There is hope for homeownership even if you have poor credit.

The Neighborhood Assistance Corporation of America ("NACA") is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or refinance a predatory loan with far better terms than those provided even in the prime market.

For more information, click here NACA PURCHASE PRODUCT

Beyond Housing’s Homeownership Center is helping make the dream of homeownership a reality for families in the St. Louis area. We assist current and prospective homeowners from throughout the St. Louis region in their efforts to acquire and maintain their homes. Our educational workshops, one-on-one personalized services, and other services are designed to help families and individuals build and maintain wealth through savings and equity in their homes.

For more information click here BEYOND HOUSING - St. Louis, MO

Rehab a Home w/HUD's 203(k)The Federal Housing Administration (FHA), which is part of the Department of Housing and Urban Development (HUD), administers various single family mortgage insurance programs. These programs operate through FHA-approved lending institutions which submit applications to have the property appraised and have the buyer's credit approved. These lenders fund the mortgage loans which the Department insures. HUD does not make direct loans to help people buy homes. The Section 203(k) program is the Department's primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities. Since these are the primary goals of HUD, the Department believes that Section 203(k) is an important program and we intend to continue to strongly support the program and the lenders that participate in it.

For more information, click here 203(k) Loan

 
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