We can help you understand the home buying process. Attend classes or counseling on personal finance, credit repair or loan options.
The Homebuyer Education Class is where you will receive an overview of the home-buying process, from both the housing real estate professionals’ and buyers’ perspectives. It outlines the purchasing steps and requirements as well as a variety of other issues including the value of a home inspection, the variety of loan types, specific public loan programs and homeowners insurance. Upon completion, attendees receive a Certificate of Completion which is required by several loan programs available to low and moderate income first-time homebuyers. Ask the experts. What is the difference between an appraiser and an inspector? Is home insurance the same as mortgage insurance? How much insurance do I need? Besides a down payment, is there anything else I should save for? Call our office for more information.
We’ll help you assess your readiness to buy along with your financial capacity and eligibility for first-time homebuyers programs including down-payment assistance programs targeted for low-income families. Credit Reports are pulled and financial profiles analyzed. If financial obstacles or barriers are identified, then a homebuyer action plan is created with recommendations to register for the financial education class or move to the Homebuyer Education Class. This new approach to ascertaining your readiness to buy streamlines the process while addressing the necessary information in a more efficient and thorough manner.
Home Choice Counseling
Home Choice Counseling Offers a solution for people with disabilities who may need assistance for securing a down payment. The Community Housing Resource Center provides the required one-on-one counseling for clients wishing to participate in ‘Home Choice’, a statewide down-payment assistance program for people with documented disabilities.
The City of Vancouver Rehab Loan Program
The City of Vancouver Rehab Loan Program Pairs qualified homeowners with financial assistance for basic home repairs up to $25,000. Residents must have equity in their home to participate. The Community Housing Resource Center offers free counseling to determine program eligibility.