Mortgage Protection Program EligibilityBenefits | Certification | Find A Provider General Conditions Must be 18 to 66 years of age. Employed full time (30 hours minimum per week) at the time of closing. Cannot be self employed. Must reside in the US. Special Conditions Unemployment must commence during coverage period. Coverage is limited to payments due 30 days after unemployment begins. Claimant must qualify for state unemployment benefits. Claim payments cease immediately upon re-employment. In the event of subsequent unemployment, a new 30 day waiting period applies. Exclusions Voluntary unemployment. Disability or medical (mental or physical) leave. Reasons listed for denial of unemployment benefits. Borrowers that are self employed or are aware of a pending lay-off. Strike or lock out. Contribution Clause When joint mortgagors are involved, benefit amount will be based on the percentage of unemployed person's income to the total qualifying income at the time of the closing.