Homeownership Centers
Homeownership Promotion and Protection
Financial & Homebuyer Education
We provide financial literacy, education and counseling regarding buying and keeping your home. LA NHS can help you buy your first home or prevent foreclosure!
Asset promotion and protection are key principles of the Community Asset Building Model. Call us today for help! We have three NeighborWorks® Homeownership Centers that are staffed to provide comprehensive financial education from budgeting and saving, credit repair and homebuying workshops to foreclosure prevention counseling.
LA NHS equips clients with the tools they need to succeed and make their dreams of lifelong homeownership come true. This is the backbone for helping communities create generational wealth and prosperity.
Specifically, our Homeownership Centers offer the following classes and workshops:
- Fast Trak workshops are designed for first time homebuyers that are close to purchasing their home and would like to receive certification of pre-purchase counseling.
- Home Buyer Education workshops orient potential homebuyers on how to prepare to purchase their first home.
- Reverse Mortgage counseling introduces clients to how reverse mortgages work and guides them through the process, as appropriate.
- Borrowing Smart workshops are designed to address the significance of maintaining a mortgage one can afford, particularly after becoming a homeowner.
- Budgeting and Credit Recovery clinics are for renters and homeowners, and focus on helping them to understand the importance of their credit rating, and how to maintain and improve it.
- Foreclosure Prevention clinics and one-on-one counseling focus on identifying the obstacles that a homeowner is facing and, based on each unique situation, recommending a plan of action.
Call us, visit our Calendar or email us today to register for one of our current classes.
Affordable Mortgage Lending
Our loan counselors work to help find the right loan for you. As a Community Development Financial Institution (CDFI), LA NHS is able to employ a comprehensive approach to community asset building by financing qualified borrowers through our own Revolving Loan Fund. Our loan counselors also work with lenders to help find the right loan for clients. LA NHS is uniquely positioned to offer affordable loan products, AND early intervention delinquency counseling to minimize and prevent defaults and foreclosures.
Our loan products include affordable loans with flexible qualification requirements, as well as assistance with down payment and closing costs for first-time homebuyers. For existing homeowners, LA NHS provides home improvement grants, refinancing and affordable loans based upon the borrower’s ability to repay.
The paradigm we use fosters partnerships between lenders and government agencies to help more and more families achieve their homeownership goals and stay vested in their home and their neighborhoods. This comprehensive approach to lending is the conduit to sustaining vibrant neighborhoods and strengthening their infrastructure. LA NHS lending products include:
- Home Loans for First-Time Homeowners
- Home Repair Loans
- Purchase Rehab Loans
Click here to schedule an appointment with a loan officer.
