Eligibility for Home Buying Program
 Affordable
Homes Westmoreland, includes a group of non-profit
agencies and community developers working along with the
Westmoreland County Department of Planning and Development.
Westmoreland Community Action is the central non-profit agency
building and selling new homes in revitalized communities in
Westmoreland County.
If you are a first time home buyer, or have not owned a home in
the last three years, or are a displaced homemaker (and your income
qualifies), you may be eligible.
Don't Count Yourself
Out
In our experience, more people qualify than think they do.
Homebuyers with incomes of at least $30,000 may qualify for a
mortgage to purchase one of the homes in the revitalized
communities. So don't count yourself out before taking that first
step.
Contact Northwood Realty
today!
When it's determined you may qualify, Westmoreland Community Action
will send you an
application. To complete the application, you will need to
provide bank statements and verification of all household income.
Strapped for Cash?
Help with down payment and closing costs is available
for
first-time homebuyers.
80% of Area Median Income
The following chart gives you an idea of where your income needs
to be with the number of people in your household.
We use Area Median Income (AMI) as our measurement tool. AMI is
defined by the federal Department of Housing and Urban Development.
Households that earn up to 80% of AMI may qualify for a mortgage and
can therefore participate in first-time homebuyer programs.
Total Number of
People in Household |
Maximum Total Household Income
Based on 80% of Area Median Income
(AMI) |
| 1 |
$35,300 |
| 2 |
$40,350 |
| 3 |
$45,400 |
| 4 |
$50,400 |
| 5 |
$54,450 |
| 6 |
$58,500 |
| 7 |
$62,500 |
| 8 |
$66,550 |
Effective: 5/17/2010
First, Find Out if You Qualify
Your first step is to
contact Vicki Pilato
(Jeannette) or Mary Jo Claybaugh (Monessen) at
Northwood Realty
who will determine if you qualify. If you're working with a realtor,
you can also ask your realtor to contact Vicki or Mary Jo.
Jeannette
Vicki Pilato
Northwood Realty
724-838-9644 Ext 161
vpilato@northwood.com
Monessen
Mary Jo Claybaugh
Northwood Realty
724-929-1370 Ext 29
mjclaybaugh@northwood.com
If it is determined that you qualify, Westmoreland Community
Action
will send you an application. For the application you will
need to provide bank statements and verification of all household
income.
For mortgage repayment ability, homebuyers should have a
household income between $30,000 and $56,000,
depending on the number of people residing in the home, so don't
hesitate to call.
Second, Take Advantage of our Homebuyer's Program.
Westmoreland Community Action's Homebuyer Resource Center guides
you through process of buying a home.
Graduates of this one-session program who meet income and
eligibility requirements can purchase a newly built home in a
revitalized Westmoreland County neighborhood.
Visit
Westmoreland Community Action's Housing programs page or call
724-552-0492 to learn more.
Housing Counseling is FREE!
Interested in buying a house but not sure if you're financially prepared?
Talk with one of our Westmoreland Community Action housing counselors
about the home buying
process, how to improve your credit score, and budgeting for home expenses
and a regular mortgage payment. In some cases, it only takes a few months to
turn around your credit rating and become eligible for homeownership.
Visit
Westmoreland Community Action's Housing programs page or
call 724-552-0492 to learn more.
How Much Help is Available?
Home buying is about more than finding a good mortgage.
From Homebuyer Classes to Credit Enhancement workshops, help is
available to prepare you for home ownership and give you the
confidence to keep that home throughout the years.
Take advantage of the Classes & Events designed to help you
understand the home buying process and become financially prepared.
Learn about transitional housing and housing programs sponsored
by
Westmoreland Community Action.
Start by contacting Vicki Pilato
(Jeannette) or Mary Jo Claybaugh (Monessen) at Northwood Realty to
begin the
application process.
Visit our Can I Afford a Home page
for more information.
Service Area
We are dedicated to helping you find affordable homes for sale in
Westmoreland County, including but not limited to the cities of
Derry, Jeannette, Latrobe, and Monessen.
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