Local Nonprofits Provide Housing Education Class

MADISON, Wis., Feb. 6, 2015 /PRNewswire-USNewswire/ -- Three area nonprofits, GreenPath Debt Solutions, Buyers Round Table of Dane County and Project Home, will team up for a two-night Home Buyer Education Class on February 10 and 17 in Madison.

"The class is for first time homebuyers, particularly those who qualify for various down payment assistance programs," said Ellen Bernards, GreenPath education specialist. "It will help participants prepare for homeownership, assist them in budgeting and planning appropriately, and help them understand the mortgage application and approval process."  She also noted that one of the major down payment assistance funding sources will become available again in mid-March.

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, per National Industry Standards.

February 10 will cover credit, money management, down payment assistance programs and lending.

February 17 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, February 10 and 17, 2015 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:  Ellen Bernards, [email protected]   or call 608-576-8658.

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 725 Heartland Trail, off Old Sauk Road.

About GreenPath Debt Solutions

GreenPath Debt Solutions is a nationwide, non-profit financial 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.

Headquartered in Farmington Hills, Michigan, GreenPath operates more than 60 branch offices in Michigan, New York, Texas, Wisconsin, Illinois, Colorado, Florida, Georgia, Nebraska, Indiana, New Hampshire, Arizona, Wyoming, Ohio and Massachusetts. GreenPath also delivers licensed services throughout the United States over the Internet and telephone.

GreenPath is a member of the National Foundation for Credit Counseling (NFCC), the Association of Independent Consumer Credit Counseling Agencies and is accredited by the Council on Accreditation (COA). The company also has an A+ rating with the Better Business Bureau. For more information, visit www.greenpath.org.

Logo - http://photos.prnewswire.com/prnh/20140326/DC91187LOGO

SOURCE GreenPath Debt Solutions

Related Links

http://www.greenpath.com