Vision Credit Education, Inc.

Vision Credit Education is preparing to apply for HUD approval as a housing counseling agency. There is currently a shortage of approved housing counseling agencies in central North Carolina.

The approval process will likely take several months. The Board of Directors is hopeful that the urgency in the current housing situation will shorten the approval period.

Indeed, there are a number of people looking for homeownership help. On one side, we are trying to help people qualify for mortgages using more stringent loan criteria. Additionally, we are working to help people that have already bought their homes to avoid foreclosure and other financial problems.

HUD approval will help position Vision Credit to better assist clients with homeownership issues. It will allow us to receive direct referrals from HUD, from the North Carolina Housing Finance Agency, from RSVP and from our community partners. This approval will also open the doors for additional grant funding that we are diligently working to secure.

This will be a major benefit for current and prospective homeowners alike. The diversity of the housing counseling programs will provide benefits to a number of clients who have a multitude of needs.

We want our clients to know that we are continuously working to update and expand our current program offerings so that we may maximize our impact on our community. It is easy to only offer a couple of services, but we understand that we must expand our program offerings so that everyone receives the help that they need.

For now, the counselors at Vision Credit will be happy to answer questions and can provide housing counseling sessions at no charge. Thanks to a partnership between Fiscal Progress and Freddie Mac, we can currently help clients prepare for their first home purchase by pulling credit reports, providing credit scores and identifying credit improvement opportunities. For more information, contact Vision Credit at (800) 379-4720.