By Paul McLaughlin on September 28, 2018 in Success Stories
Homeownership was a goal for Jackie and Mike Thompson while renting an apartment in Concord. However, they were not certain about how prepared they were and were still just thinking about the possibility. In August 2017, they participated in HOMEteam’s Financial Literacy workshop series, followed by an eight-hour First-Time Home Buyer seminar in[...]
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By Paul McLaughlin on June 1, 2017 in General Information
It’s not looking good for homeownership these days. According to the U.S. Census Bureau, 63.7 percent of households owned their homes at the end of 2016, down from a peak of 69.2 percent in 2004. While there have been small increases in recent quarters, the homeownership trend since the financial crisis continues to[...]
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By rtufts on February 28, 2017 in General Information
Saving for a down payment and escalating home prices are two reasons that make it difficult for low income homebuyers to purchase a home. Did you know that the USDA 502-Direct loan program solves these issues and more for homebuyers? Designed for low income families purchasing homes in rural areas, this loan offers[...]
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By hometeam on June 2, 2015 in Success Stories
When Jeremy Charron lost his construction job in the wake of the 2008 housing crisis, he and his wife Siobhan had no choice but to file for bankruptcy. They thought their credit would never recover, even after they got back on their feet, and that their dream of owning a home would remain[...]
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By rtufts on February 24, 2015 in Financial Tips
Tips to build the score you need for the mortgage you want. Your credit score is an important factor in buying your new home. It helps determine the type of loan you qualify for, the interest rate you pay, how much you can spend on a home, and in some cases if you[...]
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