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NWOC Newsletter – April 2023

Newsletter April 2023
Hello!

And welcome to the inaugural edition of our bi-monthly newsletter! This has been an exciting month for us here at NeighborWorks Orange County (NWOC), and we look forward to sharing it with all of you.

In this edition, we offer insight into HECM Loans, announce a "save the date" and a new initiative, and highlight a service we provide.

As always, thank you for your support, we look forward to continuously serving our local communities.
Black Homeownership Initiative

We are pleased to announce that we are kicking off a Black Homeownership Initiative!

Join us on April 27th, 2023 at 6:00 pm PST for our webinar to launch this program and dive into the details.

This wouldn't be possible without our partners at Farmers and Merchants Bank, Pacific Western Bank and Luther Burbank Savings, thank you for you continued support!!!
HECM Loan Blog

There are a few different types of reverse mortgages, but the most common option is the Home Equity Conversion Mortgage (HECM).

This kind of government-insured loan allows senior homeowners to convert their home equity into cash, which they can use for their own purposes.

However, not everyone qualifies for HECM loans - and it might not be the right kind of loan for your particular situation. Our newest blog takes a dive into the world of HECM loans, and provides insight into whether it may be right for you.
Save The Date - 45 Years and Going Strong!

Our anniversary is right around the corner!

On June 15th, we will be celebrating
45 years of building wealth through homeownership.

Be sure to mark it on your calendar and register via the link here

For more information and/or sponsorship opportunities please contact:
Anna Lisa Lukes @ The Lukes Network, LLC
(949) 887-1065, all@thelukesnetwork.com
Luke's Network Partnership

Speaking of our upcoming celebration, we are excited to share that we have partnered with Anna Lisa & Jay Lukes at The Lukes Network to assist us in executing our 45th Anniversary event.

Check them out here.
NWOC offers HUD Approved
Homebuyer Education Courses
Virtual 8-Hour HUD Approved Homebuyer Education:

This virtual course is an 8-hour course via Zoom, one registration per person with $25 registration fee.

Register Here
eHome America:

This online portal MUST be approved by the lender, a follow up session is required and traditionally scheduled within 24-hours.

One registration per person with a $99 registration fee of which $50 is refunded when the Closing Disclosure is made available to NeighborWorks Orange County.

Register Here
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