. Many Americans today are concerned with job stability and how they are going to make their mortgage payments if they lose their job.

The unemployment insurance coverage included in the USA Direct Funding Mortgage MAP program assists in keeping homeowners current on their mortgage payments each month so homeowners can minimize their financial stress while they are looking for a job.

DETAILS   Coverage Period Twenty Four (24) months from the closing date of the mortgage. Maximum Benefit Your borrower's actual mortgage payment up to $1,800 PITI. Now $2,000 PITI! Benefit Period Up to a maximum of six (6) payments during the twenty four (24) month coverage term. Contribution Clause When joint mortgagors are involved, benefit amount will be based on the percentage the unemployed person’s income is to total qualifying income at the time of mortgage closing.

Coverage For A Rainy Day "Here when you need us."

>> Contact us for more information

USA Direct Funding (USA Direct) Oregon ML-1634, Washington 510-mb-19289. In California USA Direct is licensed by the Department of Corporations under the California Residential Mortgage Lending Act, and holds a California Finance Lenders License. USA Direct is also an Idaho Regulated Lender License holder (RMD-4073) and holds an Idaho Mortgage Broker/Lender License (MBL-3966). For informational use by residential mortgage professionals only, and not for consumer use or distribution. It is not designed to be and does not meet the definition of an ‘advertisement’ for purposes of 12 C.F.R. 226.2 (a)(2). Adequate disclosures for consumers are not provided. Information deemed reliable but not guaranteed and subject to change without notice. Thank you.

The MAP Program is subject to terms and conditions including but not limited to counseling services, education, eligibility and other limitations. Unemployment must be involuntary. The MAP Program is administered by The Rainy Day Foundation. Available on qualified loans. Subject to qualification and approved financing.

Rainy Day Holdings or Rainy Day Foundation does not sell insurance. The Mortgage Protection Program is a service provided within the MAP program. Financial assistance is provided by the Rainy Day Foundation’s emergency grant/Rainy Day Program fund. Available on qualified loans and approved financing.