Home Purchase

Homeownership Counseling provides one-on-one analysis of the first time homebuyer’s budget and credit to become mortgage ready, while developing strategies to continue to afford the home over the course of the mortgage.

Affordable Mortgage Loans
To provide affordable mortgages to those who do not qualify for traditional mortgage loans. Maximum Loan Amount: $40,000 any amount over requires approval from board and Loan Committee.

FRAMEWORK®
Purchasing a home may be one of the biggest decisions you will ever make, and navigating today’s housing market can seem impossible. Homeownership education is the single most effective tool for achieving successful homeownership. Informed homebuyers are successful homeowners.

Framework is the only online homebuyer course designed by experts in online learning. It’s comprehensive, so you’ll have all the facts you need to navigate every step of the buying process. And you can learn when, where, and how you like. It even works on your smartphone.

To get started, visit Framework. If you’d like to learn more first, watch this short overview video. Framework meets many lenders’ requirements for homebuyer education, but check with yours to make sure an online course is acceptable. Framework is both HUD and MSHDA approved for Homebuyer Education.

Neighborhood Stabilization Program (NSP)
NSP provides 8 hours of individual counseling for potential home buyers with plans on accessing NSP homes. NSP counseling includes credit information, budgeting and savings, credit evaluation and the home buying process. The goal is for potential homebuyers to purchase a NSP’s energy efficient home.

Opportunity Knocks Workshop/Down Payment Assistance
The Opportunity Knocks Workshop is for individuals who are considering the purchase of a home. The education ensures that the homebuyer will have a strong understanding of budgeting, the mortgage, the closing process, recapture taxes, and basic home maintenance, while avoiding predatory lending, and foreclosure.