QUARTERLY REPORT—APRIL 2017 ehomeamerica · APRIL 2017 CONTINUED eHome America provides an...
Transcript of QUARTERLY REPORT—APRIL 2017 ehomeamerica · APRIL 2017 CONTINUED eHome America provides an...
QUARTERLY REPORT—APRIL 2017 ehomeamerica.org
eHome America is a unique interactive online education program for prospective homebuyers offered through local nonprofit HUD-approved housing counseling agencies.
SINCE 2009, 250,126 PROSPECTIVE
HOMEBUYERS ASSISTED
1ST QUARTER 2017
$939,531 in revenues for partner agencies
’09 ’10 ’11 ’12 ’13 ’14 ’15 ’16
1,216
27,075
8,770
57,848
5,127
40,268
15,686
74,422
ENDORSED BY NeighborWorks America, the U.S. Department of Agriculture Rural Development Services, and numerous state housing finance agencies.
HELPING NON-PROFIT COUNSELING ORGANIZATIONS
EXCEEDING national industry standards for homeownership education and counseling.
make homeownership education services more convenient and accessible
make counseling more efficient with reduced labor costs
generate revenue through fee income to offset high-intensity counseling services
19,714 registrations
APRIL 2017 CONTINUED
eHome America provides an interactive learning environment so your customers can work at their own pace based on their availability. We also include everything your agency will need for counseling your clients and for marketing the program
FOR YOUR CUSTOMERS FOR YOUR AGENCY
Marketing material to partners for promotion
Administrative functions for counselors to monitor customers’ progress
PAST USERS
THE CURRICULUM
eHome America closely follows NeighborWorks America’s “Realizing the American Dream” curriculum.
Are You Ready to Buy a Home?
Managing Your Money
Understanding Credit
Getting a Mortgage Loan
Shopping for a Home
Keeping Your Home & Managing Your Finances
BECOME AN EHOME PARTNER AGENCY
500 partner agencies across the nation are sustainably expanding their service areas and counseling production while still providing high-quality service to consumers.
Revenues of $9.7M were generated by eHome America for its partner agencies since 2010.
IN ENGLISH & SPANISH
24/7 CONVENIENCE
Take the course from your own home, at your own pace
LOW COST
Only $99 for prospective homebuyers
BENEFITS
Increase efficiency, reduce staff workload by offering convenient 24/7 access to customers.
Web-based reaches younger, tech-savvy clients, and those unable to attend traditional classes.
Generate revenue to support counseling services.
POST COURSE FOLLOWUP
Upon completion, consumers typically participate in phone, Skype, or face-to-face counseling sessions with skilled nonprofit counselors to review credit reports, conduct an affordability analysis and develop a personalized action plan.
of eHome registrants
are first time home buyers
of eHome users are from
minority households
of eHome users have household incomes of less
than $75,000/year
82%87% 38%
ehomeamerica.org