Frequently Asked Questions
What is the purpose of the USAHomeClub?
USAHomeClub is an innovative program developed by Debthelper.com, designed to help you get ready to buy and own a home. The primary purpose of this unique program is to educate and counsel you on buying your home, obtaining your best mortgage possible and providing you peace of mind throughout the process. USAHomeClub works with you to understand the process of buying and sustaining your homeownership.
Why should I join the USAHomeClub?
If you are looking to buy a home and want to learn more about the process, then this program is for you. This program is ideal for renters, newlyweds and those who have already been through a financial hardship.
How does the USAHomeClub work?
We offer both a free classroom style six hour workshop 2-3 Saturdays per month as well as free individual counseling. The six hour homebuyer workshop is a great first step and provides valuable general information that will help prepare you for a home purchase.
After the six hour workshop you can choose to sign up for free one-on-one counselling with a HUD certified housing counselor. At that point you are assigned a certified counselor with whom you will develop an individual credit action plan to correct any errors on your credit report. Your counselor will provide you recommendations on the best ways to increase and maintain a high credit score. This plan reviews all other aspects of buying a home, including where your money is coming from for the purchase price, closing costs and home reserves. The action plan includes regular meetings with your assigned counselor to review your progress. These meetings may be face to face, by telephone or via Skype. In addition, the action plan may include educational webinars and/or group classes by experts in their field.
Will USAHomeClub help me find down payment assistance and grants?
Yes. When down payment assistance programs (DPA’s) are available; this typically depends on your area and income. Most programs require pre-purchase housing counseling.
Will USAHomeClub help me to increase my credit score?
The program is designed to help get your score to a mortgage ready state and you are responsible for the actions you take on your own credit.
Can you recommend a good loan officer or real estate broker?
Yes, USAHomeClub can provide a list upon your request.
Do I have to use one of USAHomeClub loan officers?
No. USAHomeClub does not provide or require you to use any specific loan officer to obtain a mortgage. USAHomeClub works with many loan officers and can provide a list upon request.
Do I have to use one of your realtors?
No. USAHomeClub does not provide or require you to use any specific real estate agent. USAHomeClub works with many real estate agents in your area and can provide a list upon request.
I was extremely pleased with Debthelper. I worked with them for several months to help with my mortgage. I found their team very knowledgeable, polite and thorough. Thank you so much for your help, time and patience.- Marion L.