Providing Housing Opportunities for the HAMPTON ROAD’S Community
Road to Homeownership Pre-purchase Programs
Are you considering Buying a Home?
The Urban League of Hampton Roads, Inc. (ULHR) Housing and Financial Capabilities Center program goals are to EDUCATE and EMPOWER potential homebuyers on the homeownership process from preparing to apply for a mortgage to turning the key in the front door of your new home. The ULHR teaches you the benefits of homeownership through one-on-one Pre-Purchase Counseling and First Time Homebuyer Education Classes/Workshops. Emphasis is placed on the importance of financial management through budget planning and creation to provide tools on how to enjoy your home while building wealth. The ULHR has partnerships with outside agencies to assist with Employment Opportunities, Down Payment Assistance Programs, Legal Support, Real Estate Agents and Mortgage Lenders. Have comfort in knowing each person’s goal is for you to make a smooth transition into your NEW home.
Learn the overview of the entire home buying process. Schedule a one on one appointment with a Certified Housing Counselor to complete an initial financial assessment. Housing Counselors work with you to create an action plan to help you achieve your goal of owning a home. Counselors also identify possible obstacles to the lending process to avoid any unexpected glitches. Other counseling sessions available include:
The Urban League of Hampton Roads utilizes Virginia Housing Development Authority’s (VHDA) homebuyer curriculum to educate people interested in purchasing a home. Program participants learn in one day of training, the entire home buying process and how to stay on track as a responsible homeowner. Local VHDA Certified guest speakers participate in the classes and cover their area of expertise in their perspective areas. The homebuyer workshops are held monthly in Virginia Beach and on alternating months in the Hampton location
Additional Pre-Purchase Workshops Available in 2015
Learn various techniques to repair your credit and remove false/erroneous information from your credit report.
Learn the Role of the Real Estate Agent and what not to miss when searching for the largest purchase you’ll most likely ever make.
Thinking Like an Underwriter
Learn the role of the Lender and what underwriters are looking for when approving a mortgage loan.
Learn the basics about budgeting, credit and how to build personal wealth.