Putting
homeownership
within reach.
The RiseUp Fund is a nonprofit organization, created by Houwzer, which provides a path to homeownership for underserved communities.
Key Benefits
What does your company offer that will improve or solve a problem? Explain the pain point being alleviated.
Terms and conditions ◦ Privacy policy
© 2018 Insert Name Here. All rights reserved
Add Images to highlight your key benefits
Communicate your three key benefits that describes the value of your offer.
THE PARTNERS THAT WORK ALONGSIDE US
Our mission is to accelerate generational wealth of the underserved through homeownership.
CATEGORY
CLASSIFICATION
Key Benefits
What does your company offer that will improve or solve a problem? Explain the pain point being alleviated.
CATEGORY
Key Benefits
What does your company offer that will improve or solve a problem? Explain the pain point being alleviated.
Want to partner with us?
Who do we help?
The people who actually need it.
Specifically, the ALICE segment as defined by the United Way.
Asset Limited
Income Constrained
Employed
ALICE has no safety net in times of crisis
ALICE's income falls short of essentials
ALICE's is working, yet not earning enough
For every home we help our clients buy or sell, Houwzer will donate $100 to the RiseUp Fund.
$100 / 100%
100% of those funds will go directly to the families selected into our program.
We'll use Houwzer's resources to:
- Acquire and develop homes in appreciating communities
- Deliver turnkey homes with built-in equity to ALICE families
- Secure permanent financing for the new owners of the home affordable homes.
Why?
We see homeownership as the missing link in the chain for both wealth and opportunity creation.
Homeownership has always been the clearest path to wealth in America, but there's never been equal rights or access. By leveling the playing field, we can support upward mobility for many families who have been left behind.
Putting
homeownership
within reach.
The RiseUp Fund is a nonprofit organization, created by Houwzer, which provides a path to homeownership for underserved communities.
Our mission is to
accelerate
generational
wealth of the underserved through
homeownership.
For every home we help our clients buy or sell, Houwzer will donate $100 to the RiseUp Fund.
$100
100% of those funds will go directly to the families selected into our program.
100%
Who do we help?
The people who actually need it.
Specifically, the ALICE segment as defined by the United Way.
Asset Limited
Income Constrained
Employed
ALICE has no safety net in times of crisis
ALICE's income falls short of essentials
ALICE's is working, yet not earning enough
We're taking applicants!
If you make an annual income between the amounts below, you may qualify for our program.
Please apply if you'd like to be considered as a candidate for our program, which consists of closing cost and down payment assistance in addition to a newly rehabbed home at an affordable price via an affordable mortgage through Houwzer Mortgage. Applicants must show proof of completion of a credentialed financial literacy course.
We're taking applicants!
If you make an annual income between the amounts below, you may qualify for our program.
Please apply if you'd like to be considered as a candidate for our program, which consists of closing cost and down payment assistance in addition to a newly rehabbed home at an affordable price via an affordable mortgage through Houwzer Mortgage. Applicants must show proof of completion of a credentialed financial literacy course.
Income Limit
$19,850 – $52,950
$22,700 – $60,500
$25,550 – $68,050
$28,350 – $75,600
$31,040 – $81,650
$35,580 – $87,700
$40,120 – $93,750
$44,660 – $99,800
# of People in Family
1
2
3
4
5
6
7
8
Income Limit
$19,850 – $52,950
$22,700 – $60,500
$25,550 – $68,050
$28,350 – $75,600
$31,040 – $81,650
$35,580 – $87,700
$40,120 – $93,750
$44,660 – $99,800
# of People in Family
1
2
3
4
5
6
7
8
Your Path to Homeownership
*Pre-Approval
If accepted into the RiseUp Program, you'll be contacted by Houwzer Customer Care to meet with a Mortgage Advisor, so you know how much home you can afford.
Meet with an Agent
Once you have been pre-approved, you’ll meet with a real estate agent to look at homes in your price range.
Select a Home
The home you select will either need modest rehabbing or none. RiseUp will front the cost.
