Homeownership Counseling

Program description:

BPNC is committed to guiding, educating, and empowering future homeowners. Our program consists of 8 hours of education and counseling to meet the program/HUD’s requirements. The program is designed to offer individual counseling and group education where you will learn about the home buying process, credit, money management, the different mortgage products, and down payment assistance programs. After completion of education and counseling, a certificate will be provided. Call us today to register for our next in-person homebuyer’s class.

How do I apply?

Call: 773-523-7110 and ask to speak to a member of financial services

email: financialservices@bpncchicago.org

Frequently asked questions

What documents do I need to apply?

1. Valid photo identification: State of Illinois Driver’s License, State ID, Matricula or US Passport.

2. Recent 30 days of income:

  1. Paystubs
  2. Unemployment Benefit Letter or payment detail
  3. SSI/SSDI/SSA Benefit Award Letter(2023)
  4. Pension Letter
  5. Workers Compensation/Temporary Disability: Award Letter
  6. Rental Income: Rental leases & proof ofrentalreceipts
  7. Divorce Decree or court orderfor child support or alimony
  8. Self-Employment: 2 recent quarters of Profit & Loss Statement
  9. Public Aid/ Welfare Benefit Letter

3. Bank statements for the last 2 months (all accounts &
all pages)

4. 2020 & 2021 or 2022 Income tax returns & W2’s (signed&dated)

5. Documents that reflect expenses on budget:

  1. Electricity
  2. Natural Gas
  3. Water
  4. Cell Phone/Home Bill Credit Cards
  5. Insurance
  6. Cable/Internet
  7. Medical Bills
  8. Any other monthly bills

6. Copy of your most recent credit report. We can order it for you. There will be a surcharge of $21.00 for one person $36.00 for two people if we order it for you.

Let’s keep in touch.
Sign up for our newsletter to stay up-to-date on our community development campaigns, and high quality and responsive direct services for families in need.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.