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IDEA 2020 Interest List

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128 E Katella Ave

128 East Katella Avenue

Orange, CA 92867

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This is for families and individuals who are interested in the 2020 IDEA cohort. This is a 4 to 1 match savings program that can assist you with your goal of homeownership. By filling out this ticket, we will add you to our interest list for the 2020 cohort and we will be in touch with you in December 2019 to give you additional information and tell you what are your following steps.

You may find the following information helpful to you in deciding if the IDEA program is for you:

The purpose of this information is to provide information and process flow on the 2020 IDEA Program.

Program Commitments:

  • Customer must attend one class a month for ten months

  • Customer must pay $100.00 enrollment fee; it will be due when they are notified that they have been accepted into the cohort.

  • Customer must open savings account with Luther Burbank Savings.

  • Customer must deposit $250.00 a month (every month) into the savings account for as long as they are in the program. Should the customer miss a deposit they will forfeit their place in the IDEA program

  • Customer must attend one of the mandatory scheduled orientation classes.

  • Customer must create their online profile and submit all required documentation by the due date.

  • Customer must be below 80% AMI Area Median Income

Orientation:

  • It is mandatory that any customer interested in the IDEA program attend on one the two orientations being offered. Registration orientation will be held in January of 2020.

Document Submission:

  • At the orientation customers will be provided with instructions on how to create their profile and how to upload the required documents into our online system.

  • Documents must be submitted by deadline. No exceptions!

  • Any incomplete or unreadable documentation will be considered an incomplete file. The files will not be accepted and they will not be part of the cohort.

Additional Information:

  • Please note that we must have a minimum of 20 households enrolled in the program to have a 2020 IDEA cohort.

Should there be any additional questions, please email us at info@nwoc.org.

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128 E Katella Ave

128 East Katella Avenue

Orange, CA 92867

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