Homeownership is a dream for many Americans, but in today's economic climate, that goal can seem hard to achieve. Whirlpool Corporation may now be able to help. The company is teaming up with the American Homeownership Initiative (AHI), which provides a financing alternative to traditional mortgages. Whirlpool has committed to help add value to homes purchased through the AHI program by offering affordable appliances.

"The AHI program makes it possible for more renters to become homebuyers without living beyond their means," said Mitchell Isert, northeast division director at Whirlpool Corporation. "It's a wonderful way for residential owners, realtors and buyers to benefit. We’re proud to support such a cause, particularly at a time when it’s most needed."

The AHI process consists of an Installment Sales Agreement (ISA), referred to as a contract for deed or a land sales contract, which is used to buy and sell real estate. The process helps close homes more quickly and for less than a conventional mortgage.

"Whirlpool Corporation's support of our program and its role in helping during the current housing crisis are a wonderful added incentive for homebuyers," said William Stratton, executive director of AHI. "Major appliances are an essential part of a home. By helping to lower costs associated with homeownership, homebuyers can enjoy their new homes that much more."

For more information about the AHI program, call 201-892-1510, email ContactAHI@ourAHI.com, or visit their website