There’s an interest brewing for West Jackson…and why not? West Jackson is adjacent to the ever-growing downtown and convenient to the metro-area’s shopping districts. West Jackson also has plenty of homes with loads of character–many of which are waiting for homeowners to make them their own.
That’s where WESToration comes in. WESToration is a public-private partnership that seeks to revitalize the West Jackson area through home ownership.
What’s involved with WESToration?
This program involves extensive use of the FHA 203K loan. This loan allows qualified homeowners to bundle acquisition and construction costs for home rehabilitation into one loan. The end result? One mortgage and no multiple-loan hassles.
Who’s involved in WESToration?
The star of the show is, well, YOU! The success of this initiative depends upon the decision of homeowners and potential owners to invest in West Jackson.
WESToration organizers include Cornerstone Home Lending, Jackson State University’s Center for University-Based Development, Atmos Energy, Leah Cim Real Estate & Property Management, and Wright Concepts.
How can WESToration benefit me if I choose to stay in West Jackson?
If GOING green is your thing, then saving an existing house is the best solution when purchasing a home. West Jackson has an abundance of character-filled homes that won’t require stripping mother nature of her precious resources (as you may find with building a new home). West Jackson is also adjacent to downtown, so no more gas guzzling commutes to work. In fact, you can grab your bicycle and commute to work with zero emissions.
If you prefer SAVING green, then selecting a low cost home & making energy efficient upgrades will keep your money in your pockets. Home prices in West Jackson are extremely affordable. Plus, West Jackson’s adjacency to downtown will allow you to use your gas money for other things.
Let’s not forget to mention that the traditional method of renovating a home involves obtaining two loans (one to purchase the home and one to renovate). With the FHA 203K loan, you’ll have only one mortgage.
Who can participate in the WESToration Initiative?
The FHA 203K loan and other forms of financing are available to any qualified homeowner/home buyer.
I currently live in West Jackson. Can I participate in the WESToration Initiative?
Certainly! Financing programs offered through WESToration can also be used to renovate the home in which you currently live.
I’m looking to purchase my first home. Can I participate in WESToration?
Absolutely! In fact, by choosing a home in West Jackson, you may also qualify for down payment assistance offered by the City of Jackson to first-time homeowners.
I need more info. Is there a brochure available with more information?
Download Info Guide
There sure is! Just click the image to the right for a more detailed (but very easy to read) information package.
How do I get involved with WESToration?
If you are interested in purchasing a home in West Jackson or renovating the West Jackson home in which you live, contact Cornerstone Home Lending (601.982.1153 or bosmith@houseloan.com). Cornerstone will determine the mortgage for which you are qualified and may refer you to a Realtor. Real estate broker Michael Lewis of Leah Cim Real Estate has been an integral part of our WESToration team and has researched many of the properties here in West Jackson. If you’d prefer for Michael to assist with your home search, contact him at 601.927.9257.
Thanks for your interest! We look forward to you being a part of this exciting restoration…or shall we say WESToration…of West Jackson.
Related blog posts:
The Personal Side of WESToration
Take a look at the footage from one of our previous WESToration events:
