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Hands on Banking for Home Owners

Current and future home owners may now benefit from a new public service tool offered by Wells Fargo designed to provide personal money management guidance.

Wells Fargo has developed a free user-friendly program called Hands on Banking. This program includes informational materials, worksheets, calculators, self-assessments and interactive lessons to better manage your money. Modules beneficial to current homeowners include borrowing against your equity and protecting your home investment.

For individuals planning to someday buy a home, Hands on Banking offers a myriad of modules to help throughout the home buying process. These modules include topics such as:

Are You Ready to Buy?
Before You Shop.
The Home Buying Process
Getting a Mortgage

The Hands on Banking Program provides the money skills and reference materials to help home owners manage their money to their best advantage.  The program is free and is available on CD-ROM and at www.handsonbanking.org.

 

Home Rehabilitation Loans Available

Neighborhood Housing Services of Lackawanna County (NHS) is pleased to introduce its new Home Rehabilitation Loan. This income-eligible product provides funds in the form of a low-interest loan designed to address emergency repair needs and/or long-term safety, energy efficiency or livability improvements for area homes. NHS is especially committed to working with homeowners who may have difficulty obtaining financing through traditional methods.

Loans are available for:

  • Roof Repair
  • Water heater replacement
  • Furnace Replacement
  • Windows
  • Insulation

The Home Rehabilitation Loan was designed by Neighborhood Housing Services of Lackawanna County (NHS) to address the home rehabilitation needs of (primarily) low to moderate (up to 100% of HUD Area Median Income or AMI) income families in our region. However, due to the current economic climate, borrowers with a gross income of between 100% and 150% of HUD AMI will also be eligible for this product at the discretion of NHS. Specific borrower guidelines are:

Household Size

100% AMI

150% AMI

1

$39,600

$59,400

2

$45,300

$67,950

3

$50,900

$76,350

4

$56,600

$84,900

5

$61,100

$91,650

6

$65,700

$98,550

For more information on NHS’s Home Rehabilitation Loan and more specific eligibility criteria, you can download the informational PDF or call David J. Gaiardo at 570-558-2490.

Local

Information on the local housing market can be found through realtor associations, county agencies, nonprofit housing organizations, and housing authorities. 

Greater Wilkes-Barre Association of Realtors
22 Pierce St
Kingston, PA 18704
570-283-2111

Greater Hazleton Association of Realtors
903 W 5th St
Hazleton PA 18201
570-454-2211    (f) 570-454-9767

Luzerne County Office of Community Development
Andrew D. Reilly, Director
54 West Union Street
Wilkes-Barre, PA 18702
P:  (570) 824-7214
Email: andy.reilly@luzernecounty.org

Luzerne County Housing Authority
250 First Avenue
Kingston, PA 18704
570-287-9661

Hazleton Housing Authority
320 W. Mine St.
Hazleton PA 18201
570-455-9503

Nanticoke Housing Authority
1 E. Green St.
Nanticoke PA 18634
570-735-1110

Pittston Housing Authority
500 Kennedy Blvd.
Pittston PA 18640
570-655-3707

State

Homeownership counseling is available in the Commonwealth of Pennsylvania. The Pennsylvania Housing Finance Agency (PHFA) provides counseling and services to qualified individuals.   To find out more about PHFA their programs and events in your area click on the link below.

 

 
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