Financing

Financial assistance with housing

Purchasing a home can seem like a daunting task, but Cornerstone West and West End Neighborhood House can simplify the process with our dedicated team of certified housing counselors.

West End’s comprehensive Housing Counseling provides step-by-step guidance through the purchase process, pre and post mortgage counseling, default prevention, credit and budget counseling and down payment and settlement assistance. For more information, call 302-658-4171 and ask to speak to a housing counselor to sign up for the next Homeownership Affordability Workshop. For more programs to help you reach financial success, check out the Housing and Financial Management services offered through West End Neighborhood House.

Housing counseling is available through the following organizations:

Community Housing, Inc.

Wilmington: 302-652-3991

First State Community Action Agency, Inc.

New Castle: 302-498-0454

Dover: 302-674-1355

Hockessin Community Center

Hockessin: 302-239-2363

Housing Opportunities of Northern Delaware, Inc.

Wilmington: 302-429-0794

Interfaith Community Housing Delaware, Inc.

Wilmington: 302-652-3991

NCALL Research Inc.

Newark: 302-283-7505

Dover: 302-678-9400

Neighborhood House, Inc.

Wilmington: 302-652-3928

Middletown: 302-378-7217

West End Neighborhood House, Inc.

Wilmington: 302-658-4171

YWCA Delaware Homeownership Education

302-224-4060

Loans are available through the following banks and financial institutions:

Mortgage application form

Chase Home Mortgage Company

302-453-4455

Citizens Bank

302-421-2233

PNC Bank

888-533-5363

Wilmington Trust

302-472-3306

Frequently Asked Questions

How do I know if I can afford to purchase a Cornerstone West home?

Did you know that your mortgage can be as low or close to your current rent? Many Cornerstone West home owners are paying the same or less for their mortgage each month as they were for their previous rent. With mortgages starting as low as $100,000, owning your own home is within reach at Cornerstone West.

Financial assistance with loan documents

How can I get pre-qualified for a loan?

Call one of the lenders listed above or call 302-658-4171 to begin working with a housing counselor at West End Neighborhood House. They will walk you through the loan process.

What if I don’t have thousands of dollars saved for a down payment?

With down payment and settlement assistance and available equity through Cornerstone West, you can purchase a home for as little as $500 down.

Is the $8,000 tax credit for first time home buyers still available?

Yes, this tax credit is still available.

I want a home that’s energy efficient, are Cornerstone West homes “green”?

Cornerstone West homes are fitted with Energy Star appliances to maximize energy efficiency and minimize utility bills.

I’m ready to purchase a home, what’s the next step?

If you’re ready to start the homeownership process, call 302-658-4171 and ask to enroll in the next Homeownership Affordability Workshop.

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