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At a QCAP workshop, participants have the opportunity to learn from
and speak directly with housing experts, including:
- Real
Estate Brokers
- Home
Inspectors
- Insurance
Agents
-
Lenders
- Attorneys
These
experts provide participants with the information and education
they need to make careful and intelligent choices in purchasing
a home.
Workshop
topics include:
-
Determining how much of a mortgage you can afford
- Locating
a property within your budget
-
Finding the right mortgage program for you
-
Making an offer
-
Signing a purchase and sales agreement
-
Obtaining a home inspection
-
What to expect at closing
Graduates
of QCAP's FTHB workshops receive a certificate of completion and
may qualify for a variety of mortgage options and down payment assistance
available through QCAP, MassHousing and local municipalities, as
well as conventional lending sources.
QCAP
workshops are conducted in multiple sessions, for a total of nine
hours. Workshops are held monthly at locations throughout Norfolk
County. Advanced registration is required.
Click
here for information on our next workshop. To register, contact
(617) 479-8181 ext. 172 or complete the
on-line registration form.
Down
Payment Assistance
QCAP offers 0% deferred loans of up to $10,000 for eligible first
time homebuyers in need of assistance for down payments and closing
costs.
To qualify for assistance, applicants must meet income guidelines
and complete a First Time
Home Buyer workshop.
Home
of Your Own Program
QCAP
is proud to partner with Citizen's Housing and Planning Association
(CHAPA) in the FHA's Home of Your Own Program (HOYO). HOYO is part
of a growing nationwide effort to increase the ability of disabled
individuals to take control of their living situations and housing.
As a HOYO counseling agency, QCAP verifies income eligibility for
program participants and provides assistance through the home buying
process.
Home
Equity Mortgage Conversion Program
Limited
income homeowners age 62 and up can convert their home equity into
cash to cover living expenses through a Home Equity Conversion Mortgage
(HECM). Through HECM, homeowners can opt to receive funds as a lump
sum distribution, monthly payments or both. QCAP housing staff are
available to provide counseling and information on reverse mortgages,
as well as explore financial options with homeowners, enabling them
to make an informed choice.
Lead Abatement Assistance
QCAP
seeks to make entry into home ownership more feasible by helping new
buyers access programs to improve the properties they can afford. QCAP has
been designated as a rehab agency in Norfolk County to assist
homeowners under MassHousing's Get The Lead Out program. This program
helps eligible homeowners abate the lead in their homes with a 0%
deferred payment loan of up to $20,000. Investor-owners may also
be eligible for similar loans at a low interest rate. For more information
contact (617) 479-8181 x 113.
Mortgage
Default Counseling
QCAP
staff have successfully helped many homeowners at risk of losing
their homes through foreclosure by providing individual mortgage
counseling including:
-
Negotiation with lenders
-
Referral to legal services
-
Budget and financial management
-
Sale of property
-
Limited financial assistance
Budget
& Credit Counseling
QCAP's
budget and credit counseling to teach clients how to manage their
budget an dhow to strengthen and improve their credit.
Landlord Counseling
QCAP
provides individualized counseling to landlords about their rights
and obligations.
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