Over 400 FAMILIESHomeowners ARE YOU NEXTHA4100 Touro For more information Completing this form does not guarantee enrollment in the Homeownership program A Homeownership Counselor will contact you fo ID: 863512
Download Pdf The PPT/PDF document "have become" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
1 Over 400 FAMILIES have become Homeown
Over 400 FAMILIES have become Homeowners! ARE YOU NEXT? HA4100 Touro For more information, Completing this form does not guarantee enrollment in the Homeownership program. A Homeownership Counselor will contact you for information about the Program. D OF HOUSEOLD SE ADDRESS PARTMENTCITY TEZI CODE ONE # IL ADDRESS Housing Program : Housing Voucher Public Housing If you are interested in learning more about the Homeownership Program, complete the following form and mail or return to:Or, complete and submit an information request form at www.hano.org INFORMAT R ince its creation in ay 2001, HANO’s Homeownership Program has helped over 400 families become rst time homebuyers. HANO sta assists every step of the way on the path to homeownership from initial application to post purchase counseling. uali ed families are referred to HANOpartners such as certi ed home buyer training organizations, realtors, and lenders. amilies may also qualify for an ndividual evelopment Account (A) through the nited Way when available. ousing Choice Voucher participants can also use their voucher subsidy to help pay the cost of a mortgage instead of renting. e Homeownership program oers referrals and assistance, including homebuyer education, individual counseling, and post purchase services for homeowners: Make an appointment with HANO Homeownership Department 2. ReferralYou are provided with resources
2 to encourage smart spending and saving.
to encourage smart spending and saving. • CpcbgrRctgcu • BaliAaamslr• CsapmuAaamslr• Bsbecrgle• Iltcsrmclrs• FglalagalLgrcpaay4. HomebuyersYou will take classes to learn about all facets of purchasing and owning a house. • Mmpreaec• NpmncpryRaxcs• Lmals• HmssgleMaglrclalac• Ilsspalac RYou are now ready to apply for a mortgage and So Second loan. Your Homeownership Counselor will refer you to a lender to begin this process. 6. Secure7. ContractAll documents are signed, the funds are disbursed, and you get the keys to your new home. Housing Choice Voucher Participants • Hcabmdfmsscfmlbmpam-fcabmssrfatcdsllrgmcemployment for at least one year or must be elderly or disabled• Rmralallsalglammcmdarlcasrdpmmemployment. lderly or disabled households are cxcmnr.• MssrbcemmbsralbgleugrfrfcHmssgleCfmgacVoucher Program • MssrlmrfatcmulcbfmmcugrfglrfclasrycapsPublic Housing Residents • Hcabmdfmsscfmlbmpam-fcabmssrbcasppclrHANO public housing resident • Famglymssrbcablcrmmccrallpcosgpcmclrsrmqualify for a loan • Mssrbcemmbsralbgleugrfymspnsblgafmssgletenancy Additional Program RequirementsMglgmsmapcbgrsampcMglgmsmsatglesAll potential home buyers must have a down payment of 3% of the home purchase price with at least 1% coming from the home buyer’s own resources. ese funds are not needed up front to begin the process but families will need these funds before being sent to a lender. T HO PROG