Become a Financially Literate Homebuyer
Nov 23, 2022 at 6:00amBeing a financially literate homebuyer is key, as your personal spending, and debt management habits pave the path to you receiving that much-needed home loan
Continue ReadingBeing a financially literate homebuyer is key, as your personal spending, and debt management habits pave the path to you receiving that much-needed home loan
Continue ReadingYour Credit Score is based on your continuous personal financial spending track record or how you pay your retail accounts, credit cards, your mortgage, etc, over an extended period.
Continue ReadingThe more your credit report shows that you are a reliable payer the higher your Credit Score. This shows lenders that you can be trusted with paying back monies owed, fully and within the specified time.
Continue Reading... all the 2022 CalHFA ADU GRANT recipients will receive a 1099 in January 2023 for $40,000.00. The 1099 cannot be deferred, even if the Grant recipient decides to use the funds in 2023.
Continue ReadingWhen a homeowner is approved for the CalHFA’s ADU $40k Grant for predevelopment work, they will receive an award of $35,500 without the Ural Inspection Fee or $33,000 if the Ural Inspection Fee is utilized to pay a licensed professional to get the project back on track.
Continue ReadingThe homeowner saves a lot of money which otherwise goes towards servicing interest on the principal debt, when settling the mortgage earlier than originally scheduled. Early settlement results in shaving off years of mortgage repayments.
Continue ReadingHPP CARES CDE's accomplishments these past few years have been significant and all-encompassing; striving to advocate under the National Coalition for Equities’ umbrella to maintain a powerful community voice among the Federal and State regulators and major private sector corporations to address public policy issues, and to focus on the wealth & income inequality affecting affordable homeownership and small business growth. With the NCFE, HPP CARES CDE’s outreach efforts have led to an increase in corporate social responsibility and consumer protection. We have been able to reach more people, collaborate with more companies, meet with more regulators, all in the name of helping deserving individuals become sustainable homebuyers, successful small business owners, protected consumers and empowering California communities. HPP CARES CDE is at the forefront of helping people of color become partners in our mission to reduce income and wealth inequality and build stronger futures for all minority groups.