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How to Use Gateway to Home Ownership

  • First, find a participating Gateway to Home Ownership Home counseling organization near you.


  • After your initial consultation with a Gateway to Home Ownership Home counseling organization, you will receive face-to-face education and counseling to fit your financial needs.


  • Next, you and your credit counselor will develop a specific action plan you need to complete in order to be ready to purchase a Home.


  • Upon completion of the education, counseling and customized action plan, the Gateway to Home Ownership credit counseling agency will give you a Certificate of Completion and refer you to a lender.


  • The lender in the Gateway to Home Ownership network will complete your WHEDA Home Loan application and preapproval.


  • Finally, you will close on your Home Loan realizing that through Gateway to Home Ownership you've obtained an affordable mortgage with a fixed, below-market interest rate that will save you money and will give you a lower monthly house payment than other mortgage programs.