Glory 1 Program Qualifications
Glory 1 Program Qualifications
Glory 1 has worked with many different diverse populations of consumers over the past several years. We have placed clients in homes of their dreams, created, established and increased client credit ratings, adjusted for consumers on a political level to combat credit mutilation by creditors. Glory 1 has developed a community reputation for being on the leading edge of real estate renovation and bankruptcy and foreclosure intervention. This focus and expertise has enabled the Glory 1 to take full advantage of the new generation of home ownership, and to combat predatory lending, and credit mutilation, and to create consumer, awareness, build stronger communities, revitalize economically diminishing neighborhoods, and share the wealth of America with those we serve. We elect to work with our politicians at a grass roots level, so that your voice is heard regarding this much needed fight.
We are at the forefront of this new generation of credit education, and consumer awareness. We have established a strong market position in Memphis, TN and we hope to take a rapidly growing presence in the national market.
Over the past 5 years Glory 1 has done extensive research, and searched many programs offered by some of our affiliated organizations. We found that there were many programs in place to help clients come out of public housing projects, there were programs designed to create credit awareness, and many laws there to assist and stamp out predatory lending. We also found that all of these great organizations such as Fannie Mae, FHA, Section 8 to Home Ownership, The NAACP, Consumer Credit and many nation Housing Authority organizations had the resources and had collected the research needed but failed to provide money or a hands on solution. We designed Glory 1, not to take the place of such organizations, but to join in the collective effort to build our communities, build our people and allow them the chance to partake in certain wealth's that many of them only hear and dream of.
According to recent surveys, and field studies, it was determined how many of our predecessors and colleagues have helped dozens to become homeowners and to ensure effective credit education and awareness. However there is still a huge gap and massive amount of consumers that remain clueless in the home buying process, and/or credit awareness and wealth building. We have surveyed many tenants of public housing and discovered that while there are innovative programs in existence, the negate to take the clients by the hand, step-by-step and lead them to financial freedom and wealth. It is one thing to tell me what to do; it is another to show me what to do. For many years we have created welfare programs designed to aide participants which in turn crippled many of them. It left generations of recipients and still did not bread the knowledge that was needed to leave “The System”. We at Glory 1 realize this, thus we are willing to roll up our sleeves, fold up our pant leg, and jump in with the community we serve to show them the way. There is an age old saying that states, “Give a man fish he will eat for a day, Teach him to fish and he will eat for a lifetime. Glory 1 believes in fully educating our participants, holding there hands through the process of home buying, insuring affordable housing by providing housing, reconciling clients with their creditors by paying off outstanding debts*, seeking out sound lending by providing lending programs, and combating predatory lending by becoming the lender.
Products & Services
When an individual is placed within the Glory program, they are sent through a step-by-step process. This process involves showing them their credit history, and offering credit solutions to their credit issues. We look at their employment history to confirm self reliance, and keep them on track to empower them in becoming and/or maintaining their productivity as a member of this society.
The services that Glory 1 provides are free to the client and are done on a voluntary basis. The clients come through various state and local Human Services programs.
The source advantages to the client such as::
- Affordable living (By building credit ratings, credit is more affordable).
- Adult Mentoring with community organizations and lenders that will provide a step by step process of help with credit issues and how to overcome credit barriers. These mentors/volunteers will work with the program participants to achieve credit and budgeting goals.
- Credit reconciliation (We act as a liaison between the client and their creditors to work with them in paying off debts and/or removing derogatory information from credit files if applicable)
- Home Buyer consultation (Glory accommodates and assists clients by reviewing credit documents, and Truth In Lending, Good Faith Estimates, and Mortgage Notes. This prevents the potential for predatory lending practices)
- Provide Financing when necessary by working with a certified licensed and experienced loan professionals and Mortgage firms.
Glory 1 provides advocacy, so customers may choose among competitive real estate offerings rather than being restricted to any one home**, or lending institution.
