ALL AHEAD -- The Alliance For Affordable Homeownership, Education & Development




ALL AHEAD is a comprehensive housing counseling program that provides services to non-profit and for profit counseling organizations and provides direct loan counseling to individuals and families. Our management and counseling staff possess substantial experience in providing all types and versions of loan counseling that result in meeting general and specific loan product requirements. We possess varied homeownership and special needs housing project development and finance experience and can support the integration of organizational mission and needs with specific project and program development. ALL AHEAD is a capacity building collaborative effort. For organizations with an existing counseling capacity, we work directly with your staff and for your organization in providing service and training. This training is on site and person to person. We bring expertise in counseling, managing counseling, data systems and integration and links to the ever changing world of specialized lender loan programs. In organizations that do not provide such services we support your creation of in-house counseling without the expensive start up costs of creating a system. We bring the system to you. In organizations which already provide counseling, your capacity will increase. You will be able to see more prospective homeowners and increase your outputs and improve your systems. Our counselors work for your organization and the clients served are your clients. The counseled clients, their status and outcomes are reportable to your funders. This effort will allow your organization to reach and teach their current and expanded clientele in a more effective way and reach targeted neighborhoods on a grassroots level that you are not currently able to support. We support government initiatives in targeted communities. We increase the efficiency of housing counseling from intake to post-closing for new and existing homeowners. We support government and private initiatives in targeted communities in support of these efforts. ALL AHEAD works with government and private agencies that provide capital grants which can be used to make Community Seconds types of loans (non-payment and/or deferred) to individuals and families in support of homeownership to lower income individuals and families. We also assist in the creation of specialized amortizing second mortgages which can be used to fill "Gaps" and make homeownership affordable to low income, special needs and other populations. ALL AHEAD's ultimate objective is to provide prepared, responsible homeowners while building strong community partnerships. By way of example, and not of limitation, the purpose of the corporation is to further and carry out charitable objectives and purposes within the Northeast and Mid-Atlantic states, to provide a comprehensive housing counseling program to advance homeownership opportunities, to provide a comprehensive counseling program for senior citizens to explore alternatives which enhance homeownership, to provide support and training services to non-profit community organizations and for profit companies providing equal access to all. 1. The Counseling Services we provide include the following: Pre-qualifying Borrowers • Learn how lenders qualify borrowers. • Calculate maximum monthly mortgage affordability • Understand how debt affects affordability • Calculate maximum mortgage amounts • Learn how to read and analyze credit report Setting up a Counseling Plan • How to use Home Counselor Online © • How to use a prequalification to determine clients needs • Teach your clients how to set up a budget • Using the Power Pay © Debt Management Calculator Credit Repair & Establishment • In-depth analysis of credit report • Learn how to repair credit • Teach clients how to establish credit • Understand IRS for 1040 Section 8 Homeownership Voucher Program • Learn how the section 8 voucher can be used toward mortgage payments • The role of the client, the counselor, the housing authority and the lender • Determine maximum mortgage affordability using the housing allowance payment One on One Counselor Training • Tutoring from an experienced certified housing counselor • Review your own case file to determine mortgage readiness and set-up counseling plans • Mock counseling sessions • Counsel with our counselor • Areas of expertise include: Reverse, Pre-purchase, Section 8 Homeownership, Post-purchase and Foreclosure Prevention Pre-purchase Counseling • Learn if you are mortgage ready • Repair problems that may prevent you from getting a mortgage • Apply for down payment and closing cost assistance • Learn which mortgage is right for you Reverse mortgage Counseling through our HUD certified Partners • Determine if a reverse mortgage is right for you • Explore alternatives to a reverse mortgage • Understand the costs of a reverse mortgage • HECM vs. HomeKeeper © • Compare payment options • Learn the facts Post-purchase counseling • Landlord counseling for multi-family purchases • Budgeting as a homeowner • Home repairs and maintenance • Keeping your home 2. The Program and Project Development experience we provide include the following: Specialized Loan Program Development and Implementation • Design specialized counseling program curriculum to meet general or special loan program underwriting requirements • Design loan program or product underwriting and processing requirements to assist lending institutions to safely and soundly meet Community Reinvestment requirements • Seamlessly integrate the merging of counseled clients to the targeted and best loan product(s) available to them • Design and implement innovative loan capital pools to meet the needs of special populations Project Development meets Loan Counseling • Design and implement the timed delivery of counseled loan clients with new homeownership project unit delivery, and maintain the eligibility of the pool of qualified applicants during any project delays • Assist project developers in using and accessing all sources of project subsidies to meet governmental and regulatory requirements that deliver qualified very low and low income applicants to affordable homeownership