Local Nonprofits Provide Free Homebuyer Class On June 9 And 16

MADISON, Wis., June 3, 2015 /PRNewswire-USNewswire/ -- Three area nonprofits, GreenPath, Inc., Home Buyers Round Table of Dane County and Project Home, have teamed up to offer a free two-night Home Buyer Education Class on June 9 and 16 in Madison.

"The class is for first time homebuyers, particularly those who qualify for various down payment assistance programs," said Bill Druliner, GreenPath Community Engagement Manager. "It will help participants prepare for homeownership, assist them in budgeting and planning appropriately, and help them understand the mortgage application and approval process." He also noted that there is currently one down payment assistance program available that provides over $5,000 in assistance to eligible buyers.

The class features practitioners in lending, real estate, insurance, home inspection and debt management. Classroom time totals seven hours over two consecutive Tuesdays. A one-hour GreenPath counseling session is also required for those applying for down payment assistance programs.

June 9 will cover credit, money management, down payment assistance programs and lending.

June 16 will feature realtors, home inspectors, insurance agents and closing experts.

HOME BUYER EDUCATION CLASS SPECIFICS

What: Home Buyer Education Classes (meets requirements for all down payment assistance programs)

When: Tuesday, June 9 and 16, from 6 pm to 9:30 pm*

Where: Project Home's Training Center, 1970 S. Stoughton Road, Madison, WI 53713

Registration: Call Michelle at Project Home 608-246-3737 Ext. 2000 or email [email protected].

For more information:  email [email protected]  or call (877) 299-8339.

Home Buyers Round Table of Dane County (HBRT) provides funding and content experts for this program. If you'd like more information about HBRT, please visit www.homebuyersroundtable.org.

*To receive a Pre-Purchase HUD certificate, borrowers must complete both classes and a pre-purchase counseling session with a GreenPath housing counselor either by telephone or in person at GreenPath's Madison office at 725Heartland Trail, off Old Sauk Road.

About GreenPath, Inc.
GreenPath is a nationwide, non-profit financial counseling and education organization that assists consumers with credit card debt, housing debt, student loan debt and bankruptcy concerns. Their customized services and attainable solutions have been helping people achieve their financial goals since 1961. For more information, visit www.greenpath.org.

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SOURCE GreenPath Debt Solutions

Related Links

http://www.greenpath.org