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WEBINAR- Assisting Very Low-Income Homebuyers
January 14, 2019 - 2:00 pm - 3:30 pm
Very low-income households create challenges when applying for assistance as homebuyers. Many have no credit, poor credit, are cash poor and lack the knowledge needed to understand the homeownership process. The training will address leveraging and layering resources to make the purchase affordable, and how to partner with non-profit organizations—including Habitat for Humanity—to serve this income group. The webinar offers ways to prepare very low-income buyers for the responsibilities of homeownership. Presenters will discuss lender partners—including USDA RD in rural areas—and the lender’s role in providing first mortgages, teach classes and more.