This document provides an introduction to homeownership. It discusses Origin SC, an organization that provides financial counseling and education. It then gives a brief overview of credit scores, including how they are calculated and how to improve a score. The document outlines different types of home loans and down payment assistance programs. It emphasizes consulting a homebuyer counselor first in the homebuying process. Finally, it advertises additional financial workshops and one-on-one coaching sessions.
Whenever you face some cash problems and do not have cash to pay them off, apply with Payday Loans Now. These are short term small amount loan without any collateral demand.
Study loan abroad : How to secure education finance for studies abroad?Rahul Singh
However, repayment is also one of the important part of study loan abroad finance and you need to clear the debt associated with your loan. As this is the best helping hand that you get during your rainy days of searching finances for your higher studies.
No Credit Check Loans: Perfects For Single Earning Families glennlove1
No credit check loans are very smooth to be paid off and are also easily accessible on the fulfilment of certain simple procedures. With no checking of the credit records, the money gets approved faster here.
Whenever you face some cash problems and do not have cash to pay them off, apply with Payday Loans Now. These are short term small amount loan without any collateral demand.
Study loan abroad : How to secure education finance for studies abroad?Rahul Singh
However, repayment is also one of the important part of study loan abroad finance and you need to clear the debt associated with your loan. As this is the best helping hand that you get during your rainy days of searching finances for your higher studies.
No Credit Check Loans: Perfects For Single Earning Families glennlove1
No credit check loans are very smooth to be paid off and are also easily accessible on the fulfilment of certain simple procedures. With no checking of the credit records, the money gets approved faster here.
It is not entirely uncommon, for most of us to be faced with emergency situations in which we are not able to meet our current needs financially. These are some of the most stressful times that one can go through.
Bad credit personal loans offers bad credit unsecured personal loans,bad credit secured personal loans and bad credit history personal loans at low interest rate.
The Customer Owned Banking Association organises a number of events throughout the year to highlight the role credit unions, building societies, mutual banks and friendly societies play in the retail financial services sector and the community. This deck will be/was presented at the COBA conference on Financial Literacy In Sydney on February 24th 2016
Debt counseling offers people who are over-indebted a way to negotiate a more affordable repayment plans with their creditors. There are no limitations on who can use debt counseling- anyone can apply to debt counselor for debt review.
http://payplansolutions.co.za
Being personal loan eligible all the timeAnisha Sachit
Money is one of the most essential things required to shape our lives. Money has the potential to turn our dreams into reality. But the difficulty which we need to face at many occasions is the lack of sufficient money.
Blog: https://financebuddha.com/blog/being-personal-loan-eligible-all-the-time
Financial advisors guide to senior livingBrad Breeding
Developed by My LifeSite, this guide provides financial advisors and other professionals with a high-level overview of the various types of senior living providers, as well as the key considerations one should take into account when deciding whether to stay at home or move to a retirement community.
CRHDC\'s Home Ownership Center offers Education, Lending and Real Estate Services to assist low-to-moderate income individuals throughout Colorado acheive Home Ownership.
Presented by Jann Schultz, AVP Donor Services, Operation Smile and Angel Aloma, Executive Director, Food for the Poor, July 2013. Learn proven strategies from our experts to optimize long term value of your direct response donors by moving them up the giving pyramid. Utilizing case studies, this presentation will offer proven concepts regarding development of donor pathways, messaging and offer development and highly personalized contact strategies to optimize donor value.
It is not entirely uncommon, for most of us to be faced with emergency situations in which we are not able to meet our current needs financially. These are some of the most stressful times that one can go through.
Bad credit personal loans offers bad credit unsecured personal loans,bad credit secured personal loans and bad credit history personal loans at low interest rate.
The Customer Owned Banking Association organises a number of events throughout the year to highlight the role credit unions, building societies, mutual banks and friendly societies play in the retail financial services sector and the community. This deck will be/was presented at the COBA conference on Financial Literacy In Sydney on February 24th 2016
Debt counseling offers people who are over-indebted a way to negotiate a more affordable repayment plans with their creditors. There are no limitations on who can use debt counseling- anyone can apply to debt counselor for debt review.
http://payplansolutions.co.za
Being personal loan eligible all the timeAnisha Sachit
Money is one of the most essential things required to shape our lives. Money has the potential to turn our dreams into reality. But the difficulty which we need to face at many occasions is the lack of sufficient money.
Blog: https://financebuddha.com/blog/being-personal-loan-eligible-all-the-time
Financial advisors guide to senior livingBrad Breeding
Developed by My LifeSite, this guide provides financial advisors and other professionals with a high-level overview of the various types of senior living providers, as well as the key considerations one should take into account when deciding whether to stay at home or move to a retirement community.
CRHDC\'s Home Ownership Center offers Education, Lending and Real Estate Services to assist low-to-moderate income individuals throughout Colorado acheive Home Ownership.
Presented by Jann Schultz, AVP Donor Services, Operation Smile and Angel Aloma, Executive Director, Food for the Poor, July 2013. Learn proven strategies from our experts to optimize long term value of your direct response donors by moving them up the giving pyramid. Utilizing case studies, this presentation will offer proven concepts regarding development of donor pathways, messaging and offer development and highly personalized contact strategies to optimize donor value.
Do you know anyone with less than perfect credit or excessive debt? Look at this short 4 minute video www.protectionthatpays.com and give me your opinion about it.
Building assets is one of the most effective pathways out of generational poverty and into financial stability. To build assets, families need financial education, asset building opportunities, and the ability to protect assets. Building and maintaining credit is a key part of this process. This session will provide an introduction to the strategies and policies that are helping families build credit and get on the path to financial stability.
