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Job Loss Protection banner

The Job Loss Protection Program (*) is an optional, seller-funded mortgage protection program that helps homeowners with monthly mortgage payments if they experience a loss of employment.

The Job Loss protection Program is part of the HELP (Homeowner Education and Loss protection) program administered by the Rainy Day Foundation.


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Program Overview

  • Provides up to 6 months of mortgage payments during the first 24 months from date of closing if the borrower or co-borrower becomes involuntarily unemployed.
  • Coverage up to $1800 per month.
  • Properties listed for sale by The Group, Inc. or purchased through a Group Realtor are eligible for coverage under this program. Seller may elect not to participate.
  • Cost of program is $500, payable by the seller at closing if buyer accepts the program.
  • Program is offered at no cost to the buyer and cannot be funded by the buyer.
  • Buyer will receive information packet within 45 days of closing to explain the program.

Seller Advantages

  • Program sets the seller’s home apart from others on the market, providing "added value" to attract potential buyers.
  • Home showings may increase due to a higher level of buyer interest. The Sellers Advantage via Exposure is an optional multifaceted program which includes the HELP Program.
  • "Job Loss Protection" listings clearly indentified with icon on www.thegroupinc.com.
  • Cost of the program payable by seller at closing.

Buyer Advantages

  • Buyer can purchase home with greater confidence.
  • Program applies if borrower or co-borrower experiences involuntary loss of employment (assuming eligibility criteria are met).
  • 24 months of coverage; can be used for multiple job losses during period for up to 6 months of payments (assuming criteria are met).

Learn more about the Job Loss Protection Program

About the Rainy Day Foundation

The Rainy Day Foundation is a non-profit 501 © 3 organization whose mission is to assist individuals in maintaining homeownership. The Job Loss Protection Program is part of the HELP Program, administered by the Rainy Day Foundation, which is intended to help buyers navigate the challenges of homeownership. The HELP Program provides voluntary financial and budget counseling to buyers via telephone and e-mail for the first 24 months following closing, as well as emergency counseling and grants to assist home owners during times of financial hardship. *Buyer will receive an information packet with complete details of program coverage, including how to file a claim, within 45 days of closing.


(*) Disclaimer - The HELP Program including the Job Loss Protection is made available by the seller’s enrollment in the Creative Alliances SAvE Program. The Sellers Advantage via Exposure is an optional multifaceted program which includes the HELP Program.