Calvin thought he had no chance of owning his own home. He had a very limited credit history and a limited monthly income. After working with Calvin for three months, HOPE lowered his monthly expenses by refinancing a high-interest auto loan. With $150 in additional monthly income available, Calvin qualified for down payment assistance and a HOPE mortgage loan. Calvin’s dream of becoming a homeowner was made possible through NeighborhoodLIFT®, an innovative partnership between Wells Fargo, NeighborWorks America®, the City of New Orleans, HOPE and others. HOPE manages this initiative that combines homebuyer education, down payment assistance and flexible mortgage financing.