Urban Hope Home Ownership Center

Urban Hope CDC dba Home ownership Center a HUD approved housing counseling organization objective is to educate and promote home ownership to prospective home buyers by developing a systematic program that is designed to guide families through the complete purchasing process.

We are HUD Certified and Provide:

  • Homebuyer Education

    • Online
    • Homebuyer Express
    • Homebuyer Club
    • Post-Purchase

  • Counseling

    • Pre-Purchase
    • Post-Purchase
    • Foreclosure Intervention

Homebuyer Express Workshops

6-Hour Session followed by 2-Hour One on One Counseling

Topics:

  • Your Credit and Why It Is Important
  • Establishing and Maintaining Good Credit
  • Understanding Credit Scoring
  • Avoiding Credit Traps
  • Restoring Your Credit
  • Managing Your Money
  • Goal Setting
  • Thinking Like a Lender
  • Becoming A Homeowner
  • Planning for Your Future

Homebuyers Club Workshops

“Journey to Homeownership”

18+ Hours, 6+ Sessions of Group Education and Individual Counseling

Topics:

  • Your Credit and Why It Is Important
  • Establishing and Maintaining Good Credit
  • Understanding Credit Scoring
  • Avoiding Credit Traps
  • Restoring Your Credit
  • Managing Your Money
  • Goal Setting
  • Thinking Like a Lender
  • Becoming A Homeowner
  • Planning for Your Future

Post Purchase Education/Counseling

  • Freddie Mac’s Credit Smart Curriculum Module
  • Preserving Homeownership: Protecting Your Home Investment. 
  • The Credit Smart module topics:
    • Spend and save wisely
    • Plan for the unexpected
    • Maintain your property
    • Avoid financial traps

Pre-Purchase Counseling

Counselor activity includes but is not limited to:

  • Perform Intake
  • Conduct accurate needs assessment
  • Document the household income and expenses
  • Determine household debt level
  • Review client(s) credit report
  • Identify credit challenges
  • Determine and document household savings
  • Develop a household budget
  • Analyze budget and recommend modification
  • Conduct various calculations including affordability based on income and debt
  • Develop a written action plan
  • Provide client follow up
  • Make referrals for additional services needed by client

Foreclosure Intervention Counseling

Counselor activity include but is not limited to:

  • Intake
  • Budget and Credit Counseling
    • Managing Income & Expenses
    • Restructuring Debt
  • Default Counseling
    • Facilitate Workout
    • Obtaining Re-Certification for Mortgage Subsidy
    • Establishing Reinstatement Plans
    • Support for Home Sale
  • Referrals to Other Sources
    • Grant to bridge temporary crisis
    • Loan to make loan current
    • Locating Alternative Housing