Monica has a lot to celebrate this year! We told you about her earlier this year when she completed her pre-purchase counseling and moved into the lending process. All of her hard work and determination has paid off. Monica is officially free of rent and landlords and owns her own home! She just purchased a beautiful home in Morristown through Clinch-Powell’s Homeownership Made Easy Program!
With Homeownership Made Easy, Clinch-Powell helps the borrower to find affordable financing, often without down payment requirements, and uses Federal HOME dollars to purchase and rehab a house to sell to the borrower at an affordable rate. The program essentially enables borrowers who might only qualify for a very low amount to purchase a better quality home that will pass the proper inspections and provide more stability for them in the future, while remaining within their budget. Read more...