Post Purchase Counseling
Home ownership is rewarding however homeowners may face many challenges and responsibilities including the importance of establishing and maintaining a budget and good credit; neighbors and neighborhoods; home improvements and the benefits of community involvement. The focus of Post Purchase Counseling is to identify any potential challenges to homeownership and problem-solve resolutions to insure successful long-term homeownership.
Budget & Credit Counseling
Learning to make sound financial decisions, budgeting and using credit wisely is the foundation of future financial security. It helps consumers avoid scams, bankruptcy, predatory lending and empowers individuals in an increasingly complex financial world. Budget and credit counseling are designed to improve the individual’s “financial fitness”. A detailed review of personal spending habits, personal savings potential, use of credit, monthly cash flow, and the development of long-term financial goals are among the topics covered. Budget and Credit Counseling is an excellent precursor to BNCI’s Home Buyer Education for future homeowners
Foreclosure Prevention/Mortgage Default Counseling
Current homeowners may find themselves in a financial hardship facing foreclosure and the loss of their home. Or they may be referred to our agency when circumstances occur that result in the homeowner falling behind in their mortgage payments. Counselors work with the client to assess the cause of default, determine if the homeowner is in jeopardy of emanate foreclose and discuss ways to bring the mortgage current and any relief options that may be available to the homeowner. Clients may be referred to other community resources for budget and money management counseling. Counselors will determine if the client may be a candidate for other foreclosure avoidance “tools.” Proactive, ongoing counseling is recommended to insure all steps are taken to avoid foreclosure.