West Elmwood - Housing Development Corporation Making Dreams a Reality
392 Cranston Street • Providence, RI • 401-453-3220 Making Dreams a Reality
November 20, 2008
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Much more than just a lender

West Elmwood Housing offers the following programs to guide you through home-buying and home-ownership.

Loans for Home Repair, Home Purchase, Downpayment & Re-Financing.

Homeowner Assistance

  • Foreclosure Prevention loans up to $6,000
  • Emergency Home Repair loans up to $2,500
    • All home repairs eligible
  • Purchase money and Purchase Money/Repair Mortgages
  • Refinance, Refinance/Repair Mortgages and Refinance/Consolidation Mortgages

Rescue Loans Program

  • Flexible credit terms
  • Free loan qualification
  • Rate as low as 3%

100% financing, Fixed Rates with competitive terms and conditions, for more information E-mail us at DREAMHOME@WESTELMWOOD.COM



Homebuyer Assistance
  • Down payment grants for low and moderate income families up to $5,000
  • Down payment loans for moderate income families up to $20,000
  • Loans limited to cash out for home repair or debt consolidation  
  • Assistance to apply for other programs
  • Referrals to other programs
  • Pre-qualifications
    • Most ownership programs available for West End properties only
    • Eligibility determined by program guidelines
    • Most programs limited to first time buyers
    • Most loan repair programs not restricted to WEHDC owned property
    • Some fees apply
    • Purchase and refinance lending offered statewide.


Technical Support
  • Directory of licensed contractors
  • Work write-ups
  • Loan application preparation
  • Program analysis & referral
  • Foreclosure prevention
  • Debt reduction and credit counseling
  • Personalized referrals


For more loan program information
Call (401) 453-3220 ext. 13 and/or ext. 11

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