Ending Homelessness of PA Start Up Non-Profit

[Kathy Utiss]

Good Day, 

We've been in the process of attempting to come up with a solution to "End Homelessness." Most of the work is done. Our way to do this is to offer a "Deferred Payment Mortgage" to both investors and homeowners. The idea is to encourage one to use their health to insure their wealth. This is done by using a life insurance policy. I do have a LLC and a non-profit to do this if necessary. The solution requires one to put 20% down. Then that money is put thru the "Double the Donation." The double the donation raises the funds to pay off the property. Then once the resident qualifies for the policy they are housed accordingly. With the policy paying off the p/i on the created loan.

But finding investors isn't as easy as we thought. As with the double the donation the funds have to go into the non-profit bank account. I have a decent score but some credit advertisers say it's like 680 vs 725 very alarming there could be such a discrepancy when all you do is try to maintain. While I understand a lot more than most I'm looking for more insight. I did have someone approve a vip deck but then they just quit responding. 

We are able to also offer a better rate of return than most. But the idea lets one put the money down and end up with a deferred payment mortgage. This means there is no default as well that could be created. This is a massive savings to both investors and homeowners. As our program is for homeless and near homeless. Investors could place section 8 tenants and receive the income they usually make. Plus not have p/i pymts. Any advice?