INTERVIEW: Becoming—and staying—a homeowner with Prosperity Unlimited's Louise Mack

Prosperity Unlimited's Louise Mack has more than three decades of experience helping folks achieve the dream of homeownership. Her mantra: Get the math right and prosperity will follow.

We sat down with Louise to talk about her organization's origins and goals (1:16), then got her thoughts on financial literacy (5:37), budgeting (7:04), considerations to make before a home purchase (8:56), current challenges potential homeowners face (10:01), steps in the homebuying process (10:40) and resources for maintaining financial balance following a home purchase (18:44). Then we discuss how to get involved with Prosperity Unlimited (20:32), an upcoming homeownership event (22:27) and a NEW down payment assistance program (24:12) before ending with client stories, good and bad (26:11). 

Prosperity Unlimited is a Kannapolis-based organization that provides a variety of homebuying and financial literacy programs. The organization is a recipient of Cabarrus County's American Rescue Plan Act (ARPA) Recovery Grant program.

UPCOMING HOMEOWNERSHIP EVENT

Prosperity Unlimited is staging a workshop called Getting to "Yes" For Your Home Purchase. The event will be held on April 20, 2024 from 8:30 a.m. to 2 p.m. at the Bethel Enrichment Center, 2474 Dale Earnhardt Blvd. in Kannapolis.

Participating sponsors include First Citizens Bank, Fifth Third Bank, Wells Fargo Bank, SouthState Bank and Pinnacle Bank and supporting organizations include Bank of America, Truist Bank and Self-Help Credit Union. 

Register at https://www.surveymonkey.com/r/ZH3LZ66

For more information or to get help, call 704-933-7405 or email education@prosperitycdc.org. 

Host: Dominique Clark

Produced by: Cabarrus County Communications and Outreach