Our professional, bilingual and MSHDA-certified counselors offer pre-purchase and post-purchase education and counseling through one-on-one sessions, group workshops, and community events.
The pre-purchase program covers many important topics, including: financial literacy, budget analysis, home affordability, credit report review, mortgage qualifying, understanding the role of lenders and realtors, and creating a step-by-step action plan. Our certified counselors help homebuyers qualify for loans, avoid predatory lending, prepare documentation, organize their financial planning, and make good decisions for the future. We also discuss different options for down payment assistance from various government sources.
Clients of the Southwest Economic Solutions can now participate in an online pre-purchase program from ehome America. The cost of the course is $99. (See a 30-second ad about this eHome program.) To learn more, call Teresa Torres at 313.841.9641 or email her.
Through a partnership with Freddie Mac, a free CreditSmart® online training course is now available. Whether you are considering homeownership for the first time or currently own a home and need information on how to avoid foreclosure, this flexible, interactive course will teach you how to achieve your financial and homeownership goals.
Our post-purchase curriculum has four parts and covers many important topics, including: financial management, refinancing, avoiding foreclosure, property taxes and insurance, and home maintenance and repairs. Our certified counselors advise homeowners about how to keep their homes, when facing a crisis, through counseling, debt restructuring, and loss mitigation options. Experts strongly recommend post-purchase counseling, especially for new homeowners, because of its proven success in helping families manage and protect their homes.
Our Financial Management Workshop can help you build financial security and wealth. Learn to improve your money management and banking skills, credit worthiness, and achieve long-term financial goals such as: buying and keeping your home, investing, and saving for retirement.
Southwest Economic Solutions is located at the Welcome Center at 2835 Bagley, Suite 800, Detroit, MI 48216. To learn more or schedule an appointment, call us at 313.841.9641 or email us.