Before you begin thinking of applying for a home loan, auto loan or filling out a credit card application, it’s important to know you credit score.
It can be easy to forget, but it’s one of the main criteria lending agencies check to decide if you’re approved or not and at what interest rate. A higher credit score will enable you to secure a lower interest rate and, consequently, lower monthly mortgage payments on your new home. Simply put, life is cheaper with better credit.
Until June 30, the HomeOwnership Center is celebrating Home Ownership Month by offering ½ off credit reports per applicant.
So, whether you’re thinking of buying a house soon or not, you can still take advantage of this offering. Knowing your credit score is the first step to better understanding your credit and financial situation.
Continue reading “The benefits of checking and understanding your credit report”
The HomeOwnership Center is thrilled for this year’s NeighborWorks Week. Last year, like many celebrations, NWW events were done virtually or limited in the number of attendees.
This year, HOC is partnering with Highland Meadows and Highland Community Builders for an open house event opened to potential area homebuyers.
Though, HOC will be following all CDC guidelines and keeping the safety of staff and attendees as the highest priority, we are excited for the opportunity to chat with potential homebuyers about our services.
Continue reading “Open House to Celebrate NWW and Home Ownership Month”
NeighborWorks America is a public non-profit organization dedicated to creating opportunities for people to live in affordable homes, improve lives and strengthen communities. More than 240 network organizations in the United States, District of Columbia and Puerto Rico are affiliated with NeighborWorks. The HomeOwnership Center is one of only two organizations in West Virginia that are members of the NeighborWorks America network.
For 40 years, NeighborWorks America has been supporting its housing and community development member organizations with funding, training, technical assistance, and a peer network full of great ideas and best practices.
What does being a NeighborWorks Organization (NWO) mean to the HomeOwnership Center, and how does this affiliation essentially help our customers and communities?
Continue reading “How does NeighborWorks America help the HomeOwnership Center?”
Unexpected damages and repairs are part of being a homeowner. Older houses need enhanced and maintained, safety precautions need to be installed and sometimes you just want to change the overall feel of your home.
JoLynn Powers chats about how the HomeOwnership Center assisted with her family’s home improvement project.
Continue reading “Local homeowner turns to HOC’s Home Improvement Loan”
Do you have a leaky roof that needs fixed? Or would you like to renovate a bathroom to accommodate you or another family member? Are limited funds the reason these projects have been put on the backburner?
Luckily, the HomeOwnership Center’s home repair loans can help you start enjoying your home in a new, renovated way!
Improving your home has tons of benefits for the homeowner and the resale value (should you decide to sell your home later down the road). Home improvement projects can modernize your home, increase living space, make your home safer and provide a new sense of comfort.
Here’s everything you need to know about our home improvement loans.
Continue reading “How HOC’s Home Improvement Loans Can Help Complete Your Home Projects”
The thought of purchasing a home can be daunting and have you clouded with doubts and fear of ‘can I afford this?’ Approaching a lending agency or bank can be even more intimidating as new worries of homeownership begin to sink in.
At the HomeOwnership Center, we stay with you every step of the way – from assessing your readiness to buy a house to that wonderous closing day.
We work with you on lending options, support you through times of doubts, guide you on how to boost your credit score and celebrate when you finally become a homeowner.
When you begin working with the HomeOwnership Center, you’ll meet with our homeownership advisor Jami Stewart. Jami is full of warmth and information and will help you determine the next steps in your homebuying journey.
In our latest blog, Jami helps ease any hesitation by explaining the initial steps of working with HOC.
Continue reading “Taking the first step in homebuying with HOC: What to expect?”
The HomeOwnership Center, Inc. is excited to announce Tucker County native Chris Vance has joined the organization’s team as a loan originator. Chris recently passed the pre-licensed education course and is a now a licensed loan specialist.
As a loan originator, Chris will prepare and review applications and work directly with customers on specific loan products offered through HOC. She will also assist customers from the start of the house buying process until closing day.
Chris received her associates degree in business administration from Davis and Elkins College. For more than a decade, she has worked for a local law firm where she prepared for and performed real estate closings. Chris’s former experiences has helped her create professional relationships with local realtors.
Chris is looking forward to working with community members and helping our customers become successful homeowners.
“I’m excited to begin working closely with potential homebuyers and to be part of their journey of buying their first, or second, home,” she said. “Homeownership is such a thrilling time in a person’s life, and I’m more than willing to help find the perfect loan program that will make someone’s dream come true.”
Chris currently resides in Elkins with her husband Dave and two fur babies. She enjoys being outdoors and spending quality time with her family.
Understanding financial management, budgeting, credit scores and the importance of savings is fundamental when it comes to bettering your personal financial situation. That is why during the month of April, known as Financial Literacy Month, organizations carry out initiatives designed to improve financial literacy. Financial literacy refers to the ability to understand and apply different financial skills effectively.
Fortunately for residents of Randolph County and surrounding areas, the Financial Opportunity Center (FOC) works with clients all-year-long, completely free and 100 percent confidential, to assess and enhance clients’ financial affairs. Continue reading “Financial Opportunity Center available for financial education & more”
The HomeOwnership Center is excited to announce Randolph County native and local attorney Katie Marcum has joined the HOC Board of Directors. Katie became a member of the HOC board of directors in March 2021 and is eager to begin working with the organization and collaborating with community partners.
Continue reading “Katie Marcum joins HomeOwnership Center Board of Directors”
Meet Samantha and Owen – two Pennsylvania natives who made their way to the Mountain State roughly eight years ago. Owen came to Elkins in 2012 to study at Davis and Elkins College, and Samantha followed suit in 2015 to be a member of an AmeriCorps program. Now, Owen is employed at VanNostrand Architects based in Buckhannon and Samantha works at LMC & Associates in Elkins. After living in downtown Elkins for five years, the pair decided it was time to purchase their first home together and turned to the HomeOwnership Center for some homebuying education and guidance.
We chatted with Samantha and Owen to find how out the house hunting process was and how the HomeOwnership Center played a role in finding their Randolph County home.
Continue reading “Happy Homeowners – Samantha & Owen”