PROGRAMS / FIRST-TIME HOMEBUYERS
Overview of Homebuying Services and Grant Programs
Our homeownership program offers a variety of free services. We are a not-for-profit organization approved by Housing Urban Development (HUD). A counselor works with you every step of the way till closing. Our services are outlined below:
FIRST STEP!
Homebuyer Orientation Workshop
(120 minute session)
Overview of the homebuying process. Review how income, savings and your debt affect your ability to purchase. Discuss housing options: 1-4 family, condos and co-ops. Provide referrals of reputable professionals. Review of grants for down payment, closing coast assistance and various mortgage products for first time homebuyers are discussed.
Click here for the Homebuyer Intake Form. - (pdf)
Click here to register for Workshops.
One-on-One Homeownership Counseling - MEET WITH A COUNSELOR!
(45-60 minute session)
Analysis of personal finances, including income, savings and debts. Assessment and opportunity for Q&A on topics such as housing options, recommendations of reputable real estate professionals and review of eligibility for grant assistance. Review of credit reports and basic budget counseling is also provided to assist you with creating a comprehensive plan to help you get you on the right track towards your goal of homeownership.
*Attendance to the homebuyer orientation workshop is REQUIRED before meeting 1:1 with a housing counselor.
Income Verification for the Purchase of a Fair and Affordable Housing Development
WRO provides assistant with verification and qualifying of an individual interested in the purchase of any designated affordable housing property. Click here to find homes for SALE!
Credit & Budget Counseling
(45-60 minute session)
Assessment of credit report and a step by step process on how to address credit issues is provided. WRO also helps you create a monthly spending budget; and refer you to legitimate credit counseling agencies and/or bankruptcy attorneys, if needed. Counselors can meet with clients quarterly to help track progress.
Homebuying Educational Program
(6 session workshop series)
Hear professionals speak about what they do, and the overall process when working with real estate agents, attorneys, home inspectors, and lenders. Learn what happens from finding your home to the closing. Certificates of competition are provided. Enrollment and deposit is required to attend workshops. SPRING session is CLOSED! Currently enrolling for September Classes
Grant Programs
"First Home Club” Savers Program
Down payment assistance savers program - $7,500 (Minimum participation is 10 months) |
Click below - (pdf)
Frequently Asked Questions
Income limits |
"Asset For Independence"
Savers Program
Down Payment assistance savers program - $7,500 (minimum participation is 12 months) |
Click below - (pdf)
Frequently Asked Questions
Income limits |
American Dream Down Initiative Program
Down Payment assistance program. Ready and able buyers can receive up to 6% of the purchase price.
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INCOME & PROPERTY RESTRCITIONS APPLY |
Please call for an appointment
Phone: (914) 428-4507 x324
Fax: (914) 428-9455
E-mail: Homebuying@wroinc.org
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