HOME recognizes that buying a home is one of the single largest purchases you will make, so we want you to understand the process to make good choices and decisions. It is our desire to help you with this major investment and we are convinced that comprehensive homebuyer education is an essential first step.
Owning your own home provides security and a good place to raise a family. Homeownership also helps build wealth as you pay off your mortgage and your house increases in value. It is important to understand all of the issues and pitfalls involved in buying a home, so that you can find the house that meets your needs and buy it on terms you can afford. It's not just buying the house that's important - it's being able to keep it as time passes.
HOME has been helping first-time homebuyers prepare themselves since 1975 and we are proud of the outstanding long-term success rate of the people who go through our program! We provide education, individual counseling and financial assistance to qualified buyers.
We offer free help buying a home with:
group homebuyer education classes, pre-purchase one-on-one counseling, money management and credit recovery classes, and downpayment assistance to those that qualify.
Help buying a home
HOME is here to help you along your homeownership journey.
You first need to download the homeownership packet.
If you do not have access to a printer, email us at email@example.com or call 804.354.0641 (press 2 then press 3) so that we can mail a packet to you. The packet will give you insight on the process and also the down payment and closing cost financial assistance programs we offer. The packet contains a credit authorization form for permission to pull your credit report. If you want to receive services, you must complete all items on the Credit Report Authorization Form and return it to HOME via US MAIL (do not fax).
Homebuyer education classes
Following the review of your credit report by HOME staff and finding it ok, you will be invited to attend homebuyer education classes that will teach you what you need to know about finding and buying a house, how to work with a real estate agent, how to get the best mortgage, what happens when you close on a house, how to manage your mortgage, how to avoid being taken advantage of by people who want to lend you money on bad terms and home maintenance.
If your credit is poor, don't give up hope. You can change that. Attend one of our money management and credit recovery classes.
Money Management and Credit Recovery Classes
HOME’s money management and credit recovery classes will help you gain control of your financial affairs, improve your credit and make the changes in your lifestyle that you will need to make in order to become eligible for homeownership. Whatever your problems are, you will find that others have them too - and working together will reinforce your commitment to making changes.
After you have taken the homeownership education classes, you will meet with a certified pre-purchase counselor who will help you evaluate your readiness for homeownership and develop a plan to deal with any issues that may be barriers to homeownership. The plan may include savings goals, paying down credit card debt, or whatever is necessary to make sure you are prepared to purchase - and keep - your own home. Download the homeownership packet and complete the Credit Report Authorization form to get started on the path to homeownership.
HOME offers downpayment and closing cost assistance to those that qualify. Learn more about this assistance.
- Also, learn about special downpayment assistance from Bon Secours for houses in zipcodes 23231 and 23223.
- See affordable housing options from our nonprofit CDC Partners: