If you are looking to purchase your first home, now is the time to participate in Home Stretch! Home Stretch is a highly recommended first-time homebuyer workshop that takes participants through the entire home buying process. In one day, you will learn about qualifying for a mortgage, financing a home, credit, real estate, the closing process, basic home maintenance and affordable mortgage products that may be available to first-time homebuyers.
Some affordable mortgage products, government loans and down payment and closing cost assistance programs may require a buyer to receive a Home Stretch certificate. This workshop is available for free for the month of June.
Homebuyer education is also offered as an online course. Framework is a new online tool to prepare you for successful homeownership.
Framework will provide you with the facts you need to become a knowledgeable buyer. Many lenders have approved Framework to meet homebuyer education requirements.
Central Minnesota Housing Partnership, a non-profit organization providing affordable housing services to the central region of Minnesota, coordinates the Home Stretch workshop. The next workshop will be offered in Elk River as a two day workshop June 3 from 3 p.m. to 8 p.m. and June 4 from 5 p.m. to 8 p.m. at the Elk River Public Library. Registration is required, and participants will receive a completion certificate at the end of the workshop.
To register for the online Framework course or the Home Stretch workshop, please contact Trista at 320-258-0681 and visit their website www.cmhp.net for more information.
Pre-purchase counseling is also available by appointment and is strongly recommended prior to taking Home Stretch. This is a free service to anyone who wants to speak with a certified homeownership counselor about their financial situation prior to buying a home.
