McGraw-Hill Federal Credit Union Oct. 26th Free Seminar Arms Hopeful Homeowners With Knowledge

EAST WINDSOR, N.J., Oct. 19, 2011 /PRNewswire/ -- The excitement of purchasing a home can rapidly turn to confusion without a clear understanding of the home-buying process. To help guide prospective homebuyers, McGraw-Hill Federal Credit Union is offering a home-buying seminar from 5:30 to 7 p.m. on Wednesday, Oct. 26, at its headquarters, located at 120 Windsor Center Drive in East Windsor, N.J.

Anyone who has ever been perplexed by a mortgage application, wondered how much money to put down on a house, or been caught off guard by closing costs will benefit from the guidance of McGraw-Hill FCU's Danielle Lipari, a Business Development Executive who is presenting the seminar. Mrs. Lipari has nearly a decade of experience in the financial services industry, including positions in underwriting and mortgage operations management, where she oversaw Sovereign Bank's mortgage operations team that supported the greater New York and New Jersey loan production region.

"For some people it could be the right time to purchase a home as interest rates are low and housing prices have fallen," said CEO and President Shawn Gilfedder. "The state of the housing market today could spell opportunity for people, if they have the knowledge to make informed decisions. That is why we believe it is important to empower our members and educators with the tools and resources they can use during every step of the mortgage process."

About McGraw-Hill Federal Credit Union's Financial Literacy Series

The home-buying seminar is part of McGraw-Hill FCU's Financial Literacy Series, which began as a way to provide educational resources to New Jersey school teachers, and was recently expanded to include the credit union's membership and their families. Seminars are developed in collaboration with the New Jersey Department of Education and the New Jersey Coalition for Financial Education. The material fulfills Financial Literacy Standard 9.2.12.C.4, and a Professional Development Certificate is provided to teachers who attend. The credit union is hopeful that teachers attending the October 26 program will share lessons learned with their students, the next generation of homeowners.

The Oct. 26 seminar is presented without charge. To register, visit www.McGrawHillFCU.org/educationseries, contact Annmarie MacDonald at 1-800-226-6428, extension 6513, or email [email protected].

McGraw-Hill Federal Credit Union is a leading and progressive financial institution committed to more than 18,500 members, 120 companies, and the community at large through financial technology, financial education, and a consultative approach to banking. Visit www.McGrawHillFCU.org, or view videos about McGraw-Hill FCU at www.youtube.com/McGrawHillFCU. For more details about the Financial Literacy Series, visit www.McGrawHillFCU.org/educationseries.

Editor's Note:  Reporters who wish to either attend the Oct. 26 workshop, or to conduct an interview prior to the workshop, should call Leza Raffel or Jessica Lester at (215) 884-6499.

CONTACT: Jessica Lester or Leza Raffel (215) 884-6499 (office)

SOURCE McGraw-Hill Federal Credit Union