CDCs provided 4,591 One (Soft-Second) Mortgage Recipients with Pre-Purchase Education between 2004 - 2015

CDCs provided 4,591 One (Soft-Second) Mortgage Recipients with Pre-Purchase Education between 2004 - 2015

January 2016
John Fitterer

Over the past 11 years, CDCs across the Commonwealth have provided critical training and educational services to future homebuyers.  Pre-purchase education for prospective homebuyers is a vital resource that helps people not only prepare to purchase a home, but also helps qualify them for the One Mortgage, formally Soft Second Loan, program.

Check out the table below to see the number of individuals who not only graduated from a pre-purchase homebuyer course offered by a CDC, but also used the One Mortgage or Soft Second program to buy their home. (Source: MHP)

One MORTage (soft second) HOMEBuyers who received

PRE-PURCHASE education from CDCs

Oak Hill CDC 540
Neighborworks of Southern Mass  504
HAP Housing 485
Allston-Brighton CDC 432
Lawrence CommunityWorks 413
Urban Edge 324
NOAH 292
Valley CDC 267
Housing Assistance Corporation 260
Community Teamwork, Inc. 229
Worcester Comm Housing Resources  162
Arlington Community Trabajando 131
SMOC 116
Nuestra Communidad    66
WATCH 58
Springfield NHS 50
Asian CDC 49
Worcester East Side Comm Dev 49
NewVue Communities 47
Somerville Community Corp 44
Viet-AID 41
Hilltown CDC 32
TOTAL 4,591