[ Browse by Service Category : Topics Related to Home Purchase/Construction Financing/Refinancing (4) ]
Programs that make mortgage payments for people who are at risk of losing their homes without assistance. Mortgage payment assistance programs may have age, income, disability, need or other eligibility requirements.
Programs that make housing more readily available to middle or low-income individuals and families or other identified groups by offering lower priced or cooperative housing and/or affordable payment plans, arranging for interest or mortgage subsidies for people who qualify on the basis of income, or by providing mortgage-free homes, generally for designated populations.
Programs that provide assistance for people who are in the process of obtaining a loan or line of credit to ensure that they understand the terms and conditions of the document they are about to sign and, where relevant, prevent them from becoming victims of predatory lending practices.
Programs that provide interest free, low interest or market interest rate loans for people who do not have the credit or the income to secure loans on the conventional loan market.
The above terms and definitions are part of the Taxonomy of Human Services, used here by permission of INFO LINE of Los Angeles.