ORIENTATION

• Homeownership Education and Counseling Program Overview
• Advantages and Disadvantages of Homeownership
• Preparing for the Mortgage Loan Application
• Credit Report and Credit Scoring Information
• Mortgage Loan Programs
• Down Payment and Settlement Assistance Programs
• Path to Homeownership

INTAKE SESSION

• Intake Application Process
• Provide You with One Tri-Merged Credit Report and Credit Scores
• Review of the Financial Picture
• Determine Price Range
• Calculate Mortgage and Total Debt Ratios
• Funds Needed for Down Payment and Settlement Costs
• Review of Monthly Spending Plan

GROWING YOUR MONEY CLASSES

• Developing a Spending Plan
• Working with Checking and Savings Accounts
• Understanding Credit and Your Credit Report
• Credit Repair and Letters of Credit Explanation
• Debt Repayment Plans
• What You Need to Know About Taxes and Insurance
• Getting a Loan

SUBSEQUENT COUNSELING SESSIONS

• One-On-One Work Plan Follow-up

HOMEOWNERSHIP WORKSHOP

• Mortgage and Homeownership Terms
• Advanced Preparation
• Understanding and Using Credit
• Understanding Credit Scoring
• Spending Habits and Proposed Spending Plan
• Savings Tips and Investments
• Mortgage Loan Programs
• Key Players in the Home Buying Process
• Home Purchase Options
• How to Shop for a Home
• New Home Construction Options
• Moving Process
• Financial Record Keeping
• Homeowner's Insurance and Safety Tips
• Understanding Home Equity
• Closing Procedures
• Causes of Default and Default Solutions
• Home Maintenance and Repair
• Living in a Community

THE HOMEOWNERSHIP SPECIALIST PROVIDES GUIDANCE THROUGH OUT THE ENTIRE HOME BUYING PROCESS AND INTO HOMEOWNERSHIP

Copyright ©2008 NCALL Research, Inc.