Overview Of Our Process:
HALO buyer contacts the office
The customer contacts us because of either attending a seminar or because of one of our various advertisements.
HALO buyer indicates interest in owning a home through our program.
- Telephone interview is scheduled with prospective buyer and all decision makers
- Enroll in Credit Auditing Program
- HALO applicant is notified via email or mail if approved
- HALO applicant & Real Estate Analyst gather documents for their future loan
- Mortgage company per-qualifies HALO buyer
- Receipt option fee (goes into escrow until offer is accepted on property)
- Assign realtor if credit score meets minimum requirements and begin process to locate approved property or lot
- Once desired property is located an offer is made and escrow is released and assigned to a Real Estate Investor with all necessary contract signed
- Rehab team evaluates property and accesses work needed* (Rehab is limited to cosmetic repairs)
- Rehab team, Real Estate investor, and Halo management team have budget meeting
- Real Estate investor goes participates in property closing and rehab or construction begins*
- HALO Buyer pays a lease that is approximately the future mortgage amount
- When HALO Buyer’s credit score qualifies for a 30 year non-subprime fixed loan, the property is purchased and the new HALO buyer becomes a new homeowner
* = If necessary per FHA guidelines
