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%
• Must demonstrate ability to make ongoing payments
• Financial literacy classes and individual counseling are required
  

We offer 100% financing, fixed rates, and competitive terms and conditions. For more information, email us at dreamhome@westelmwood.com.

• 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.

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