America's Home Program Offers a Solution to Home Ownership

    TAMPA, FL, August 18, 2011 /24-7PressRelease/ -- It's not a secret that American home prices are lower than they've been in many decades. Logically, that should translate into the dream of home ownership being achieved by many who previously thought it beyond reach. However, another piece of the puzzle to home ownership continues to raise its ugly head ... the issue of financing and mortgage approval.

At a glance it seems that mortgage approval rates are up, but the stats can be misleading. Many potential borrowers are not even applying for a mortgage because they assume they will not qualify. Whether the reason is self-employment, lack of job history or credit "issues," the public is well aware that lenders have made it increasingly more difficult to secure a mortgage.

The question many mortgage applicants find themselves asking is, "What good are low prices and low mortgage rates if I can't qualify for a loan?" Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of Realtors, recently said, "Good borrowers with one or two blemishes on their credit are being denied credit."

America's Home Program founder, Mark Sanders of Tampa, recognized the situation and established his Program to be a solution for many deserving families. As the mortgage industry tightened its lending guidelines and demanded increasingly higher credit scores, he set out to solve the problem for the members of his Home Buyer's Club. Sanders' calls the members of his Home Buyer's Club, Home Member Applicants or HMAs, for short.

America's Home Program (AHP) truly offers an affordable solution for individuals and families who want to purchase a home of their own but also need professional assistance getting qualified for a mortgage. Sanders' brainchild offers HMAs the opportunity to purchase fully renovated homes. As the first step in their Mortgage Approval process, the lending for the HMA is provided by America's Home Program. As HMAs make monthly mortgage payments, the Mortgage Approval Services division monitors and reports monthly updates to all major credit agencies. Ongoing credit coaching also guides the HMA in cleaning up credit issues and doing what is necessary to fall within today's lending guidelines.

Applicants who apply for membership in the Home Buyer's Club are pre-screened to ensure they are eligible for the Program. When the Mortgage Approval Services division identifies an applicant who can be qualified for conventional lending within 10 months, they are accepted into the Program. America's Home Program currently has 100's of HMAs (qualified Home Member Applicants) in their program waiting for an available home. Without Mark Sanders' vision and America's Home Program, these same individuals and families would be destined to remain part of the ever-expanding pool of renters in this country.

America's Home Program is a full service, turn-key solution for homeowners, investors, buyers and renters. For further information, please contact us at (813)977-2727 at http://www.americashomeprogram.com.

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