DISCLOSURES:
Interfaith Community Housing Delaware (ICHDE), also a NeighborWorks® HomeOwnership Center, is a nonprofit, HUD-approved comprehensive housing counseling agency. The housing counseling and group education services offered include:
- HUD-approved comprehensive pre-purchase homebuyer education classes to prepare prospective homebuyers to make informed decisions. Topics discussed include homebuyer readiness, money management, understanding credit, mortgage loans, shopping for a home, and home maintenance.
- HUD-approved homebuyer pre-purchase one-on-one counseling to cover the entire homebuying process. Counselors assist with developing custom action plans for potential homebuyers and creating sustainable budgets, as well as provide information regarding home inspections, issues that arise during homeownership, and other topics relevant to being a successful homeowner.
- HUD-approved one-on-one financial management/ budget counseling to help clients to manage their finances in order to maintain or improve their housing situation.
- HUD-approved one-on-one mortgage delinquency and default resolution counseling to assist homeowners in danger of or facing foreclosure.
ICHDE is providing Home Ownership Counseling for your benefit, and in this capacity its primary responsibility is to you. ICHDE also develops or rehabs single-family homes for sale and owns units available for rent. In such cases, its primary responsibility is to itself. This creates a dual agency relationship between you and ICHDE, should you be interested in purchasing an ICHDE home or renting an ICHDE unit. By signing this form, you consent to ICHDE’s operating in a dual-agency capacity (if applicable) and acknowledge that as a seller or property owner, ICHDE may be acting in its own best interests. If you wish, you may retain the services of a real estate agent or a counselor who will represent only your interest in the transaction.
ICHDE makes our clients aware of products and/or services that we believe offer good value to our clients. We serve all clients regardless of income, race, color, religion/creed, sex, national origin, age, family status, disability, or sexual orientation/gender identity. We administer our programs in conformity with local, state, and federal anti-discrimination laws, including the federal Fair Housing Act (42 USC 3600, et seq.) These products and/or services might be available directly from ICHDE, lenders, developers, or other agencies with which ICHDE has a working relationship, including, but not limited to, the following program funding partners:
- Alliance Data a/k/a World Financial (Comenity)
- NeighborWorks America
- Delaware State Housing Authority
- New Castle County of Delaware
- HSBC
- PNC Bank
- JPMorgan Chas
- TD Charitable Foundation
- M&T Bank
- United Way of Delaware
- Mon Valley Initiative
- U.S. Department of Housing and Urban Development
You are under no obligation to use the products and/or services identified by ICHDE whether from us or from industry partners. ICHDE provides real estate development, and you are under no obligation to purchase any of ICHDE properties. Please understand that you are free to choose any lender, lending/financing product, rental unit or home, from any entity regardless of the recommendations made by the ICHDE representative and still participate in our counseling program.
It is your right and responsibility to decide whether to engage in any course of counseling with ICHDE and to determine whether the counseling is suitable for you. The individualized action plan and direction of our counseling sessions will be based on the case management plan that we will develop together. The means to accomplish the outcomes and goals of your plan will evolve mutually between us and should be reviewed regularly during our counseling sessions. Additionally, you are under no obligation to obtain a mortgage, purchase a home or rent an apartment or house and have the option to terminate the counseling program at any time and for any reason.
No ICHDE employee, officer, director, contractor, volunteer, or agent shall undertake any action that might result in, or create the appearance of, administering counseling operations for personal or private gain, provide preferential treatment for any person or organization, or engage in conduct that will compromise our agency’s compliance with federal regulations and our commitment to serving the best interests of our clients.
I/We understand that ICHDE provides information and education on numerous loan products and housing programs and I further understand that the Housing Counseling I receive from ICHDE in no way obligates me to choose any of these particular loan products or housing programs.
By signing below, you certify that all information is true and correct to the best of your knowledge. You also acknowledge that you have read and understand the above disclosures.