Apply for a loan
Once you’ve chosen a property, we can begin the Mortgage Application Process. Check the Mortgage Application flyer for the documents you’ll need throughout the process.
Disclosures
Loan Estimate & Federal/State disclosures are delivered to the borrower. Then the borrower must provide their “intent to proceed” to order services.
Appraisal
Houwzer Mortgage will order your appraisal on your behalf and submit it to the underwriter for approval.
Underwriting
An underwriter will evaluate your loan application and decide if additional information is required.
Final Loan Approval
Once your application has been approved, your loan is moved to “Clear to Close” status.
Money for Closing
Houwzer Mortgage will contact you with information regarding final closing costs, if any, once the RiseUp award is calculated.
Closing Documents
The Closing Documents are conveyed to the title company.
Closing Disclosure
Lender provides the Closing Disclosure to the borrower and/or realtor.
Final Closing Step
Meet to sign closing documents at the title company. Bring a Cashier’s Check and Photo ID with you.
*Pre-approval is based on a preliminary review of credit information provided to Houwzer Mortgage, which has not been assessed by underwriting. Final loan approval is subject to a full underwriting review of support documentation including, but not limited to: applicant’s credit score and history, assets, proof of steady income, and a satisfactory appraisal.
Nations Home Loans, LLC d/b/a Houwzer Mortgage. Houwzer Mortgage is a mortgage broker and lender. NMLS #1172936. All mortgage rates above apply to homes located in either DC, MD, NJ, PA, VA or FL. Licensed by the Pennsylvania Department of Banking and Securities, the New Jersey Department of Banking and Insurance, the Maryland Commissioner of Financial Regulation, the District of Columbia Department of Insurance, Securities, and Banking, the Virginia Bureau of Financial Institutions, and the Florida Office of Financial Regulation. Not available in all states
Your Path to Homeownership
*Pre-Approval
If accepted into the RiseUp Program, you'll be contacted by Houwzer Customer Care to meet with a Mortgage Advisor, so you know how much home you can afford.
Meet with an Agent
Once you have been pre-approved, you’ll meet with a real estate agent to look at homes in your price range.
Select a Home
The home you select will either need modest rehabbing or none. RiseUp will front the cost.
Apply for a loan
Once you’ve chosen a property, we can begin the Mortgage Application Process. Check the Mortgage Application flyer for the documents you’ll need throughout the process.
Disclosures
Loan Estimate & Federal/State disclosures are delivered to the borrower. Then the borrower must provide their “intent to proceed” to order services.
Appraisal
Houwzer Mortgage will order your appraisal on your behalf and submit it to the underwriter for approval.
Underwriting
An underwriter will evaluate your loan application and decide if additional information is required.
Final Loan Approval
Once your application has been approved, your loan is moved to “Clear to Close” status.
Money for Closing
Houwzer Mortgage will contact you with information regarding final closing costs, if any, once the RiseUp award is calculated.
Closing Documents
The Closing Documents are conveyed to the title company.
Closing Disclosure
Lender provides the Closing Disclosure to the borrower and/or realtor.
Final Closing Step
Meet to sign closing documents at the title company. Bring a Cashier’s Check and Photo ID with you.
*Pre-approval is based on a preliminary review of credit information provided to Houwzer Mortgage, which has not been assessed by underwriting. Final loan approval is subject to a full underwriting review of support documentation including, but not limited to: applicant’s credit score and history, assets, proof of steady income, and a satisfactory appraisal.
Nations Home Loans, LLC d/b/a Houwzer Mortgage. Houwzer Mortgage is a mortgage broker and lender. NMLS #1172936. All mortgage rates above apply to homes located in either DC, MD, NJ, PA, VA or FL. Licensed by the Pennsylvania Department of Banking and Securities, the New Jersey Department of Banking and Insurance, the Maryland Commissioner of Financial Regulation, the District of Columbia Department of Insurance, Securities, and Banking, the Virginia Bureau of Financial Institutions, and the Florida Office of Financial Regulation. Not available in all states