Homeowner Resources and Foreclosure Prevention during COVID-19

Avenue is a HUD-Certified Housing Counseling Agency. We provide education and counseling for homebuyers looking to purchase their first home, homeowners seeking to maintain sustainable homeownership and for homeowners that are in default on their mortgage and want to prevent foreclosure of their property. We created the video below to...

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First Time Homebuyers’ Certificate

For people starting the home buying process, one of the first things they start hearing about is obtaining the First Time Homebuyer’s Certificate. As a first time homebuyer, there are a lot of new housing terms that may not sound familiar. The First Time Homebuyer Certificate requirement trips people up...

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Roadblocks to Homeownership

Buying your very own home is a dream for many Americans. But buying a house can feel unattainable due to current financial circumstances. Here are common roadblocks to home ownership and what you can do to overcome them. The four main factors to Home Ownership readiness: Debts- Current monthly debts...

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PMI affects your monthly mortgage cost. Learn how to get rid of it.

Cancelling Private Mortgage Insurance (PMI)

What is Private Mortgage Insurance (PMI)? If you’ve been shopping for a conventional mortgage loan, you’ve probably come across PMI. You’re likely wondering how it applies to you. It’s easy to assume that this insurance covers you and your mortgage if you fall behind on payments. After all, it’s called...

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City of Houston Updates Down Payment Assistance Guidelines

The City of Houston Homebuyer Assistance Program (HAP) has recently released some new changes to its Down Payment Assistance program. For our clients that have participated in Avenue's First-Time Homebuyer Program, we wanted to communicate this information to you early in your home buying process: The HAP program will not...

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Simplify the Homebuying Process

Navigating the Home Buying Process

The home buying process can be daunting for first time and veteran buyers alike. With so many individuals involved in the process it can be difficult keeping it all straight. That is why it is crucial you understand the process from beginning to end. Let's breakdown the important professionals involved...

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Choosing a mortgage loan wisely can save you thousands when buying a home

Should You Shop for Your Mortgage Loan?

One of the most important things to remember when buying your first home is your budget. We have written a lot about budgeting and sustainable homeownership. We want to emphasize the importance of not overextending yourself. Buying too much house with too little budget can lead to many problems. Shopping...

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