Ellis and Venus Davis: A Second Chance In 2006, a loan officer talked Ellis and Venus David into a $225,000 mortgage, despite their doubts. When the loan's balloon payment came due, Ellis and Venus couldn’t pay. They lost both the house and their car. The next few years were an uphill struggle as they regrouped and repaired their credit. In 2012, they worked with Self-Help to qualify for an affordable mortgage. The couple is proud to be back on their feet. “It makes me feel…self-worth that I have my own place again," says Ellis. Legislation to Grow Homeownership Self-Help's home lending and residential real estate development experience helped spur us to craft homeownership tax credit legislation designed to create more homeownership opportunities for low-wealth Americans. Originally introduced in the 106th Congress, the proposal would provide a tax credit for lenders who make no or low interest second mortgages to low-wealth borrowers. Similar legislation was introduced in the 107th Congress. This legislation and the Center for Responsible Lending’s work both reflect Self-Help’s desire to effect broader change by using of lessons learned through our lending.