LEXINGTON, Ky., May 8, 2017 /PRNewswire/ -- This month, eHome America celebrates a significant milestone in the company's 8 year-history with more than 250,000 individuals across the nation receiving education to prepare them for home ownership. Developed by Community Ventures, eHome America is an online homeownership education program created to ensure that current and future homeowners received adequate education about the complexities of buying and owning a home. Over the past several years, eHome America has grown rapidly and quickly become the nation's top homebuyer education resource for families looking to purchase their first home, and increase their financial well-being.
"In the wake of the recession, our company quickly realized that consumers needed a resource to help cultivate a foundation for financial stability," said Kevin Smith, President & CEO of Community Ventures, eHome America has swiftly developed into an elite educational platform."
"The impact that eHome America has had on the lives of Americans post-recession has surpassed our greatest expectations for the company," said Milt Sharp, President of eHome America. "Our goal is to provide homebuyer education to as many first-time homebuyers as possible in advance of them making one of the largest financial transactions of their lives."
Having already assisted nearly 20,000 in the first quarter of 2017, eHome America is well on track to exceed 300,000 registered users in 2018. The profile of the eHome user is largely first-time homebuyers with over 87% purchasing their first home. 60% of users are under the age of 35 and roughly half are single, indicating an increase in home purchases from the millennial segment.
"We are seeing a steady influx of minority households and younger home owners striving to understand the economy and their role within it," said Smith. "eHome helps illustrate and promote the greater impact of homeownership on the economy."
Working with over 500 non-profit partners across the nation, eHome America has been endorsed by the USDA and numerous state housing finance agencies, and is accepted by most lenders as well as ten of the eleven federal home loan banks. eHome America is a nationwide program with offices in Louisville, Lexington, Cincinnati and Washington D.C. For more information on eHome America, visit us at eHomeAmerica.org.
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SOURCE eHome America