As a NeighborWorks® HomeOwnership Center, we offer a friendly and convenient one-stop-shop for homeownership.  We have all the services and training needed to shop for, purchase, renovate, insure, maintain or manage a home—all under one roof.  The programs offered at the HomeOwnership Center include the following:

Housing counseling: Our HUD certified Housing Counselors offer specific guidance tailored to the needs of an individual to overcome particular obstacles or address specific concerns in the homebuying process such as: financial analysis, mortgage qualification, developing an action plan to overcome barriers to homeownership, and contact links with housing industry professionals. 

Pre-Purchase Education: These classes are taught by HUD-approved certified homebuyer education trainers and counselors.  Instruction usually takes place in a classroom with a group, but may be delivered to individuals through self-study.  Typical subjects include homeownership readiness and affordability; money and credit management; types of properties and financing available; purchase, mortgage and closing processes; and home maintenance and financial management after the sale. 

Financial Fitness: This program is a five week, 5-hour financial literacy workshop series, held for one hour once a week, for those who are interested in building their financial literacy skills, reducing debt or curing credit issues.  Anyone is eligible to participate in the program, regardless of income.  The program is available at no cost to the participants, and childcare services and refreshments are provided.  As an incentive to participating in the Financial Fitness Program, members are given the option to open an Individual Development Account (IDA) to encourage saving and asset building. 

Homebuyers Clubs: This is a directed educational self-help program aimed at building responsible homeowners in a support-group setting.  The HBC Program is aimed at families or individuals facing obstacles to home ownership that can not be resolved in a few months, thus it provides long-term counseling and support to its members.  Classes are held for one hour every third Wednesday of each month starting at 6:00 pm.  The topics covered in the workshops include:

• Credit
• Budgeting
• Savings and Building Assets
• Selecting the Right Home
• Understanding the Mortgage Application Process
• Understanding Loan Products and Financing Options
• The Home-Purchase Process
• Determining Your Insurance Needs

As an incentive to joining the Homebuyers Club, members are given the option to open an Individual Development Account (IDA) to encourage savings and asset building. 

Post-Purchase Counseling & Education: In our post-purchase classes, existing homeowners brush up on financial concepts and learn new tips on topics such as insurance, refinancing, predatory lending practices and avoiding foreclosures.  Our housing counselors provide guidance with budget and credit management, debt management, delinquency prevention, and saving.

Foreclosure Prevention: Our staff is available to provide counseling solutions for homeowners facing an immediate crisis. Click here for additional Foreclosure Resources.

Lending: NeighborWorks® Resource Group has the unique ability to meet the financial needs of a wide array of potential home buyers.  We are able to originate all of the most popular residential mortgage loan products, individually tailored for each homebuyer.  Options include down payment and closing cost assistance. 

Anyone within the Commonwealth of Virginia can participate in our programs and services; however, some of our loan products may be restricted to certain income limits. 

All of our programs and services to include our Pre-Purchase Education and Counseling Programs and our Post-Purchase Education and Counseling Programs are available at no cost to the participant.  Our programs are absolutely FREE.  However; if you participate in our loan program, fees vary by mortgage products.  Your loan specialist will provide you with further information.  

Contact Erika Payne at (804) 329-2500 ext. 125 or email Erika at erika@nwresourcegroup.org. to schedule an appointment to learn more about our programs, products and services.

During your one-on-one housing counseling session, you will meet with one of our housing counselors to help determine what your needs and goals are.  Are you looking to buy your first home?  Are you an existing homeowner considering renovating your home?  Whatever your goals are, your housing counselor will work with you to develop an action plan to follow.  To help the housing counselor determine your next steps, you will be instructed to provide the following documents at your initial one-on-one housing counseling session:

• Your driver’s license (or other form of photo ID) and that of any co-applicant
• Three most recent paycheck stubs
• Proof of Social Security, SSI, pension, or other benefits letters (if applicable)
• Bank statements for the last three months
• Signed and dated federal returns and W2s for the last three years
• Divorce decree (if applicable)
• Bankruptcy documentation (if applicable).  The bankruptcy must have been discharged for at least 2 years. 
• Alimony and/or child support documentation (if applicable)
• $30 check, cash or money order (per borrower) is required to obtain initial credit report from the three major credit reporting bureaus:  TransUnion, Experian, and Equifax.  Prequalification cannot be made without a credit report. 

Typically, our Homebuyer Education classes are held the 2nd Saturday of each month, beginning at 9:00 am and ending at 5:00 pm.  The dates are subject to change, so please call to confirm the dates and register for the class. 

Buying a home is a very difficult process that involves a lot of different people—the realtor, the mortgage company, the title company, the appraiser, the home inspector, etc.  It is an exasperating and lengthy process for those who have done it before, but it can be downright frightening for those who are buying a home for the first time.  Furthermore, many families or individuals interested in purchasing a home know relatively little about the complexities of home financing and the responsibilities that accompany homeownership.  Our Homebuyer Education class provides the necessary information and resources to prepare you for successful homeownership. 

Typically, our Homebuyers Club meetings are held for one hour every third Wednesday of each month starting at 6:00 pm.  The dates are subject to change, so please call to confirm the dates and register for the program. 

Our five week, 5-hour financial literacy workshops are held in four sessions, once in the Fall, Winter, Spring and Summer.  To find out when the next session will start, please contact Erika Payne at (804) 329-2500 ext. 125. 

Our staff is also available to answer your questions after you have taken the classes and even after you have purchased your home.  Call us; we have other workshops that may help answer some of your questions. 

NeighborWorks® Resource Group values the preservation of home ownership and has counselors available to help you with options.  We are also very concerned that struggling homeowners may become victims of predatory lenders and lose their home.  Call and ask to speak with one of our housing counselors.  (804) 329-2500. 

We offer many loan products that incorporate down payment and closing cost assistance.  Your housing counselor and loan specialist will assist you with determining your qualification and options. 

• Home Purchase Loans
• Home Purchase with Rehabilitation Loans
• Refinance Loans
• Home Improvement Loans
• Reverse Mortgages
• Home Equity Lines

Interest rates may vary based on the market and other conditions.  Your loan specialist will work with you on securing the best interest rate for your circumstances.  

No.  NeighborWorks® Resource Group has many different loan programs, some have income restrictions and many do not. 

No.  Our loan products are available for current residents and those relocating to the Commonwealth of Virginia. 

No.  Unfortunately, we will not be able to assist you with rental services; our services relate to homeownership. 

Yes.  NeighborWorks® Resource Group offers a flexible loan program that allows qualified borrowers a simple affordable option for financing modest improvements and upgrades to your home.  Your housing counselor and/or loan specialist will work with you to determine your options. 

Yes.  NeighborWorks® Resource Group offers a flexible loan program that allows qualified borrowers a simple affordable option for financing modest improvements and upgrades to your home.  Your housing counselor and/or loan specialist will work with you to determine your options. 

NeighborWorks® Resource Group maintains a COURTESY LIST of real estate agents/ Realtors who requested to be on the list.  However, our staff is not permitted to recommend one agent over another.