How the URHS Home Ownership Success Program™ Works

The Homebuyer begins by submitting an interest form and providing basic household, income, and housing information. There is no cost to begin, and no credit report or credit evaluation is required. URHS reviews the information and explains the next step in the process.

The Homebuyer provides documentation showing household income and the ability to meet the payment requirements for an available home. URHS confirms whether the applicable income requirements are met. Credit history and credit scores are not reviewed or used in this step.

The Homebuyer completes a program orientation covering how the URHS process works, the roles of everyone involved, expected expenses, property responsibilities, payment obligations, and what will happen before and after closing. Questions are addressed before the Homebuyer begins reviewing available homes.

The Homebuyer reviews available properties that fit the household’s needs and applicable income requirements. Property information, expected payments, known responsibilities, and available terms are presented so the Homebuyer can decide whether a particular home is the right fit. Availability of any specific property is not guaranteed.

The Homebuyer reviews the final property terms, payment amount, responsibilities, and transaction documents before accepting the agreement. The appropriate professionals complete the title work, legal documents, insurance requirements, and closing. Record title is transferred to the Homebuyer while the Investor’s protection is established through the recorded security instrument.

After closing, the Homeowner receives the keys and begins making payments, maintaining the property, carrying required insurance, and meeting the responsibilities established in the agreement. URHS continues tracking program milestones, conducting annual reviews, and connecting the Homeowner with education, qualified professionals, and available community resources when needed.