Presenters
Sarah Chenven, Credit Builders Alliance
Abby Wood, Metropolitan Family Services
On January 24, members of Freestar Financial attended a Mortgage Mixer Event. The Vice President of Lending, Jennifer Martines and Realtor, Peter Toering presented the importance of having a good credit score and the documentation you will need in order to start a mortgage application.
Today's Realities, "Think About It . . . What Would It Be Worth? clyde leverett jr
* Toughest financial era since the Great Depression
* Average US debt is over $16,000 excluding mortgages
* More than one-in-four Americans have no savings / 49%
have no retirement
* Only 18% know they are on track to reach their income
goal in retirement (Source: Forbes)
* 65% have no will, 82% have no trust & 71% have no
power of attorney (Source: Lawyers.com, 2009)
* Every 3 seconds an identity is stolen (Source: Javelin
Strategy & Research Identity Fraud Survey Report,
* About 43 million people have a 599 credit score or lower
Credit Repair Education for Libraries 6.15.19Victor Johnson
Victor Vonico Johnson, as General Partner for Credit Restoration Mentors, conducts a talk at a Carrollton Texas Library to educate the community about the benefits of good credit, and how to achieve it.
A day in the life of someone improving his or her credit ratingEdward
Top tips on improving your credit rating including information to help you understand bad credit. This slideshare will help you manage your debts and find the right debt solution for you.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
3. Who is Origin?
• Origin SC empowers individuals to achieve
financial and housing stability through advocacy,
counseling, and education.
• Founded in Charleston in 1888
• 2003: Added the Homeownership Resource
Center
– Programs: homebuyer education, homeownership
preservation, fair housing, financial education &
coaching, credit improvement, and more!
4. Credit: A Brief Overview
• How is a credit score calculated?
– See pie chart
• Why are they different?
– Each bureau uses their own formula.
• What does it mean?
– Excellent 720 and up
– Good 680-719
– Average 620-679
– Poor 580-619
– Bad 500-579
– Miserable 500 and below
• How can I improve it?
– Pay down debt, stay informed, open a secured credit card.
Payment
History
35%
Amounts
Owed
30%
Length
of Credit
History
15%
Types
of Credit
10%
New
Credit
10%
5. Types of Lending Products
• Conventional
• FHA
• USDA Guaranteed and Direct Section 502
• VA
• Fixed rate vs. ARM
6. Down payment Assistance
• Any source that awards DPA has own
underwriting guidelines.
• DPA forgivable
• DPA repayable
• Award $ varies by source
• Income restrictions apply
7. Homebuying Team
Homebuyer Counselor, Mortgage
Broker/Lender, Real Estate Agents, Home
Inspectors, Appraiser, etc….
Who should you consult with FIRST in the home
buying process?
A. Realtor
B. Homebuyer Counselor
C. Mortgage Lender
D. Home Inspector
10. NEXT STEPS…Moving Forward from here
• Making Ends Meet
– Learn basic budgeting techniques and day-to-day money
management strategies.
• Managing Your Student Loans
– For anyone going to college, in college, or currently *trying* or
*failing* to pay your student loan debt! Learn about different
types of student debt, repayment options, financial assistance,
and even what to do if you are in default.
• Credit Cents
– Learn to manage and understand a credit report and discover
the positive steps you can take to improve your credit score.
• First Time Homebuyer
– Take advantage of this comprehensive HUD-certified workshop!
Learn the latest from our licensed homebuyer coaches and meet
trusted professionals in the industry.
SCHEDULE WORKSHOPS
12. Thank you!
Let us know how we did today for a chance to win a $25
gift card! Just log onto www.originSC.org/clientsurvey
Origin SC
843.735.7802 | www.OriginSC.org
Like us on Facebook at www.facebook.com/homestartshere
Follow us on Twitter @origin_sc
Editor's Notes
Think of it this way – The higher the credit score, more options you will have available. Lenders are looking for a 620-640 if you need down payment assistance. Less out of pocket expenses for you. Lower the credit scores, less options - The lenders with lower credit scores options may result in higher out of pocket. Higher credit score = lower interest rate. Lower credit score = higher interest rate.
Traditional Conventional are typically 10%-20% down payment. FHA minimum Borrower down payment is 3.5%. USDA and VA offers 100% Finance options. Fixed rate, interest does not change, ARM interest rate can change based on the Margin. ARM have Lifetime Interest rate margin caps. New 2015 Changes: regardless of the mortgage loan product, All Student Loans, Deferred, Forbearance, and/or $0 payment consolidations, will be included in the Debt to Income Ratio. 1% OF THE UNPAID BALANCES WILL BE APPLIED. SOME LENDERS WILL ALLOW THE USE OF PROJECTED PAYMENT DOCUMENT FROM THE SERVICERS. USDA DIRECT WILL NOT USE THAT DOCUMENT…WILL AUTO CALCULATE 1% OF THE UNPAID BALANCES SHOWN ON THE TRIMERGE
Satisfactory Home Inspections and / or Home Warranties required.
Great job, The Homeownership Resource Center is here to provide workshops and one-on-one counselor with licensed counselors. Your counselor will help you learn more about the steps needs to purchase a home and can often help you resolve any financial issues before you even meet with a lender.
Only you know the answer. The important thing to do now, is stay connected to resources that will help you if you need credit improvement, home buyer education, budgeting help, or if you feel ready but reluctant to take that next step. The Homeownership Resource Center is here to HELP YOU!
