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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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