This document is used to evaluate credit.
What is a credit report?
This insurance must include HOME as a mortgagee when the grant has a lien.
What is homeowners insurance?
What is the action plan?
Thi agency provides, make grants to or contract with public or private organizations to provide a broad range of housing counseling services to homeowners and tenants to assist them in improving their housing conditions and in meeting the responsibilities of tenancy or homeownership.
What is Housing and Urban Development? HUD?
This organization creates affordable housing by providing a land lease.
Who is the Maggie Walker Community Land Trust?
This person has applied for assistance and is going on the mortgage.
Who is the applicant?
This type of insurance is mandatory for clients using REHPAP and HEHPAP?
What is buyer's title insurance?
This is the number of days that cannot be exceeded with client contact.
What is 60?
This is is a business or financial institution focused primarily on originating, funding, and sometimes servicing mortgage loans for residential or commercial properties.
What is a mortgage company?
This organization develops affordable housing, has energy saving programs, rehab programs and build ramps.
Who is projectHomes?
This is the minimum # of years of employment history that we must collect.
What is two years?
This document is sent to the settlement agent with fee itemization.
What are Closing instructions?
This is the minimum # of referrals to be provided to a client.
What is three?
This is a self-supporting, not-for-profit organization created by the Commonwealth of Virginia. Its mission is to help Virginians attain quality, affordable housing by providing mortgages primarily for first-time homebuyers and developers of quality rental housing.
Who is Virginia Housing?
This organization develops affordable rental housing, affordable housing for purchase and has a Homebuyer Club program in which participants may receive up to $1,000 towards their DPA.
Who is Better Housing Coallition?
Name two counseling discussion items.
What are 1) ______ and 2________?
These are two acceptable forms of payment for cash to close at settlement.
What are funds wire and cashier's check?
Every housing counseling session requires a financial and housing affordability _____________of the client's financial situation.
What is analysis or assessment?
This organization issues professional credentials such as licenses, certificates or registrations. You can do a home inspector license search here.
What the Department of Professional & Occupational Regulation?
This developer builds affordable housing as fas as Emporia.
Who is Southside Community Development and Housing Corporation?
This is the name of the disclosure in which the client states 1) They are a first-time homebuyer, 2) their income does not exceed the program limit and 3) they have fully disclosed the cash assets available to them.
What is the Program Requirements Certification?
This signed document is your promise to pay.
Participating agencies must make a reasonable effort to have ____________________communication with the client, to ensure that the client is progressing toward his or her housing goal, terminate housing counseling, and to learn and report outcomes.
What is follow up?
This is the place that prepares the closing.
What is the settlement agency?
This organization is a developer of affordable housing, developing in Henrico, Richmond and Chesterfield. Sweat Equity is required.
Who is Richmond Metropolitan Habitat for Humanity?