The other main component of the FFP is financial assistance. Down-payment assistance, closing cost assistance, and subsidized mortgage are provided on a case-by-case basis to first-time homebuyers that are low- and moderate-income, are deemed credit-worthy, and who would otherwise be unable to obtain a mortgage. Clients are required to complete the Homebuyer Education course in […]
The Flathead Finance Program (FFP) provides one-on-one counseling with clients that would assist in making them mortgage-ready if the need for this service is there. The purpose of credit counseling is to increase homeownership rates by improving credit, increasing financial literacy, and decreasing the threat of foreclosure for FFP eligible families. Credit counseling consists of […]
The Flathead Finance Program also provides post-purchase education that will assist new homeowners in meeting their new responsibilities and give them tools to successfully keep their homes. A four-hour Post-Purchase course focuses on foreclosure prevention and home maintenance.